Topic: annual recurring revenue
-
Adobe's AI Investment Yields Major Growth
Adobe reported record annual revenue of $23.77 billion for 2025, an 11% increase, which it credits to the widespread adoption of its AI-powered creative tools. The company's AI strategy is centered on its Firefly generative models, with AI-influenced revenue now constituting over one-third of its...
Read More » -
Salesforce's AI Data Foundation Delivers Results
Salesforce's quarterly earnings demonstrate the business impact of its AI and data infrastructure, with revenue reaching $10.3 billion and a raised full-year forecast. The company's Data 360 and Agentforce platforms saw explosive growth, achieving nearly $1.4 billion in annual recurring revenue, ...
Read More » -
UC Berkeley Dropouts Raise $28M for AI Marketing Startup
A pair of UC Berkeley dropouts have secured $28 million in Series A funding for their AI-powered marketing automation platform, Conversion, proving that unconventional paths can lead to remarkable success in the tech world. The round was led by Abstract Ventures, with additional backing from ...
Read More » -
Lovable No-Code Platform Targets $150M Raise for Unicorn Status
Swedish no-code platform Lovable is negotiating a $150 million funding round, potentially valuing it at $2 billion, making it one of Europe’s top AI startups. Founded in 2023, Lovable has achieved $75 million in annual recurring revenue by enabling non-technical users to build apps and websites w...
Read More » -
FlatPay Becomes Europe's Latest Fintech Unicorn
FlatPay has become Europe's newest unicorn with a €1.5 billion valuation, focusing on simple flat-rate card payment solutions for small and medium-sized businesses. The company's customer base surged from 7,000 to 60,000 merchants, achieving over €100 million in annual recurring revenue and aimin...
Read More » -
Horizon3.ai Secures $100M in New Funding Round
Horizon3.ai raised $100 million in its latest funding round, with $73 million confirmed, highlighting strong investor confidence in automated security solutions amid rising cyber threats. The funding round, led by New Enterprise Associates (NEA), could value Horizon3.ai at over $750 million, with...
Read More » -
Assort Health Raises $50M to Automate Patient Phone Calls
Assort Health raised $50 million in Series B funding, reaching a $750 million valuation, to advance AI voice agents for automating patient communication tasks like scheduling and inquiries. The funding reflects strong investor confidence in AI's role in improving operational efficiency and reduci...
Read More » -
AI Coding Firm Cognition Acquires Windsurf, Creator of Devin
Cognition acquired rival firm Windsurf in a major AI coding industry shakeup, following Google's $2.4 billion executive poaching and OpenAI's expired $3 billion offer. The deal includes Windsurf's intellectual property, remaining 250-person team, and $82 million in annual revenue, with plans to e...
Read More » -
AI Medical Scribe Abridge Hits $5.3B Valuation in Just 4 Months
Abridge raised $300 million in Series E funding, led by Andreessen Horowitz, boosting its valuation to $5.3 billion and highlighting rapid growth in the AI medical documentation sector. The company leads the AI medical scribe market with partnerships like Epic Systems, serving over 150 U.S. healt...
Read More » -
Rork’s Founders Went Viral, Raised $2.8M from a16z
Rork's founders, Levan Kvirkvelia and Daniel Dhawan, transformed near-failure into success by securing $2.8 million in seed funding after a viral tweet highlighted their no-code mobile app builder. A $100,000 investment from Austen Allred sparked rapid funding, including backing from Andreessen H...
Read More »