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Andy MacMillan

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How UserTesting Reached 3,500 Paying Customers and Raised $100M While Growing About 40% a Year (Interview with Andy MacMillan)

Andy MacMillan (CEO of UserTesting) spoke to Nathan Latka in March 2020.

UserTesting figures from the interview

Paying Customers (2020)
3,500
Funding Raised (latest round) (2020)
$100M
Revenue Growth (2020)
About 40% a year
Gross Revenue Retention (2020)
86%
Net Revenue Retention (2020)
A little over 100%
“We have about 3,500 SaaS customers that are paying us on an annual subscription base.”
“We're gonna cross a 100,000,000 in ARR probably mid this year, growing about 40%. So we're actually speeding up as we get larger.”
“We actually just raised a round. We're doing this interview, we're recording it, we're gonna do a press release in two days. ... But we just raised a $100,000,000 from Insight Partners, and have yet to announce that publicly, but pretty excited to have raised that.”

Read the interview →Watch the recording →

Company

UserTesting

Bellevue, United States · Founded 2007

Revenue
$147.4M
Funding
$148.5M
Team size
1.7K
Customers
3.5K

Company profile →CEO interview →

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