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Colin Earl

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How Agiloft Grew 50% Year Over Year and Raised $45M from FTV Capital in Contract Lifecycle Management (Interview with Founder Colin Earl)

Colin Earl (Founder and CTO of Agiloft) spoke to Nathan Latka on September 1, 2021.

Agiloft figures from the interview

Revenue Growth (2021)
50%
Revenue Growth (Prior Year) (2020)
40%
Total Funding Raised
$45M
Net Dollar Retention (2021)
Above 100%
In-House Engineers (2021)
50
“We had a round of funding from FTV about a year ago. Until then, we had no funding at all, had grown purely through bootstrapping and actually achieved number one ranking in the Gartner Magic Quadrant, at least in the critical enterprise capabilities report, without having a penny of funding purely through bootstrapping.”
“I won't answer that directly, but I will say that growth over the past year in terms of new sales has been more than 50% and the prior year was about 40%.”
“Yeah. So it's actually it's more growth in revenue, should say.”

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Bio

Colin Earl is a software industry veteran with 25 years of experience as a developer, product manager, and CIO. Colin worked at IBM, General Electric, and three start-ups before founding Agiloft. Agiloft is a leader in Contract Lifecyle Management and is featured in the Gartner Magic Quadrant.

Company

Agiloft

Redwood City, United States · Founded 1991

Revenue
$71.4M
Funding
$45M
Team size
308
Customers
1.5K

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Also at Agiloft