GetLatka interview
How Celigo Reached $92M ARR on $72M Raised While Staying Capital Efficient (Interview with CEO Jan Arendtsz)
Jan Arendtsz (CEO of Celigo) spoke to Nathan Latka on September 5, 2024.
Celigo figures from the interview
- ARR
- $92M
- Total Primary Capital Raised
- $72M
- Series C Round
- $48.54M
- Revenue Goal (End of 2024)
- $100M
“We've raised a total of 72,000,000 in primary capital to get to roughly about 92,000,000 in ARR right now. So that's the ratio that I look. That's about 1.6. Right? For every dollar of ARR, how much have you invested in terms of raised capital?”
“We were bootstrapped from 2011 to end of two thousand fifteen. By the way, we converted from a consulting company prior to that.”
“Unfunded, we decided we're gonna go build a new product. So in 2015, took a few engineers while still continuing business to go build a new product.”
Bio
Jan Arendtsz is a veteran of the software industry with more than 25 years of experience in sales, marketing, business development, product development, and customer success. He founded Celigo with the goal of simplifying how companies integrate business applications together for a connected enterprise. He is responsible for overseeing all company operations. Prior to Celigo, Jan was a Director at NetSuite, the leading cloud-based ERP platform, where he launched their integration platform. Prior to that, Jan worked for Cambridge Technology Partners, where he implemented complex business solutions for a multitude of customers ranging from Internet startups to Fortune 500 companies. Jan holds a B.S. in Computer Science from the University of Texas at Austin.