DES MOINES, IA - January 25, 2022 - Pitchly, the no-code data enablement company creating new ways for work to be done, has achieved another strong year of growth, positioning the company to further accelerate and scale in 2022.
The 2021 company-wide focus on creating client value was successful with 93% ARR growth, 99% customer retention and 31% annual subscription expansion, representing 131% net dollar retention.
Additionally, despite the well-documented challenges in the labor market, establishing a stable and experienced team was also successful, with 100% staff retention and the addition of key leadership roles. In key role expansion, Mike Hollibaugh joined as Chief Technology Officer and Ann Torry joined as Vice President of Marketing.
This combination of deeper client relationships and enhanced team expertise allowed Pitchly to finalize both its complete product design and ideal customer profile. With this clarity, the company was able to establish significant new distribution channels, including notable partnerships with Templafy, a leading global content enablement platform, and Williams Lea a leading global provider of skilled business-critical support services.
Pitchly also rounded out the year by completing an investment round to support ambitious growth, hiring and product roadmap innovations for 2022.
“This is the most excited I’ve been since starting Pitchly,” said CEO Ryan Gerhardy. “We’ve got a product that creates real value for our clients, a huge addressable market that is hungry for new ways to get work done, and we’ve got the right people to take this momentum to an entirely new level. I’m looking forward to 2022 being our breakout year.”
About Pitchly
Pitchly was founded on the belief that the future of work is data-driven, not task-driven. With a focus on solving the last mile dilemma for business data, Pitchly has created a place where people, data and content come together to generate real business outcomes. Pitchly's data productivity suite of applications, extensions, and integrations empowers collaboration, automation, and bottom-line value. Visit us online at www.pitchly.com.
Jan 25, 2022
