Tag: SaaS companies

Technology

Relativity Welcomes Kirk Larsen as Chief Financial Officer

Apr 5, 2024 by Sujata Muguda 0 Comments #a global legal technology company, #Chicago, #Kirk Larsen, #Kirk Larsen as Chief Financial Officer, #Phil Saunders, #Relativity, #SaaS companies

CHICAGO, April 4, 2024 — Relativity, a global legal technology company, announced the appointment of Kirk Larsen as Chief Financial Officer (CFO), effective April 16. Larsen brings more than three decades of financial leadership experience and an exceptional track record in scaling SaaS companies and building long-term value creation through strategic financial planning, capital allocation, and mergers and acquisitions.

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Before joining Relativity, Larsen was President and CFO at Black Knight, Inc., a software, data, and analytics company that serves the housing finance continuum. During his decade-long tenure, he played a pivotal role in leading the organization through significant milestones, including its initial public offering, 11 acquisitions, and its nearly $12 billion sale to Intercontinental Exchange, Inc. He has also held finance leadership positions at ServiceLink and Fidelity National Information Services. Additionally, Larsen is a member of the Board of Directors of NCR Voyix Corporation.

“Kirk has cultivated a unique skill set to propel technology companies to unprecedented levels of success,” said Phil Saunders, CEO of Relativity. “With his impressive achievements as a financial leader, Kirk is well suited to support Relativity in driving our continued growth forward amid this era of transformational AI and data that is redefining the legal technology industry. Kirk will undoubtedly bring great value to Relativity, and we’re thrilled to welcome him to the team.”

As CFO, Larsen will be responsible for spearheading the financial management and strategic planning for Relativity, overseeing the organization’s finance and accounting functions. Additionally, Larsen is dedicated to using his position and experience to mentor and develop the next generation of finance leaders at the company.

“I see a remarkable opportunity for Relativity to continue its tremendous success based on its leadership position in the market, focus on continuous innovation, and groundbreaking AI solutions that are solving today’s most complex legal data challenges,” said Larsen. “I’m humbled and excited to join a company that is driven by a strong user community, talented employees, and deep core values. I look forward to leveraging my extensive experience in scaling SaaS companies to help Relativity in maximizing its growth.”

Larsen succeeds Sailesh Munagala who joined Relativity as CFO in 2021. Munagala will stay on in an advisory role through the end of July working closely with Larsen to ensure a seamless transition.

“Sailesh has played an instrumental role in elevating Relativity to the company it is today and has been a wonderful partner to work with,” said Saunders. “He supported Relativity in navigating not only its strategic growth investment from Silver Lake in 2021 but three key acquisitions in just three years. We thank Sailesh for his exceptional leadership and impactful contributions to Relativity’s growth.”

Technology

5 new age SaaS companies disrupting the startup ecosystem

Apr 21, 2021 by Neel Achary 0 Comments #SaaS companies, #software as a service

According to Bain & Company report analyses, India is among the fastest-growing SaaS markets in the world and Indian software as a service (SaaS) companies are poised to reach $18-20 billion in revenue and capture 7-9% share of the global SaaS market by 2022. Presently, there are a lot of SaaS startups in the industry serving different sectors, but only some are here to stary and create history. Here is a list of the top 5 SaaS startups serving Indian and International markets:

1. Freshworks

SaaS-based unicorn Freshworks was founded as Freshdesk by Girish Mathrubootham, along with Shan Krishnasamy in 2010 to empower the customer support teams to work with the customers to resolve their issues in an effective and efficient manner. In less than a decade, Freshworks has emerged as one of India’s breakthrough startup with more than 150 companies using its SaaS-based products to run their businesses. It joined India’s coveted unicorn club in 2018. Till date, Freshworks has raised a total of $399 million from prominent investors like Accel, CapitalG, Sequoia Capital, and Tiger Global Management.

2. Toch

Founded in 2016 by Vinayak Shrivastav, Saket Dandotia, and Alok Patil, Toch is a B2B enterprise solution that offers a cloud-agnostic platform that allows process content to be auto-meta-tagged and create a pool of metadata that translates into interactive, bite-size video content. It is a SaaS company with subscription-based model for enterprises and individuals. Toch, a one-of-a-kind media-tech platform built on proprietary AI and ML looks to revolutionize video content by leveraging AI to unlock its true potential.

3. Superpro.ai

Superpro.ai is the brainchild of Gaurav Tripathi, Sagar Ramteke, Vivek Kumar, and Vijay Goel, and aims to provide simpler, better, automated video communication workflows and turn professionals into ‘super professionals’ by giving them ‘super tech powers’. With no-code video workflow integration, control and flexibility, and end-to-end data visibility, the platform is the first-of-its-kind in India offering superior tech-driven feature. It is B2B SaaS platform, the company charges businesses on a ‘pay per use’ model and offers a wide array of products including SuperBot – a video communication bot that can be embedded in any webpage and enables businesses to not just capture but engage customers instantly via a video call within the browser itself.

4. Druva

Pune-based Druva is an all-in-one data protection provider. Founded by Jaspreet Singh, along with Milind Borate in 2008, Druva offers complete data protection to its customers by providing services like data recovery, data migration, ransomware protection and cloud backup on demand. Druva has emerged as a leader in the cloud data protection and management industry and it is among the few private companies to generate $100 million in annual recurring revenue. The startup has helped more than 4,000 customers to protect their data while also bringing down the high costs involved with data security by removing the need for all the unnecessary hardware.

5. MoEngage

Founded by Raviteja Dodda and Yashwanth Kumar in 2014, MoEngage is a SaaS-based mobile-first customer engagement platform. It uses data analytics to help its clients to better understand their customer behaviour and patterns. This understanding helps the companies to boost customer engagement by sending personalized notifications and offers across multiple channels like apps, emails and SMS.