Vidyard has raised $75 million with a single-page pitch deck. - Business Insider

The single slide focuses on a chart showing the company's accelerating annual recurring revenue rate.

"Every single time we've approached [fundraising] using this strategy, an investor has decided to ultimately write a check or issue a term sheet," Litt told Business Insider in an interview Monday. They had some success attracting customers. But many of their clients wanted something more — a way to put the videos Litt and Galloway had created onto their web sites. At the time, one of the most prominent alternatives for easily embedding a video on a website was to use YouTube. For corporations, though, YouTube had numerous disadvantages.

The company, now offers mobile apps and an extension for Chrome, and its software allows customers to record videos and easily post them on their sites. It also host videos for customers and will help them customize their recordings. And it helps client track and market to people watching the videos, integrating with Salesforce's customer relationship management service.

That pitch has resonated with companies. Vidyard expects to have 10,000 paying customers within the next year, and it's added some 4.7 million individual, free users just since the beginning of March. The company, which has more than 200 employees, is already profitable, Litt said, and is plowing some its profits back into its own marketing efforts.That kind of success has made it easier for the company to raise money through its one-slide presentation, Litt said.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Pitch deck: Social care startup Birdie raised Series A round from AXA - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

European investor Kindred Capital raises $105 million - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Facebook: Engagement with anti-vaxx pages more than trebled in a month - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I will not be participating Facebook hater, short squeeze soon! Mr Darwin might be able to resolve this one.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Tech stock sell-off: Single-day outflows for QQQ the most since 2000 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Are you NEW to FOREX? Minimize your losses with my expert strategy with an investment capital of $1000, i can guarantee $9,500 as profits after 5 days of investment. Inbox me if interested.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Boehringer Ingelheim and Click Therapeutics ink a $500 million deal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »