Year Founded: 2016
CEO: Mathew Cagney (ex Afterpay)
Locations: Sydney Australia HQ, US, EMEA, APJ.
Size of Team: 35+
Website: www.renewtrak.com
Platform: #SaaS #Fintech #Martech. Trusted by over 30,000 channel partners globally.
Countries Live: 60+ countries, Multi-Language, Multi-Currency, Multi-Tax, ISO 27001 certified, PCI compliant, GDPR compliant.
Current Investors: Tidal Ventures and high net worth individuals.
Recent Milestone: 6X ARR growth in last 18 months, recent big technology company wins with Lenovo, Cisco, VMware & other leading ISV’s.
Why the name: The name is derived from the ability to renew and track your renewals and subscriptions through complex sales channels such as direct to Customer, via Distributor & Reseller, via Reseller and via Managed Service Providers (MSP) to quote, sell, grow & track your renewals; Renewtrak.
Why did the business start? : The renewals and subscription model is complex and all customers expect a simple proactive & self-service business to consumer (B2C) buying experience. A poor renewal experience can result in a loss of service, loss of value, highly frustrating customer experience and massive customer churn.
The financial markets now judge and analyse all tech companies on core benchmarks including; ARR, NRR and Gross Margin and this is where Renewtrak adds the most value in an absolutely gigantic $4.7 trillion market.