Friday, 24 March, 2023

Freshworks reports strong revenue growth, delivering first $100M plus quarter

<p>Freshworks Inc, a software-as-a-service company, announced on Friday that total revenue for the quarter ending December 31 increased by 44% to $105.5M. Total sales for the year were $371.0M, up 49% from 2020, with a net loss of $191M. Despite the business market not being the major go-to-market strategy yet, CEO Girish Mathrubootham highlighted that the broader client demography is demonstrating the fastest growth rate.</p>