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kompyte.com

Founded Year

2014

Stage

Acquired | Acquired

Total Raised

$3.63M

About Kompyte

Kompyte allows any company to track what their competitors are doing online in terms of ads, SEO, mentions on social media or email campaigns.On February 28th, 2022, Kompyte was acquired by Semrush. Terms of the transaction were not disclosed.

Kompyte Headquarters Location

814 Mission St

San Francisco, California, 94103,

United States

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Latest Kompyte News

Semrush Announces First Quarter 2022 Financial Results

May 10, 2022

More than 87,000 Customers as of March 31, 2022 First Quarter Revenue of $57.1 million May 10, 2022 05:11 PM Eastern Daylight Time BOSTON--( BUSINESS WIRE )--Semrush Holdings, Inc. (“Semrush” )(NYSE: SEMR), a leading online visibility management SaaS platform, today reported results for the quarter ended March 31, 2022. “The first quarter was a solid start to the year, and I am proud of our team as they navigated through a challenging geopolitical environment to deliver record new customer growth. We added more than 5,000 customers in the quarter and the strong start to the year gives me confidence in our outlook for the remainder of 2022. The customer growth was broad-based, which is very encouraging given that select geographies experienced challenges in the first quarter. I believe the customer growth speaks to the tremendous value we deliver to our customers and the critical role we play in their success,” said Oleg Shchegolev, CEO and Co-Founder of Semrush. “I believe our investments in brand marketing are already a key contributor to that growth. Our first campaign launched in mid-March and we expect to launch additional campaigns through the end of the year. I am hopeful that these investments can continue to drive new customer growth. We closed the acquisition of Kompyte in late March and I look forward to sharing more details about our plans for Kompyte as well as the broader category of competitive intelligence solutions later this year,” added Mr. Shchegolev. First Quarter 2022 Financial Highlights First quarter revenue of $57.1 million, up 43% year over year ARR of $236 million as of March 31, 2022, up 41% year over year Generated cash flow from operations of $8.0 million in the first quarter Dollar-based net revenue retention of 127% as of March 31, 2022, up from 126% in the previous quarter More than 87,000 paying customers as of March 31, 2022, up approximately 19% from a year ago Net loss of $2.6 million for the first quarter, compared with a net income of $1.5 million a year ago Non-GAAP net loss of $1.6 million for the first quarter, compared with non-GAAP net income of $2.1 million a year ago See “Non-GAAP Financial Measures & Definitions of Key Metrics” below for how we define ARR, dollar-based net revenue retention, non-GAAP net income (loss), and the financial tables that accompany this release for reconciliations of each non-GAAP financial measure to its closest comparable GAAP financial measure. Business Highlights Semrush customers in two of our largest markets, the United States and Australia can now access more accurate search volume estimates, the major update to the platform which we expect will be rolled out worldwide later this year App Center achieved a significant milestone as we added more than $1 million of gross ARR in a single quarter Launched our Media Monitoring add-on and saw an impressive 20% take rate from new Prowly customers during the first week of availability Agency Growth Kit crossed $2 million of ARR in the quarter, up more than 25% from the previous quarter Expect to wind down our Russia operations with a goal to relocate substantially all employees by the end of September 2022 Business Outlook Second Quarter 2022 Financial Outlook Revenue is expected to be in a range of $59.5 million to $60.5 million, ​​up 33% year over year Non-GAAP net loss is expected to be in a range of $9 to $8 million, which reflects an incremental additional $3.5 to $4.5 million of one-time relocation costs related to the winding down of our Russia operation Full-Year 2022 Financial Outlook Revenue is expected to be in a range of $249 million to $251 million, up over 33% year over year Non-GAAP net loss is expected to be in a range of $46 to $44 million, which reflects an incremental additional $14 to $16 million of one-time relocation costs related to the winding down of our Russia operation Reconciliation of non-GAAP net loss guidance to the most directly comparable GAAP measure is not available without unreasonable efforts on a forward-looking basis due to the high variability, complexity and low visibility with respect to the charges excluded from this non-GAAP measure, in particular the measures and effects of share-based compensation expense, employer taxes and tax deductions specific to equity compensation awards that are directly impacted by future hiring, turnover and retention needs. We expect the variability of the above charges to have a significant, and potentially unpredictable, impact on our future GAAP financial results. Conference Call Details Semrush will host a conference call and webcast to discuss its financial results, business highlights, outlook and other matters, the details for which are provided below. Date: Wednesday, May 11, 2022 Time: 8:30 a.m. ET Conference ID: 3520221 Participant International Dial-In Number: 1 (646) 360-0185 Registration: The live webcast of the conference call as well as the replay can be accessed for a limited time from the Semrush investor relations website at http://investors.semrush.com/ . About Semrush Semrush is a leading online visibility management SaaS platform that enables businesses globally to run search engine optimization, pay-per-click, content, social media and competitive research campaigns and get measurable results from online marketing. Semrush offers insights and solutions for companies to build, manage, and measure campaigns across various marketing channels. Semrush, with over 87,000 paying customers, is headquartered in Boston and has offices in Philadelphia, Dallas, Prague, St. Petersburg, Warsaw, and Limassol as well as new locations in the Netherlands, Germany, Turkey, Armenia, Serbia, and Georgia. Forward-looking Statements This press release contains forward-looking statements within the meaning of the federal securities laws, which are statements that involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “shall,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. Forward-looking statements include, but are not limited to, guidance on financial results for the second quarter and full year of 2022; statements about our ability to successfully relocate employees out of Russia, including executing our relocation plans on the timeline we expect and at the anticipated cost; statements about future operating results; statements regarding the expectations of demand for our products, including adoption of and demand for new products and features, our addressable market size, and growth of our business; statements about the market opportunity and our positioning to capture the market opportunity; and statements about the effectiveness of our products and our competitive advantages. The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission (“SEC”), including in the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations'' in our filings with the Securities and Exchange Commission ("SEC"), including our Annual Report on Form 10-K, filed with the SEC on March 18, 2022, as updated by our subsequently filed quarterly reports and other SEC filings. Although we believe that our plans, intentions, expectations, strategies and prospects as reflected in or suggested by those forward-looking statements are reasonable, we can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved. The forward-looking statements in this release are based on information available to us as of the date hereof, and we disclaim any obligation to update any forward-looking statements, except as required by law. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release. Additional information regarding these and other factors that could affect our results is included in our SEC filings, which may be obtained by visiting our Investor Relations page on its website at investors.semrush.com or the SEC's website at www.sec.gov . Non-GAAP Financial Measures & Definitions of Key Metrics Semrush has provided in this release the non-GAAP financial measure of non-GAAP net income (loss). Semrush uses this non-GAAP financial measure internally in analyzing its financial results and believes it is useful to investors, as a supplement to GAAP measures, in evaluating Semrush’s ongoing operational performance. Semrush believes that the use of this non-GAAP financial measure provides an additional tool for investors to use in evaluating ongoing operating results and trends and in comparing its financial results with other companies in Semrush’s industry, many of which present similar non-GAAP financial measures to investors. Non-GAAP financial measures have limitations as an analytical tool and should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with GAAP. Investors are encouraged to review the reconciliation of non-GAAP measures to their most directly comparable GAAP financial measures. A reconciliation of our non-GAAP financial measures to their most directly comparable GAAP measures has been provided in the financial statement tables included below in this press release. ARR is defined as the daily revenue of all paid subscription agreements that are actively generating revenue as of the last day of the reporting period multiplied by 365, except that we calculate the ARR of Prowly's customers as the monthly recurring revenue as of the last month of the reporting period multiplied by 12. Semrush includes both monthly recurring paid subscriptions, which renew automatically unless canceled, as well as the annual recurring paid subscriptions so long as Semrush does not have any indication that a customer has canceled or intends to cancel its subscription and Semrush continues to generate revenue from them. Dollar-based Net Revenue Retention is defined as (a) the revenue from our customers during the twelve-month period ending one year prior to such period as the denominator and (b) the revenue from those same customers during the twelve months ending as of the end of such period as the numerator. This calculation excludes revenue from new customers and any non-recurring revenue. Non-GAAP net income (loss). We define non-GAAP net income (loss) as GAAP income (loss), excluding stock-based compensation expense. We believe non-GAAP net income (loss) provides our management and investors consistency and comparability with our past financial performance and facilitates period-to-period comparisons of operations, as it eliminates the effect of stock-based compensation, which is often unrelated to overall operating performance.

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  • When was Kompyte founded?

    Kompyte was founded in 2014.

  • Where is Kompyte's headquarters?

    Kompyte's headquarters is located at 814 Mission St, San Francisco.

  • What is Kompyte's latest funding round?

    Kompyte's latest funding round is Acquired.

  • How much did Kompyte raise?

    Kompyte raised a total of $3.63M.

  • Who are the investors of Kompyte?

    Investors of Kompyte include Semrush, Adara Ventures, Caixa Capital Risc, Swanlaab Venture Factory, 500 Global and 7 more.

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