Talkoot, the first agile product storytelling application built to serve the fastest growing DTC brands, announced strong Q1 2020 results.
PORTLAND, OR APRIL 29, 2020
Talkoot, the first agile product storytelling application built to serve the fastest growing DTC brands, announced strong Q1 2020 results. Continuing with a remarkable 100% customer renewal rate, Talkoot added a Fortune 500 food and beverage manufacturer and a globally renowned outdoor and fashion brand, among other new customers across Q1. With a 547% increase in new ARR vs Q1 2019, the company is well-positioned for continued growth in the face of a global crisis as ecommerce is forecasted to carry retail through the foreseeable future.
“Crises favor challenger technologies. Retailers are realizing they don’t need the old, costly enterprise-wide information management solutions to win at DTC. They need a low-friction solution to quickly scale the type of high-impact product stories that turn shoppers into buyers. That solution is Talkoot. With Talkoot they’re able to see tangible results to their bottom line in weeks, not quarters,” said Brian Hennessy, CEO & Co-founder of Talkoot.
To drive continued rapid growth, Talkoot also expanded its executive bench by appointing Christian Prusia as Chief Revenue Officer. Prusia is a long-time start-up exec who understands the grit needed to achieve high-speed revenue growth from early stage all the way through growth stage. Formerly the VP of Worldwide Sales at Jama Software, he scaled revenues from <$100k to $20m+. Most recently, Prusia was the VP of Enterprise Sales at ZoomInfo, playing an integral role across both new business and customer success. He successfully tripled the number of $100k clients and earned multiple $1M wins. Now Prusia will lead the next stage of company growth for Talkoot.
“Having worked with Christian for many years while at Jama, it was clear to me that there is a certain personality and skill set needed to grow a SaaS company. I couldn’t be happier that the timing worked out. My message to the rest of the team was, buckle up!” said Derwyn Harris, CPO & Co-founder of Talkoot.
Produce brand-right, shopper-friendly product stories at scale. Faster. Together.
Founded in 2016, Talkoot is the first agile product storytelling application designed to help the world’s most loved brands write, edit, approve and translate product copy for thousands of products per season and deliver that content quickly to the global marketplace. Talkoot’s specialized online software plugs easily into existing enterprise resource planning, content management and product lifecycle management systems without creating redundant functionality or costs. Talkoot is headquartered in Portland, Oregon, with offices in Hood River. Talkoot is Finnish for “a gathering of friends and neighbors to accomplish a task.”