Stratify’s Hockey Stick
It’s always really exciting when a portfolio company hits its inflection point and has a year of extreme growth. All venture backed companies always predict their growth will follow a “hockey stick curve”, e.g.
This of course is the exception, not the norm, for the vast majority of startups. Stratify had its hockey stick in 2005 – by the end of the year we’d had over 400% growth off of a multi-million dollar base revenue from 2004. While it’s easy to sit back and be delighted (or even a little stunned), there is no end in sight, which is a tribute to Ramana Venkata and his awesome team.
Stratify released v6.0 of their Legal Discovery Service this week. If you are a corporate litigator or a company involved in litigation of any sort, you should explore working with Stratify. Their hockey stick is not an accident – the software (and the company) they’ve created is extraordinary.