Investor Reporting

Quarterly updates, KPI tracking, and transparent investor communications

mrr

£125K

+18%vs last quarter

arr

£1.5M

+22%vs last quarter

customers

847

+45vs last quarter

churn

2.1%

-0.3%vs last quarter

burnRate

£135K

+5%vs last quarter

runway

18 months

-2vs last quarter

Q1 2024 Performance

Revenue Target£385K / £350K
Customer Acquisition45 / 40
Product Development78% complete
Team Growth12 / 15

Key Highlights

Achieved £1.5M ARR milestone

3 new LA contracts signed

94.2% AI accuracy maintained

Expanded to 5 new regions

Platform v2.5 launched successfully

Challenges & Actions

LA Sales Cycle

Longer than expected sales cycles with local authorities

Action: Hired dedicated public sector sales lead

Technical Scaling

Infrastructure needs upgrading for growth

Action: Migrating to AWS, Q2 completion

Q2 2024 Focus Areas

Complete Series A funding round (£5-10M target)

Launch platform v3.0 with enhanced AI features

Sign 5 additional LA contracts

Expand team to 20 employees

Begin international market research