Pro Weekly: The Numbers Behind This Year’s Most Promising Startups
The technology world often fixates on how much venture capital startups raise. But perhaps more interesting are the companies that generate meaningful revenue without raising any venture capital at all.
Tezza, a 12-person startup running a video- and photo-editing business, is one such company. It is generating $37 million in annual recurring revenue without having raised venture funding. Its platform has amassed 2.5 million users every month, and even Kim Kardashian has used it. And it is one of The Information’s 50 Most Promising Startups, which we published on Thursday.