PagerDuty - Bessemer Venture Partners

Following PagerDuty CEO Alex Solomon’s presentation to the partnership on June 16th, we signed a term sheet to lead the company’s Series B with an investment of $19.6m out of a $27.2m round at a $180m pre-money valuation (14x June ARR) with a 5% unallocated option pool.

Jump around PagerDuty Memo Original Summary Topline Metrics Customers & Users Go-to-market: Land and Expand Sales Execution Product Team Competition Financials Deal Outcomes Analysis Conclusion Appendix: MRR Expansion by Cohorts Share Subscribe Email (required): Do not fill in (spam control): THE MEMOS PagerDuty To: BVP Group From: Trevor Oelschig, Ethan Kurzweil Date: July 21, 2014 Re: PagerDuty Series B IR Following PagerDuty CEO Alex Solomon’s presentation to the partnership on June 16th, we signed a term sheet to lead the company’s Series B with an investment of $19.6m out of a $27.2m roun

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