Remotely Works: 400 developers, $37M in annualized revenue
Bringing transparency to a rapidly changing software industry.
Last September, we published that we had reached 300 developers placed with a job in the US and $25M of recurring gross revenue / $4.5M in net ARR for Remotely. We are overdue for an update since we have reached 400 developers and $37M in recurring gross revenue / $6M in net ARR.
We continue to find ways to deliver great service and promote much-needed transparency in the staff augmentation industry. Last month, we launched our new positioning and brand to clarify what our prospect customers should expect from us. Read why we have decided to leave money on the table.
The results speak for themselves; several large software companies are ditching their traditional staff augmentation partners and embracing our model that aligns incentives and delivers better engineering results. Feel free to read our latest customer case study.
The world of software is changing fast. We're hitting all-time highs in monthly offers signed, and we're doing more, faster, and better with every iteration of our process. It's never been a better time to be an entrepreneur than now. The operating leverage AI delivers to you and your team is mind-boggling, and it is no surprise our customers are hiring more to crank up the gears.