Financial Performance - Revenue grew by 14% year-over-year, reaching $211 million in Q1 2025, compared to $185 million in Q1 2024[13] - Net Dollar Retention (NDR) rate increased to 100% in Q1 2025, a 300 bps increase from 97% in Q1 2024[13] - Average Revenue Per User (ARPU) increased by 14% to $108.56 in Q1 2025, up from $95.13 in Q1 2024[13] - The company is maintaining its full-year revenue outlook for 2025 at $870-$890 million, representing a growth of 11.5%-14%[26] - Adjusted EBITDA margin is projected to be between 37% and 40% for FY 2025[26] Customer Traction - Revenue from customers spending over $100K+ annually grew by 41% year-over-year, contributing to 23% of total revenue[10] - Higher Spend Customers (Builders, Scalers, and Scalers+) increased to 170700 in Q1 2025[45] Product Development - The company released five times more product features in Q1 2025 compared to Q1 2024[10] - AI ARR grew over 160% year-over-year[10] Strategic Initiatives - The company announced an $800 million credit facility to refinance existing 2026 convertible notes, including a $500 million Term Loan A and a $300 million revolver[25] - The company is targeting 18-20% revenue growth and mid-teens adjusted Free Cash Flow (aFCF) margins by 2027[8]