The below resources refer to investor monthly updates, which go into more detail than the monthly you might share with a wider group of folks such as non-investing VCs.
Recommended reading: https://avichal.com/2016/10/25/investor-updates/
Body of email:
Hello,
July was our third profitable month (fourth since December!). The entire team has been working very hard on achieving this great result.
We've closed almost $88k in Inside Sales revenue (most notably – expansion of Panasonic and Check24) and kept the churn at a solid level. At the same time our NPS score grew to 31 points and, more importantly, we've reached the mean Score of 7.9. NPS may not be a perfect measure of satisfaction, but it's still good see that over 50% of users considers UXPin to provide 8 – 10 point experience.
We're working hard on rolling out crucial product updates:
We're about to address the biggest concerns coming from inside sales prospects and at the same time we're about to bring to the market a revolutionary innovation. Exciting times at UXPin!
On top of that we're expanding our marketing programs. In July we've turned part of our office into a community center focused on promoting design – engineering collaboration. On July 30th we've hosted our first event and the room was absolutely full! We had a great panel discussion with folks from Shopify, Udacity, Frog Design and Twitch.
The next event is coming up at the end of August!
Many crucial initiatives are starting to align very well at COMPANY. The rest of the year is all about finishing what we've started and setting us up for the long term success!
Deck with details of our performance, as always, attached to this message.
Best,
CEO
Deck attached:
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