Today we issued a press release to recap our 2023 company milestones and growth. M-Files grew its annual recurring revenue (ARR) in 2023 by more than 20 percent, driven by a 64 percent increase in new customer acquisitions via direct sales, a 41 percent jump in existing customer expansions, and rising interest in the M-Files Hubshare collaboration solution. The company's exemplary year-end results closed out a milestone year as M-Files reached the distinguished Centaur status with over $100M in annual recurring revenue (ARR) in May.
Read the full press release here: M-Files Leverages Automation and AI to Revolutionize the Workplace in 2023