M-Files Reaches Centaur Status with $100M ARR

M-Files Reaches Centaur Status with $100M ARR

M-Files today announced a milestone of $100M in annual recurring revenue (ARR), joining an elite club of private SaaS companies reaching Centaur status.

Centaur status is widely accepted to be an accurate measure of an organization's success, denoting strong product-market fit, a scalable go-to-market strategy, and a growing customer base, according to Bessemer’s 2023 State of the Cloud report.

From M-Files Founder & CEO Antti Nivala: “When I started M-Files back in Finland, our vision was to create a fundamentally new and unique approach to information management. Today, this vision is fully realized, and our Centaur milestone reflects many years of hard work and dedication from M-Files employees and partners around the world.”

You can read our press release here on our website and share the news on LinkedIn