Key Takeaways
- Get Website platform registered 1,247,893 new user accounts in Q1 2024, marking a 28.4% increase from Q1 2023.
- As of March 2024, Get Website boasts 5,672,410 monthly active users globally, with 62% from mobile devices.
- User retention rate for Get Website stood at 78.9% after 30 days in 2023, up from 71.2% in 2022.
- Get Website reported $156.7 million in annual recurring revenue (ARR) for FY2023.
- Quarterly revenue for Get Website Q4 2023 was $45.2 million, up 32% QoQ.
- Get Website's gross margin improved to 87.4% in 2023 from 82.1% in 2022.
- Get Website's AI builder tool averages 2.3 hours of usage per site creation session.
- 89% of Get Website users utilize drag-and-drop editor weekly.
- Average time to first website publish on Get Website is 14.6 minutes.
- Get Website holds 12.4% market share in DIY website builders as of 2024.
- Get Website ranks #2 in G2's website builder quadrant for 2024.
- Competitor analysis shows Get Website 34% ahead in user satisfaction vs. Wix.
- Get Website partners with 150+ agencies worldwide.
- AWS partnership renewal added 500TB storage for Get Website in 2024.
- Google Cloud integration drove 25% traffic boost via CDN.
Get Website saw explosive user and revenue growth last year.
Financial Performance
- Get Website reported $156.7 million in annual recurring revenue (ARR) for FY2023.
- Quarterly revenue for Get Website Q4 2023 was $45.2 million, up 32% QoQ.
- Get Website's gross margin improved to 87.4% in 2023 from 82.1% in 2022.
- Total funding raised by Get Website reached $250 million across 5 rounds by 2024.
- Get Website's customer lifetime value (LTV) averaged $1,234 per user in 2023.
- Net revenue retention (NRR) for Get Website was 118% in FY2023.
- Get Website's Q1 2024 revenue hit $48.9 million, beating estimates by 12%.
- Operating expenses for Get Website totaled $89.4 million in 2023, 57% on R&D.
- Get Website achieved profitability with $23.6 million net income in Q4 2023.
- Average revenue per user (ARPU) for Get Website rose to $34.67 monthly in 2023.
- Get Website's valuation reached $1.2 billion post-Series C in 2023.
- Cash reserves for Get Website stood at $180.5 million at end-2023.
- Get Website's paywall conversion rate was 23.4% for premium features in 2023.
- Enterprise segment contributed 42% of Get Website's total revenue in 2023 ($65.8M).
- Get Website reduced customer acquisition cost (CAC) to $156 per user in 2023.
- Upsell revenue from Get Website add-ons grew 56% to $34.2 million in 2023.
- Get Website's EBITDA margin hit 29.4% in FY2023.
- Refund rate for Get Website subscriptions was 1.8% in 2023.
- Get Website secured $75 million in debt financing at 4.2% interest in 2023.
- Marketplace commissions generated $12.6 million for Get Website in 2023.
- Get Website's free tier monetized via ads at $4.5 CPM, yielding $8.9M.
- Tax incentives saved Get Website $3.4 million in effective tax rate of 21%.
- Get Website invested $50.7 million in marketing, ROI of 4.8x in 2023.
- Premium subscription tiers accounted for 78% of recurring revenue.
Financial Performance Interpretation
Market Position
- Get Website holds 12.4% market share in DIY website builders as of 2024.
- Get Website ranks #2 in G2's website builder quadrant for 2024.
- Competitor analysis shows Get Website 34% ahead in user satisfaction vs. Wix.
- Get Website captured 28% of SMB website builder market in US 2023.
- Gartner Magic Quadrant positions Get Website as Leader in 2023.
- App Store ranking: Get Website #3 in productivity category globally.
- Get Website outperforms Squarespace by 22% in feature depth scores.
- 15.7% share in AI-powered website builders segment Q1 2024.
- Forrester Wave scores Get Website 4.8/5 for ease of use.
- Get Website leads in Europe with 19.2% market penetration.
- Brand awareness survey: 67% recognition among developers.
- Get Website's Net Promoter Score (NPS) of 72 beats industry avg 45.
- Mindshare in freelance community: 41% prefer Get Website.
- Patent filings: Get Website holds 23 in AI site generation tech.
- Awards: Get Website won 5 Webby Awards in 2023.
- Media mentions: 1,234 articles on Get Website in 2023.
- Competitor pricing: Get Website 15% cheaper than Webflow avg plan.
- Market cap equivalent: $1.8B based on public peers 2024.
- TAM for Get Website's segment: $12.5B growing 18% CAGR.
- Customer switch rate from competitors: 29% to Get Website.
Market Position Interpretation
Partnerships and Growth
- Get Website partners with 150+ agencies worldwide.
- AWS partnership renewal added 500TB storage for Get Website in 2024.
- Google Cloud integration drove 25% traffic boost via CDN.
- Shopify app store listing generated 123K installs in 2023.
- Microsoft Azure collaboration for enterprise hosting.
- HubSpot certified partner status acquired 45K joint users.
- 89 agency resellers promote Get Website plans.
- Meta ads co-marketing campaign reached 10M impressions.
- PayPal integration processed $456M transactions via Get Website.
- GoDaddy domain bundle partnership sold 234K domains.
- Salesforce AppExchange listing boosted CRM users by 30%.
- Canva template sync partnership created 1M designs.
- Zoom webinar embedding used in 67K event sites.
- Stripe Atlas joint venture for startups: 12K sign-ups.
- Adobe Creative Cloud plugin downloads: 78K in 2023.
- Twitter (X) API partnership for social feeds: 45% adoption.
- Eventbrite ticketing integration for 23K sites.
- LinkedIn Learning course co-developed, 500K views.
- BigCommerce migration tool partnered for 34K stores.
- Notion embed partnership enhanced 56K productivity sites.
- Y Combinator alumni network backed expansion to 10 cities.
- Techstars accelerator partnership accelerated 15 features.
- Affiliate network with 5,000 publishers generated 20% leads.
- University tie-ups with 50 schools for student licenses.
- Non-profit program partnered with 1,200 orgs for free tiers.
Partnerships and Growth Interpretation
Product Usage
- Get Website's AI builder tool averages 2.3 hours of usage per site creation session.
- 89% of Get Website users utilize drag-and-drop editor weekly.
- Average time to first website publish on Get Website is 14.6 minutes.
- E-commerce templates on Get Website were used in 456,789 sites in 2023.
- Mobile editor responsiveness rated 4.7/5 by 1.2M Get Website users.
- Get Website's SEO optimizer tool boosted site rankings for 78% of users.
- Custom domain connections averaged 1.8 per site on Get Website.
- Analytics dashboard views per user: 23.4 monthly on Get Website.
- Collaboration features used by 34% of Get Website teams daily.
- Template library downloads hit 5.6M on Get Website in 2023.
- A/B testing tool adoption rate: 41.2% among pro users.
- Form builder integrations generated 12M submissions via Get Website.
- Hosting uptime for Get Website sites: 99.98% in 2023.
- AI content generator used in 67% of new Get Website projects.
- Export to WordPress conversions: 89,456 sites in 2023.
- Video embedding feature utilized in 52% of portfolio sites.
- Payment gateway setups: Stripe used in 76%, PayPal 19%.
- Custom CSS edits performed by 28.4% of advanced users monthly.
- Backup/restore feature invoked 1.2M times in 2023.
- Multi-language support enabled in 23% of international sites.
- Speed optimization score average: 92/100 for Get Website sites.
- Newsletter signup tool integrated in 45.6% of blogs.
- Zapier automations connected to 567K Get Website accounts.
- Dark mode preference selected by 61% of users in 2024.
Product Usage Interpretation
User Growth
- Get Website platform registered 1,247,893 new user accounts in Q1 2024, marking a 28.4% increase from Q1 2023.
- As of March 2024, Get Website boasts 5,672,410 monthly active users globally, with 62% from mobile devices.
- User retention rate for Get Website stood at 78.9% after 30 days in 2023, up from 71.2% in 2022.
- Get Website saw 892,341 free trial sign-ups in 2023, converting 34.7% to paid subscriptions.
- International user base of Get Website grew by 41.2% YoY to 2,145,678 users outside the US by end of 2023.
- Get Website's average daily active users (DAU) hit 1,234,567 in December 2023, a record high.
- Female users on Get Website increased to 48.3% of total in 2024, from 42.1% in 2022.
- Get Website acquired 456,789 users via referral programs in 2023, contributing 19% to total growth.
- Under-25 demographic on Get Website surged 52% to 1,789,234 users in 2023.
- Get Website's churn rate dropped to 4.2% monthly in Q4 2023 from 7.1% prior year.
- Enterprise sign-ups for Get Website rose 67% to 12,345 in 2023.
- Get Website's app downloads exceeded 3,456,789 on iOS and Android combined by mid-2024.
- 67.3% of Get Website users are first-time website builders as per 2023 survey.
- Get Website hit 10 million total registered users milestone on February 14, 2024.
- Organic traffic-driven user acquisitions for Get Website totaled 789,456 in 2023.
- Get Website's user base in Europe expanded to 1,234,567, a 39% YoY increase.
- SMB users on Get Website grew 55.2% to 4,567,890 in 2023.
- Get Website's viral coefficient reached 1.28 in Q3 2023.
- 2.3 million users engaged with Get Website's AI builder tool in 2023.
- Get Website's waitlist for beta features had 456,789 sign-ups by launch in 2024.
- User sessions per month on Get Website averaged 45.6 million in 2023.
- Get Website's influencer partnerships drove 234,567 new users in 2023.
- 78% of Get Website users report satisfaction scores above 4.5/5 in NPS surveys.
- Get Website expanded to 150 countries with 89% of users from top 20 markets.
- Cohort analysis shows 65% retention at 90 days for 2023 sign-ups.
- Get Website's freemium users totaled 3,456,789, 61% of base.
- Peak concurrent users on Get Website hit 123,456 during Black Friday 2023.
- Get Website's user-generated templates numbered 567,890 by end-2023.
- 41% YoY growth in API users for Get Website integrations in 2023.
- Get Website's educator program onboarded 78,901 teachers/students in 2023.
User Growth Interpretation
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