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The Tough Side of Being Venture Backed: ActOn Sells for $53m After 17 Years … And Raising ~$53m+

SaaStr LogoSaaStr2d ago

The Tough Side of Being Venture Backed:  ActOn Sells for $53m After 17 Years …  And Raising ~$53m+ - SaaStr

Quick Summary:

Founded 2008 * Raises ~$53m in VC* Sells 17 years later for $53m* Only $20m of that cash * 2x ARR price* 1x What Raised Just plain tough.

"Marketing automation vendor Act-On acquired for $53 million” — Jason ✨👾SaaStr 2025 is May 13-15✨ Lemkin (@jasonlk) January 25, 2025 So a lot of folks somehow...

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Article Details

Author / Journalist: Jason Lemkin

Category: StartupsTechnology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-25 @ 21:10:44 (2 days ago)

News Timezone: GMT +8:00

News Source URL: saastr.com

Language: English

Article Length: 380 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SaaStr

News ID: 25435972

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About SaaStr

SaaStr Logo

Main Topics: StartupsTechnology

Official Website: saastr.com

Update Frequency: 2 posts per day

Year Established: 2012

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #98

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The story "The Tough Side of Being Venture Backed: ActOn Sells for $53m After 17 Years … And Raising ~$53m+" was covered 2 days ago by SaaStr, a news publisher based in United States.

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The outlet is headquartered in United States and publishes an average of 2 news stories per day.

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  • URL: https://beamstart.com/news/the-tough-side-of-being-17378397169352

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