New Relic
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 600m | 668m | 786m | 926m | 998m | 1.2b | 1.4b |
% growth | 25 % | 11 % | 18 % | 18 % | 8 % | 16 % | 23 % |
EBITDA | 8.7m | (76.1m) | (141m) | (108m) | 194m | 248m | 314m |
% EBITDA margin | 1 % | (11 %) | (18 %) | (12 %) | 19 % | 21 % | 22 % |
Profit | (88.9m) | (193m) | (250m) | (180m) | (56.6m) | (5.2m) | 48.7m |
% profit margin | (15 %) | (29 %) | (32 %) | (19 %) | (6 %) | - | 3 % |
EV / revenue | 3.9x | 5.3x | 5.2x | 5.2x | 5.6x | 4.7x | 3.6x |
EV / EBITDA | 272.4x | -46.1x | -29.0x | -44.7x | 28.9x | 21.9x | 16.3x |
R&D budget | 148m | 175m | 212m | 275m | - | - | - |
R&D % of revenue | 25 % | 26 % | 27 % | 30 % | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
$3.5m | Series A | ||
$6.0m | Series B | ||
$10.0m | Series C | ||
$15.0m | Late VC | ||
$80.0m | Late VC | ||
$100m | Growth Equity VC | ||
N/A | $115m Valuation: $1.4b | IPO | |
N/A | Post IPO Equity | ||
N/A | - | ||
* | $6.5b Valuation: $6.5b 8.3x EV/LTM Revenues -46.2x EV/LTM EBITDA | Buyout | |
Total Funding | CAD293m |
Recent News about New Relic
EditNew Relic, accessible at newrelic.com, is a prominent player in the field of observability and application performance monitoring (APM). The company provides a comprehensive platform that helps businesses monitor and manage their entire technology stack, from front-end user interfaces to back-end infrastructure. This includes tracking and analyzing metrics, logs, and traces to ensure optimal performance and quick issue resolution.
New Relic serves a diverse clientele ranging from small startups to large enterprises across various industries. Its primary market includes companies that rely heavily on digital services and applications, such as e-commerce, finance, healthcare, and technology sectors. These clients use New Relic's tools to gain insights into their software performance, improve user experiences, and maintain robust security measures.
The business operates on a subscription-based model, offering various pricing tiers based on the level of service and features required by the client. This model ensures a steady revenue stream as customers pay for ongoing access to New Relic's platform and its extensive capabilities. The company also offers a free tier to attract new users and encourage them to upgrade to paid plans as their needs grow.
New Relic makes money by providing value through its unified data platform, which integrates over 700 different tools and services. This platform leverages artificial intelligence (AI) to enhance observability, allowing clients to monitor everything from infrastructure vulnerabilities to mobile app performance. By consolidating monitoring tools and offering a single, cohesive solution, New Relic helps businesses streamline operations and reduce costs.
In summary, New Relic is a leader in the observability market, offering a unified platform that integrates a wide range of monitoring tools to help businesses optimize their digital services. Its subscription-based business model and extensive integration capabilities make it a valuable partner for companies looking to enhance their technology stack performance.
Keywords: observability, APM, digital services, infrastructure, metrics, logs, traces, AI, integration, subscription.