{
  "as_of": "2026-03-31",
  "currency": "USD",
  "stage": "Series B",
  "total_raised_m": 42.1,
  "rounds": [
    { "round": "Pre-seed", "date": "2019-06", "amount_m": 0.75, "lead": "Bloomberg Beta" },
    { "round": "Seed", "date": "2020-09", "amount_m": 3.1, "lead": "Bedrock" },
    { "round": "Series A", "date": "2021-11", "amount_m": 13.0, "lead": "Founders Fund", "post_money_m": 78 },
    { "round": "Series B", "date": "2024-09", "amount_m": 26.0, "lead": "Index Ventures", "post_money_m": 240 }
  ],
  "arr": {
    "current_m": 28.4,
    "trailing": [
      { "quarter": "2024-Q1", "arr_m": 11.2 },
      { "quarter": "2024-Q2", "arr_m": 13.1 },
      { "quarter": "2024-Q3", "arr_m": 15.8 },
      { "quarter": "2024-Q4", "arr_m": 18.6 },
      { "quarter": "2025-Q1", "arr_m": 20.9 },
      { "quarter": "2025-Q2", "arr_m": 22.7 },
      { "quarter": "2025-Q3", "arr_m": 24.8 },
      { "quarter": "2025-Q4", "arr_m": 26.5 },
      { "quarter": "2026-Q1", "arr_m": 28.4 }
    ],
    "yoy_growth_pct": 118
  },
  "customers": {
    "total_venues": 412,
    "logos": 187,
    "by_segment": {
      "stadiums_arenas": 41,
      "festivals_live_events": 28,
      "hospitality": 214,
      "nightlife": 89,
      "corporate_campuses": 40
    },
    "geo": { "north_america": 304, "emea": 88, "latam": 14, "apac": 6 }
  },
  "unit_economics": {
    "acv_median_usd": 68000,
    "acv_enterprise_usd": 312000,
    "cac_payback_months": 14,
    "gross_margin_pct": 78,
    "net_revenue_retention_pct": 131,
    "gross_revenue_retention_pct": 94,
    "magic_number": 1.2
  },
  "burn": {
    "monthly_net_burn_m": 1.4,
    "cash_on_hand_m": 24.6,
    "runway_months": 18,
    "default_alive_target": "2026-Q4"
  },
  "headcount": {
    "total": 184,
    "by_function": {
      "engineering": 64,
      "product": 12,
      "threat_intel": 9,
      "sales": 38,
      "marketing": 11,
      "partnerships": 4,
      "customer_success": 34,
      "g_and_a": 12
    },
    "plan_eoy_2026": 235
  }
}
