Clearwater Analytics Holdings Inc at JPMorgan Global Technology, Media & Communications Conference Transcript

May 24, 2022 / 06:50PM GMT
Maya Rae Kilcullen - JPMorgan Chase & Co, Research Division - Research Analyst

Good afternoon, everyone. Thank you for joining us. My name is Maya Kilcullen. I work here on the software team at JPMorgan. And today, I am joined by Clearwater CEO Sandeep Sahai. Sandeep, could you take a few minutes to introduce yourself?

Sandeep Sahai - Clearwater Analytics Holdings, Inc. - CEO & Director

I thought usually a good idea giving me that much time to introduce myself but okay. Now quickly, I'm Sandeep Sahai. I'm based in Washington D.C. I've been CEO of the company for about 4 years. And in the audience, we've got Mr. Cox, Jim Cox here. He's the CFO based in San Francisco.

So just looking at the audience, quickly about our company. Just in terms of size, it's about ARR of about $287 million at the end of Q1. The company has grown at about 25% organically compounded for the last 5 years. And in that time frame, we've also generated between 25% and 30% adjusted EBITDA each year. So it's been a nice growth story.

The foundation of that is a 98%

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