ARR
€2.9m
+6.7% MoM · +222.2% since Nov 25
Eval harness for product teams shipping agents into real workflows.
3.50x
ARR
€2.9m
+6.7% MoM · +222.2% since Nov 25
Net burn
€360k / mo
Implied cash €7.2m
Runway
20 mo
Outside the nine-month line
People
24
NRR 141% · GM 84%
info
Fastest retention in the book. The founder is about to hire a VP Sales. That hire will set the round story more than the model will.
Suggested action. Take the founder through a dry-run deck in November. Offer two customer references from the Lumenstack and Halcyon teams.
€m, monthly
€m per month
Monitoring note
Arcline is what the eval category looks like when a team sells to builders instead of to a committee. Usage is habitual. The company is still small enough that one bad sales hire changes the slope. Stay close to that search.