Cross-company comparison tables. Confidence notation: (C) confirmed from primary sources · (E) estimated/inferred · (S) Sacra/secondary analyst

Table 1: Revenue and Valuation Trajectory

Founding timeline, ARR milestones, valuation, and time-to-scale metrics.

Company Founded Commercial Launch Last Known ARR ARR Date Valuation Round Time to $10M ARR Time to $100M ARR
Sierra Early 2024 Feb 2024 $165M (C) Mar 2026 ~$4B+ (E) Series C+ ~6 months ~12 months (C)
Harvey Jun 2022 Late 2022 $195M (C) Dec 2025 $11B (C) Series G ~12 months ~30–36 months
Decagon Early 2023 Mid 2023 $50M (C/S) Late 2024 $4.5B (C) Jan 2026 round ~6 months ~15 months
Abridge 2018 2021–22 $100M+ (C) May 2025 $5.3B (C) Series E ~18 months ~30 months
Glean 2019 ~2022 $200M (C) Dec 2025 $7.5B (C) Series F ~24 months ~36 months
Gong 2015 2016 $332M (C) 2024 ~$7.25B (C) Late stage ~24–30 months ~72 months
Writer 2020 2021 ~$220M (E) 2025 $1.9B (C) Series C ~18 months ~42 months
Hebbia 2020 2022 ~$30M (E) End 2024 $700M (C) Series B ~18–24 months Not yet
Moveworks 2016 2019 $100M+ (C) 2025 (acquired) $2.85B (C) Acquisition ~24–36 months ~84 months
Deel 2019 2019 $1B+ (C) Q1 2025 $17.3B (C) Series E ~12 months ~20 months (C)
Listen Labs ~2022–23 2023–24 ~$10–25M (E) Early 2026 Series B ($69M raised) Series B ~12–18 months Unknown
Wiz 2020 2021 $500M+ (C) 2025 ~$32B (offer) Late stage ~12 months ~24 months
Ramp 2019 2020 $500M+ (C) 2025 ~$13B (C) Series D ~18 months ~30 months
Incident.io 2020 2021 ~$30–50M (E) 2025 ~$500M+ (E) Series B+ ~24 months Not yet
Legora May 2023 Early 2024 ~$23M+ (C) Sep 2025 $5.55B (C) Series D ~18 months (E) 18 months from founding (C, Bessemer)
Intercom/Fin 2011 (Intercom) 2024 (Fin) Rapid ramp (Fin) 2025 Late/public equivalent Leveraged installed base <12 months (Fin)

Table 2: Commercial Structure

Pricing model, ACV anchoring, gross margin, and payback periods.

Company Primary Pricing Unit ACV Range ACV Anchor/Comparison Multi-Year Standard Gross Margin (E) Payback Period (E)
Sierra Per resolved interaction $400K–$800K median; F20 $3M–$10M+ $13/interaction human cost vs <$1 AI 50–70% 6–12 months
Harvey Per lawyer/month ($1,200/mo) $288K–$1M+; enterprise $500K–$1M Big Law associate cost ($250–400K/yr) ✓ (12mo min) 70–75% 12–18 months
Decagon Per conversation $250K–$800K median $3.7T US support labor; 3.2x ROI documented ~ 60–75% 6–12 months
Abridge Per clinician/month (~$208/mo enterprise) $5M–$50M+ (health system scale) 15% of physician payroll (documentation overhead) 85%+ <6 months
Glean Usage + seat hybrid $60K pilot → $300–500K+ (enterprise) Forrester: $15.6M NPV 3yr ~ 50–70% <6 months
Gong Platform fee + seat ($1,600/user/yr) $86.5K median ACV Revenue performance gap ~ 70%+ 12 months
Writer Seat/tier $200K–$1M+ Content production cost; Palmyra 3–4x cheaper than GPT-4.1 ~ 60%+ 12–18 months
Hebbia Per seat (Professional $10K/yr; Lite $3–3.5K/yr) $500K avg (2024) Bloomberg Terminal ($10K/seat); junior analyst cost ($100–150K) 70–80% 12–18 months
Moveworks Per employee/year ($40–120/emp) $200K–$2M+ Forrester: 256% ROI, $11.5M benefit ✓ (2–3yr standard) 60–70% <12 months
Deel Per employee tier (contractor $49/mo → EOR $599/mo) $245/mo → $22.8K/mo per customer Global payroll/compliance infrastructure cost ($50–200K+ per country entity) ~ 85%+ <6 months
Listen Labs Per study / annual subscription $50K–$500K (E) Agency research cost ($50–150K/study, 6–12 weeks) ~ 70%+ (E) 6–12 months
Wiz Per cloud workload / subscription Large enterprise: $500K–$5M+ (E) Security incident cost; compliance cost 70%+ 12 months
Ramp Seat + usage (transaction-based) $100K–$1M+ Finance team labor cost; manual reconciliation ~ 70%+ <12 months
Legora Per lawyer seat (per-seat; plans to shift to consumption) $50K–$1M+ (E); $7M single-day closing implies $1–3M ACVs for global firms Lawyer salary ($200–400K/yr); billable hour recovery Unknown Unknown

Table 4: Retention and Expansion

Gross retention, NRR, primary expansion mechanism, and expansion triggers.

Company Gross Retention (E) NRR / NDR Primary Expansion Mechanism Expansion Trigger
Sierra ~95%+ >120% Channel expansion (voice, proactive agents), higher containment at scale Containment rate + volume growth
Harvey ~98% (C) >130% (E) Seat expansion (more lawyers) + new practice areas + Vault workflows Lawyer headcount + case types
Decagon ~90%+ (E) ~120%+ (E) Use case expansion (voice, proactive), account growth Support ticket volume growth + new channel requests
Abridge ~95%+ (E) High (E) Department expansion (scribe → voice → revenue cycle), health system scale Provider adoption metrics; EHR rollout breadth
Glean ~90%+ (E) 140–170% (E) Department → org-wide expansion; Agents add-on 40% DAU/MAU + 5 queries/day benchmark
Gong ~85–90% (E) ~140% peak; stalled 2023 (C) Seat expansion as sales team grows; Forecast + Engage upsell Headcount growth; deal count growth
Writer ~85–90% (E) 209% early → ~160% normalized (C) Solution map expansion to adjacent verticals/use cases Champion identifies new department needs
Hebbia ~90%+ (E) >200% (E) Professional → Lite seat expansion; new client team expansion Deal/portfolio growth at PE fund
Moveworks ~90%+ (C) 115–130% (E) IT → HR, Finance, Facilities Department-by-department rollout post IT proof
Deel ~90%+ (E) 120%+ (C) EOR, HR, Payroll stack expansion; headcount growth (automatic) Customer company headcount growth
Wiz ~90%+ (E) High (E) Cloud workload growth (automatic); product line expansion Cloud environment expansion
Ramp ~90%+ (E) High (E) Spend volume growth; product expansion (bill pay, accounting) Company transaction volume growth
Legora >90% (E — no-sell discipline explicitly designed to prevent churn) >130% (E — 'six quarters of doubling' trajectory) Portal expansion within accounts; geographic expansion (Nordic → EU → US) Practice area expansion + associate seat growth + geographic office rollout