Zoho Corporation has announced that it is serving 100 million users across its 55+ business applications.
Zoho is the first bootstrapped SaaS company to reach this milestone. This growth comes on the heels of the company reaching USD 1 billion in annual revenue last year.
Consistently providing accessible technology while promoting sustainable growth, Zoho has steadily increased its traction from 1 million users in 2008 to 100 million 15 years later —with the last 50 million users added within the past five years.
Zoho has grown steadily and responsibly, without ever taking external funding. This allows the company to preserve its long-term vision and culture without outside pressure or influence. It’s also what keeps the company centered on its values, such as debt-free growth and serving customers closer to where they are—a product of the company’s transnational localism efforts.
“I want to thank all of our customers for trusting us with their business and helping us reach 100 million users worldwide,” said Sridhar Vembu, Co-founder and CEO of Zoho Corp.
“This is an impressive milestone for any organisation, but it’s particularly sweet for us as a bootstrapped company that has never raised external capital. And we are not done yet. We have an impressive innovation pipeline covering the next 10 years, investing in deep technologies to serve billions of users around the world. We’re working towards it, and we want to thank all of you for your continued support.”