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Docusign Announces Fourth Quarter and Fiscal Year 2025 Financial Results

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SAN FRANCISCO, March 13, 2025 /PRNewswire/ — Docusign, Inc. (NASDAQ: DOCU) today announced results for its fourth quarter and fiscal year ended January 31, 2025. Prepared remarks and the news release with the financial results will be accessible on Docusign’s website at investor.docusign.com prior to its webcast.

“Fiscal 2025 was a transformative year for Docusign. We launched Docusign IAM, our AI-powered agreement management platform, which is driving rapid traction with customers,” said Allan Thygesen, CEO of Docusign. “In Q4, our business generated strong revenue growth and profitability. We’re well positioned to pursue the significant opportunity ahead.”

Fourth Quarter Financial Highlights

Total revenue was $776.3 million, a 9% year-over-year increase. Subscription revenue was $757.8 million, a 9% year-over-year increase. Professional services and other revenue was $18.5 million, an 11% year-over-year increase.Billings were $923.2 million, an 11% year-over-year increase.GAAP gross margin was 79.4% compared to 79.2% in the same period last year. Non-GAAP gross margin was 82.3% compared to 82.5% in the same period last year.GAAP net income per basic share was $0.41 on 203 million shares outstanding compared to $0.13 on 206 million shares outstanding in the same period last year.GAAP net income per diluted share was $0.39 on 215 million shares outstanding compared to $0.13 on 210 million shares outstanding in the same period last year.Non-GAAP net income per diluted share was $0.86 on 215 million shares outstanding compared to $0.76 on 210 million shares outstanding in the same period last year.Net cash provided by operating activities was $307.9 million compared to $270.7 million in the same period last year.Free cash flow was $279.6 million compared to $248.6 million in the same period last year.Cash, cash equivalents, restricted cash and investments were $1.1 billion at the end of the quarter.Repurchases of common stock were $161.7 million.

Fiscal 2025 Financial Highlights

Total revenue was $2.98 billion, an 8% year-over-year increase. Subscription revenue was $2.90 billion, an 8% year-over-year increase. Professional services and other revenue was $75.4 million, relatively flat when compared to the same period last year.Billings were $3.1 billion, a 7% year-over-year increase.GAAP gross margin was 79.1% compared to 79.3% in the prior year. Non-GAAP gross margin was 82.2% compared to 82.6% in the prior year.GAAP net income per basic share was $5.23 on 204 million shares outstanding compared to $0.36 on 204 million shares outstanding in fiscal 2024.GAAP net income per diluted share was $5.08 on 210 million shares outstanding compared to $0.36 on 209 million shares outstanding in fiscal 2024.Non-GAAP net income per diluted share was $3.55 on 210 million shares outstanding compared to $2.98 on 209 million shares outstanding in fiscal 2024.Repurchases of common stock were $683.5 million compared to $145.5 million in the same period last year.

A reconciliation of GAAP to non-GAAP financial measures has been provided in the tables included in this press release. An explanation of these measures is also included below under the heading “Non-GAAP Financial Measures and Other Key Metrics.”

Key Business Highlights:

Global Expansion of Intelligent Agreement Management (“IAM”) Platform:

Docusign announced the global release of IAM for Sales and IAM Core in December 2024, excluding Japan. As part of the global expansion, Navigator became available to customers in every country where Docusign products are available for sale. Navigator has been localized in all 14 Docusign-supported languages. Navigator AI extractions are built to support agreements in English-language variants, French, and German only.In November 2024, IAM plans were made available for Enterprise customers specific to departmental use cases.Docusign for Developers: Launched in November of 2024, Docusign for Developers enables partners to build integrations on IAM through a suite of performant and secure application programming interfaces (“APIs”) and software development kits (“SDKs”), create extension apps for IAM, and build automated workflows in Maestro.  

Additional IAM launches are categorized into the three steps of the agreement journey, including:

Create:

Docusign + Microsoft Power Automate: Docusign integration with Power Automate allows customers to automate workflows to synchronize agreements, get notifications, and generate personalized agreements.Advanced Web Forms – Document Exclusion Rules and Multi-Recipient Forms: Web Forms streamline data collection and accelerate agreement signing through interactive, mobile-friendly forms that enhance customer experiences. Users can now conditionally display the correct documents within a template based on data collected and support forms with multiple recipients.

Commit:

Identity Wallet for Liveness: Identity Wallet allows customers to easily and securely re-apply stored identity to every agreement. Users can quickly set up Identity Wallet to store their verified identity details while maintaining consistent security.

Manage:

Docusign Navigator Agreement Sets: For contract managers who oversee large volumes of agreements, Navigator agreement sets provide a transformative way for organizations to organize agreements into flexible sets.Party Management in Docusign Navigator: Party Management allows customers to gain a holistic view of their contracts to understand the state of the contractual relationship and obligations by reducing duplicate identification of customers.

Contract Lifecycle Management (“CLM”) Product Releases and Highlights:

AI-Assisted Review for CLM: Docusign AI-Assisted Review for Docusign CLM accelerates contract review, enabling more team members to participate in negotiations without compromising compliance, freeing legal teams to focus on strategic work. This tool, available to U.S. CLM and CLM+ customers, uses generative AI to automate reviews, suggest compliant language, and quickly answer contract-related questions, streamlining the path to signature.

Guidance

The company currently expects the following guidance:

Quarter ending April 30, 2025 (in millions, except percentages):

Total revenue [1]

$745

to

$749

Subscription revenue

$729

to

$733

Billings [2]

$741

to

$751

Non-GAAP gross margin

80.5 %

to

81.5 %

Non-GAAP operating margin

27.0 %

to   

28.0 %

Non-GAAP diluted weighted-average shares outstanding   

210

to

215

Fiscal year ending January 31, 2026 (in millions, except percentages):

Total revenue [1]

$3,129

to   

$3,141

Subscription revenue

$3,062

to

$3,074

Billings [2]

$3,300

to

$3,354

Non-GAAP gross margin

80.5 %

to

81.5 %

Non-GAAP operating margin

27.8 %

to

28.8 %

Non-GAAP diluted weighted-average shares outstanding

210

to

215

[1] Excluding the impact of foreign currency exchange rates on year-over-year guided growth, revenue guidance range would be approximately 0.7% point higher for both the quarter ending April 30, 2025 and the fiscal year ending January 31, 2026.

[2] Excluding the impact of foreign currency exchange rates on year-over-year guided growth, billings guidance range would be approximately 1.0% point higher for both the quarter ending April 30, 2025 and the fiscal year ending January 31, 2026.

A reconciliation of non-GAAP guidance measures to corresponding GAAP guidance measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty regarding, and the potential variability of, expenses that may be incurred in the future. Stock-based compensation-related charges, including employer payroll tax-related items on employee stock transactions, are impacted by many factors, including the timing of employee stock transactions, the future fair market value of our common stock, and our future hiring and retention needs, all of which are difficult to predict and subject to constant change. We have provided a reconciliation of GAAP to non-GAAP financial measures in the financial statement tables for our historical non-GAAP financial results included in this release.

Webcast Conference Call Information

The company will host a conference call on March 13, 2025 at 2:00 p.m. PT (5:00 p.m. ET) to discuss its financial results. A live webcast of the event will be available on the Docusign Investor Relations website at investor.docusign.com. Prepared remarks and the news release with the financial results will also be accessible on Docusign’s website prior to the webcast. A live dial-in will be available domestically at 877-407-0784 or internationally at 201-689-8560. A replay will be available domestically at 844-512-2921 or internationally at 412-317-6671 until midnight (ET) March 27, 2025, using the passcode 13751751.

About Docusign

Docusign brings agreements to life. Nearly 1.7 million customers and more than a billion people in over 180 countries use Docusign solutions to accelerate the process of doing business and simplify people’s lives. With intelligent agreement management, Docusign unleashes business critical data that is trapped inside of documents. Until now, these were disconnected from business systems of record, costing businesses time, money, and opportunity. Using Docusign’s IAM platform, companies can create, commit, and manage agreements with solutions created by the #1 company in e-signature and CLM. Learn more at www.docusign.com.

Copyright 2025. Docusign, Inc. is the owner of DOCUSIGN® and all its other marks (www.docusign.com/IP).

Investor Relations:
Docusign Investor Relations
investors@docusign.com

Media Relations:
Docusign Corporate Communications
media@docusign.com

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are based on our management’s beliefs and assumptions and on information currently available to management, and which statements involve substantial risk and uncertainties. All statements contained in this press release other than statements of historical fact, including statements regarding our future operating results and financial position, our business strategy and plans, market growth and trends, objectives for future operations, and the impact of such assumptions on our financial condition and results of operations are forward-looking statements. Forward-looking statements in this press release also include, among other things, statements under “Guidance” above and any other statements about expected financial metrics, such as revenue, billings, non-GAAP gross margin, non-GAAP operating margin, non-GAAP diluted weighted-average shares outstanding, and non-financial metrics, as well as statements related to our expectations regarding the benefits, rollout and customer demand of the Docusign IAM platform. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” or “continue” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions.

Forward-looking statements contained in this press release include, but are not limited to, statements about: our expectations regarding global macro-economic conditions, including the effects of inflation, volatile interest rates or foreign exchange rates, and market volatility on the global economy; our inability to accurately estimate our market opportunity; our ability to compete effectively in an evolving and competitive market; the impact of any interruptions or delays in performance of our technical infrastructure, or data breaches, cyberattacks or other fraudulent or malicious activity attempting to exploit our technology systems, platform or brand name; our ability to effectively sustain and manage our growth and future expenses and maintain or increase  profitability; our ability to attract new customers and retain and expand our existing customer base, including our ability to attract large organizations as users; our ability to scale and update our platform to respond to customers’ needs and rapid technological change, including our ability to successfully incorporate generative artificial intelligence into our existing and future products and to successfully deploy them; our ability to successfully develop, launch and sell Intelligent Agreement Management (“IAM”) solutions; our ability to expand use cases within existing customers and vertical solutions; our ability to expand our operations and increase adoption of our platform internationally; our ability to strengthen and foster our relationships with developers; our ability to retain our direct sales force, customer success team and strategic partnerships around the world; our ability to identify targets for and execute potential acquisitions and to successfully integrate and realize the anticipated benefits of such acquisitions; our ability to maintain, protect and enhance our brand; the sufficiency of our cash, cash equivalents and capital resources to satisfy our liquidity needs; limitations on us due to obligations we have under our credit facility; our ability to realize the anticipated benefits of our stock repurchase program; our failure or the failure of our software to comply with applicable industry standards, laws and regulations; our ability to maintain, protect and enhance our intellectual property; our ability to successfully defend litigation against us; our ability to maintain our corporate culture; our ability to offer high-quality customer support; our ability to hire, retain and motivate qualified personnel, including executive level management; our ability to successfully manage and integrate executive management transitions; uncertainties regarding the impact of general economic and market conditions, including as a result of geopolitical conflict or changes in trade policy; and our ability to maintain proper and effective internal controls.

Additional risks and uncertainties that could affect our financial results are included in the sections titled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our annual report on Form 10-K for the fiscal year ended January 31, 2024, filed on March 21, 2024, quarterly report on Form 10-Q for the quarter ended October 31, 2024, filed on December 6, 2024 with the Securities and Exchange Commission (the “SEC”), and other filings that we make from time to time with the SEC. The forward-looking statements made in this press release relate only to events as of the date on which such statements are made. We undertake no obligation to update any forward-looking statements after the date of this press release or to conform such statements to actual results or revised expectations, except as required by law.

Non-GAAP Financial Measures and Other Key Metrics

To supplement our consolidated financial statements, which are prepared and presented in accordance with GAAP, we use certain non-GAAP financial measures, as described below, to understand and evaluate our core operating performance. These non-GAAP financial measures, which may be different than similarly titled measures used by other companies, are presented to enhance investors’ overall understanding of our financial performance and should not be considered a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP.

We believe that these non-GAAP financial measures provide useful information about our financial performance, enhance the overall understanding of our past performance and future prospects, and allow for greater transparency with respect to important metrics used by our management for financial and operational decision-making. We present these non-GAAP measures to assist investors in seeing our financial performance using a management view, and because we believe that these measures provide an additional tool for investors to use in comparing our core financial performance over multiple periods with other companies in our industry. However, these non-GAAP measures are not intended to be considered in isolation from, a substitute for, or superior to our GAAP results.

Non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP income from operations, non-GAAP operating margin, non-GAAP net income and non-GAAP net income per share: We define these non-GAAP financial measures as the respective GAAP measures, excluding expenses related to stock-based compensation, employer payroll tax on employee stock transactions, amortization of acquisition-related intangibles, amortization of debt discount and issuance costs, acquisition-related expenses, fair value adjustments to strategic investments, lease-related impairment and lease-related charges, restructuring and other related charges, as these costs are not reflective of ongoing operations and, as applicable, other special items. The amount of employer payroll tax-related items on employee stock transactions is dependent on our stock price and other factors that are beyond our control and do not correlate to the operation of the business. When evaluating the performance of our business and making operating plans, we do not consider these items (for example, when considering the impact of equity award grants, we place a greater emphasis on overall stockholder dilution rather than the accounting charges associated with such grants). We believe it is useful to exclude these expenses in order to better understand the long-term performance of our core business and to facilitate comparison of our results to those of peer companies and over multiple periods. In addition to these exclusions, we subtract an assumed provision for income taxes to calculate non-GAAP net income. We utilize a fixed long-term projected tax rate in our computation of the non-GAAP income tax provision to provide better consistency across the reporting periods. For each of the years ended January 31, 2025 and 2024, we have determined the projected non-GAAP tax rate to be 20%.

Free cash flow: We define free cash flow as net cash provided by operating activities less purchases of property and equipment. We believe free cash flow is an important liquidity measure of the cash that is available (if any), after purchases of property and equipment, for operational expenses, investment in our business, and to make acquisitions. Free cash flow is useful to investors as a liquidity measure because it measures our ability to generate or use cash in excess of our capital investments in property and equipment. Once our business needs and obligations are met, cash can be used to maintain a strong balance sheet and invest in future growth.

Billings: We define billings as total revenues plus the change in our contract liabilities and refund liability less contract assets and unbilled accounts receivable in a given period. Billings reflects sales to new customers plus subscription renewals and additional sales to existing customers. Only amounts invoiced to a customer in a given period are included in billings. We believe billings can be used to measure our periodic performance, when taking into consideration the timing aspects of customer renewals, which represents a large component of our business. Given that most of our customers pay in annual installments one year in advance, but we typically recognize a majority of the related revenue ratably over time, we use billings to measure and monitor our ability to provide our business with the working capital generated by upfront payments from our customers.

For a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measure, please see “Reconciliation of GAAP to Non-GAAP Financial Measures” below.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

Three Months Ended
January 31,

Year Ended
January 31,

(in thousands, except per share data)

2025

2024

2025

2024

Revenue:

Subscription

$   757,767

$   695,682

$  2,901,309

$  2,686,708

Professional services and other

18,485

16,704

75,430

75,174

Total revenue

776,252

712,386

2,976,739

2,761,882

Cost of revenue:

Subscription

138,884

120,551

532,445

459,905

Professional services and other

21,327

27,356

89,214

112,716

Total cost of revenue

160,211

147,907

621,659

572,621

Gross profit

616,041

564,479

2,355,080

2,189,261

Operating expenses:

Sales and marketing

301,288

300,221

1,160,993

1,168,137

Research and development

155,463

151,524

588,455

539,488

General and administrative

98,821

102,711

375,983

419,621

Restructuring and other related charges

88

29,721

30,381

Total operating expenses

555,572

554,544

2,155,152

2,157,627

Income from operations

60,469

9,935

199,928

31,634

Interest expense

(400)

(1,709)

(1,550)

(6,844)

Interest income and other income, net

7,818

21,516

49,563

68,889

Income before provision for (benefit from) income taxes

67,887

29,742

247,941

93,679

Provision for (benefit from) income taxes

(15,604)

2,501

(819,944)

19,699

Net income

$     83,491

$     27,241

$  1,067,885

$     73,980

Net income per share attributable to common stockholders:

Basic

$        0.41

$        0.13

$        5.23

$        0.36

Diluted

$        0.39

$        0.13

$        5.08

$        0.36

Weighted-average shares used in computing net income per share:

Basic

203,299

205,514

204,329

204,070

Diluted

214,507

209,581

210,339

208,950

Stock-based compensation expense included in costs and expenses:

Cost of revenue—subscription

$     13,712

$     13,517

$     58,348

$     51,660

Cost of revenue—professional services and other

4,174

6,977

18,639

28,336

Sales and marketing

48,213

53,251

202,609

203,855

Research and development

53,422

54,753

204,238

184,211

General and administrative

30,426

32,502

121,665

143,773

Restructuring and other related charges

16

4,836

5,012

 

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)

(in thousands)

January 31,
2025

January 31,
2024

Assets

Current assets

Cash and cash equivalents

$            648,623

$            797,060

Investments—current

314,924

248,402

Accounts receivable, net

429,582

439,299

Contract assets—current

13,764

15,922

Prepaid expenses and other current assets

82,368

66,984

Total current assets

1,489,261

1,567,667

Investments—noncurrent

134,105

121,977

Property and equipment, net

299,370

245,173

Operating lease right-of-use assets

109,630

123,188

Goodwill

454,477

353,138

Intangible assets, net

76,388

50,905

Deferred contract acquisition costs—noncurrent

467,201

409,627

Deferred tax assets—noncurrent

840,470

2,031

Other assets—noncurrent

141,803

97,584

Total assets

$         4,012,705

$         2,971,290

Liabilities and Equity

Current liabilities

Accounts payable

$             30,697

$             19,029

Accrued expenses and other current liabilities                                                         

99,579

104,037

Accrued compensation

227,115

195,266

Contract liabilities—current

1,455,442

1,320,059

Operating lease liabilities—current

19,077

22,230

Total current liabilities

1,831,910

1,660,621

Contract liabilities—noncurrent

21,523

21,980

Operating lease liabilities—noncurrent

105,350

120,823

Deferred tax liability—noncurrent

20,596

16,795

Other liabilities—noncurrent

30,634

21,332

Total liabilities

2,010,013

1,841,551

Stockholders’ equity

Common stock

20

21

Treasury stock

(2,871)

(2,164)

Additional paid-in capital

3,321,242

2,821,461

Accumulated other comprehensive loss

(28,376)

(19,360)

Accumulated deficit

(1,287,323)

(1,670,219)

Total stockholders’ equity

2,002,692

1,129,739

Total liabilities and equity

$         4,012,705

$         2,971,290

 

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

Three Months Ended
January 31,

Year Ended
January 31,

(in thousands)

2025

2024

2025

2024

Cash flows from operating activities:

Net income

$      83,491

$      27,241

$  1,067,885

$      73,980

Adjustments to reconcile net income to net cash provided by operating activities

Depreciation and amortization

28,707

23,633

107,804

95,062

Amortization of deferred contract acquisition and fulfillment costs

64,486

52,382

237,217

200,163

Amortization of debt discount and transaction costs

139

1,027

554

4,749

Non-cash operating lease costs

4,602

4,811

19,065

21,310

Stock-based compensation expense

149,947

161,016

610,335

616,847

Deferred income taxes

(22,103)

(973)

(839,989)

6,292

Other

(361)

(551)

6,111

(1,904)

Changes in operating assets and liabilities

Accounts receivable

(128,616)

(81,221)

2,075

71,681

Prepaid expenses and other current assets

(9,334)

7,300

(17,634)

(657)

Deferred contract acquisition and fulfillment costs

(87,618)

(78,649)

(302,166)

(255,159)

Other assets

(5,884)

(1,413)

(22,002)

(15,432)

Accounts payable

9,152

4,263

7,638

(4,826)

Accrued expenses and other liabilities

10,081

4,101

2,935

6,473

Accrued compensation

70,364

38,347

29,236

33,979

Contract liabilities

146,285

115,371

129,854

152,247

Operating lease liabilities

(5,426)

(5,987)

(21,646)

(25,279)

Net cash provided by operating activities

307,912

270,698

1,017,272

979,526

Cash flows from investing activities:

Cash paid for acquisition, net of acquired cash

(143,611)

Purchases of marketable securities

(77,699)

(132,875)

(411,236)

(336,221)

Maturities of marketable securities

74,500

222,352

340,334

473,869

Purchases of strategic and other investments

(750)

(125)

(1,375)

(645)

Purchases of property and equipment

(28,342)

(22,114)

(96,988)

(92,391)

Net cash provided by (used in) by investing activities

(32,291)

67,238

(312,876)

44,612

Cash flows from financing activities:

Repayments of convertible senior notes

(689,896)

(726,979)

Repurchases of common stock

(161,725)

(683,528)

(145,515)

Settlement of capped calls, net of related costs

23,688

Payment of tax withholding obligation on net RSU settlement and ESPP purchase

(81,148)

(45,922)

(213,282)

(144,218)

Proceeds from exercise of stock options

11,359

784

22,705

13,991

Proceeds from employee stock purchase plan

35,314

32,994

Net cash used in financing activities

(231,514)

(735,034)

(838,791)

(946,039)

Effect of foreign exchange on cash, cash equivalents and restricted cash

(5,311)

5,096

(7,550)

199

Net increase (decrease) in cash, cash equivalents and restricted cash

38,796

(392,002)

(141,945)

78,298

Cash, cash equivalents and restricted cash at beginning of period (1)

620,758

1,193,501

801,499

723,201

Cash, cash equivalents and restricted cash at end of period (1)

$   659,554

$   801,499

$   659,554

$   801,499

(1) Cash, cash equivalents and restricted cash included restricted cash of $10.9 million and $4.4 million as of January 31, 2025 and January 31, 2024.

 

RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES

(Unaudited)

Reconciliation of gross profit (loss) and gross margin: 

Three Months Ended
January 31,

Year Ended January 31,

(in thousands)

2025

2024

2025

2024

GAAP gross profit

$  616,041

$  564,479

$  2,355,080

$  2,189,261

Add: Stock-based compensation

17,886

20,494

76,987

79,996

Add: Amortization of acquisition-related intangibles

3,564

2,070

12,267

8,857

Add: Employer payroll tax on employee stock transactions

1,176

337

3,909

2,262

Add: Lease-related impairment and lease-related charges

721

Non-GAAP gross profit

$  638,667

$  587,380

$  2,448,243

$  2,281,097

GAAP gross margin

79.4 %

79.2 %

79.1 %

79.3 %

Non-GAAP adjustments

2.9 %

3.3 %

3.1 %

3.3 %

Non-GAAP gross margin

82.3 %

82.5 %

82.2 %

82.6 %

GAAP subscription gross profit

$  618,883

$  575,131

$  2,368,864

$  2,226,803

Add: Stock-based compensation

13,712

13,517

58,348

51,660

Add: Amortization of acquisition-related intangibles

3,564

2,070

12,267

8,857

Add: Employer payroll tax on employee stock transactions

921

232

2,882

1,464

Add: Lease-related impairment and lease-related charges

505

Non-GAAP subscription gross profit

$  637,080

$  590,950

$  2,442,361

$  2,289,289

GAAP subscription gross margin

81.7 %

82.7 %

81.6 %

82.9 %

Non-GAAP adjustments

2.4 %

2.2 %

2.6 %

2.3 %

Non-GAAP subscription gross margin

84.1 %

84.9 %

84.2 %

85.2 %

GAAP professional services and other gross loss

$   (2,842)

$ (10,652)

$    (13,784)

$    (37,542)

Add: Stock-based compensation

4,174

6,977

18,639

28,336

Add: Employer payroll tax on employee stock transactions

255

105

1,027

798

Add: Lease-related impairment and lease-related charges

216

Non-GAAP professional services and other gross income (loss)

$     1,587

$   (3,570)

$         5,882

$      (8,192)

GAAP professional services and other gross margin

(15.4) %

(63.8) %

(18.3) %

(49.9) %

Non-GAAP adjustments

24.0 %

42.4 %

26.1 %

39.0 %

Non-GAAP professional services and other gross margin

8.6 %

(21.4) %

7.8 %

(10.9) %

Reconciliation of operating expenses:

Three Months Ended
January 31,

Year Ended
January 31,

(in thousands)

2025

2024

2025

2024

GAAP sales and marketing

$     301,288

$     300,221

$  1,160,993

$  1,168,137

Less: Stock-based compensation

(48,213)

(53,251)

(202,609)

(203,855)

Less: Amortization of acquisition-related intangibles

(3,354)

(2,631)

(12,450)

(10,518)

Less: Employer payroll tax on employee stock transactions

(2,242)

(1,104)

(7,593)

(5,049)

Less: Lease-related impairment and lease-related charges

(2,171)

Non-GAAP sales and marketing

$     247,479

$     243,235

$     938,341

$     946,544

GAAP sales and marketing as a percentage of revenue

38.8 %

42.1 %

39.0 %

42.3 %

Non-GAAP sales and marketing as a percentage of revenue

31.9 %

34.2 %

31.5 %

34.3 %

GAAP research and development

$     155,463

$     151,524

$     588,455

$     539,488

Less: Stock-based compensation

(53,422)

(54,753)

(204,238)

(184,211)

Less: Employer payroll tax on employee stock transactions

(1,421)

(605)

(7,013)

(4,276)

Less: Lease-related impairment and lease-related charges

(873)

Non-GAAP research and development

$     100,620

$       96,166

$     377,204

$     350,128

GAAP research and development as a percentage of revenue

20.0 %

21.3 %

19.8 %

19.5 %

Non-GAAP research and development as a percentage of revenue

13.0 %

13.5 %

12.7 %

12.7 %

GAAP general and administrative

$       98,821

$     102,711

$     375,983

$     419,621

Less: Stock-based compensation

(30,426)

(32,502)

(121,665)

(143,773)

Less: Employer payroll tax on employee stock transactions

(1,504)

(554)

(3,278)

(2,095)

Less: Acquisition-related expenses

(4,340)

Less: Lease-related impairment and lease-related charges

(695)

Non-GAAP general and administrative

$       66,891

$       69,655

$     246,700

$     273,058

GAAP general and administrative as a percentage of revenue

12.8 %

14.5 %

12.4 %

15.2 %

Non-GAAP general and administrative as a percentage of revenue

8.6 %

9.8 %

8.2 %

9.8 %

Reconciliation of income from operations and operating margin:

Three Months Ended
January 31,

Year Ended
January 31,

(in thousands)

2025

2024

2025

2024

GAAP income from operations

$    60,469

$     9,935

$  199,928

$    31,634

Add: Stock-based compensation

149,947

161,000

605,499

611,835

Add: Amortization of acquisition-related intangibles

6,918

4,701

24,717

19,375

Add: Employer payroll tax on employee stock transactions

6,343

2,600

21,793

13,682

Add: Acquisition-related expenses

4,340

Add: Restructuring and other related charges

88

29,721

30,381

Add: Lease-related impairment and lease-related charges

4,460

Non-GAAP income from operations

$  223,677

$  178,324

$  885,998

$  711,367

GAAP operating margin

7.8 %

1.4 %

6.7 %

1.1 %

Non-GAAP adjustments

21.0 %

23.6 %

23.1 %

24.7 %

Non-GAAP operating margin

28.8 %

25.0 %

29.8 %

25.8 %

Reconciliation of net income and net income per share, basic and diluted:

Three Months Ended
January 31,

Year Ended
January 31,

(in thousands, except per share data)

2025

2024

2025

2024

GAAP net income

$     83,491

$     27,241

$  1,067,885

$     73,980

Add: Stock-based compensation

149,947

161,000

605,499

611,835

Add: Amortization of acquisition-related intangibles

6,918

4,701

24,717

19,375

Add: Employer payroll tax on employee stock transactions

6,343

2,600

21,793

13,682

Add: Acquisition-related expenses

4,340

Add: Restructuring and other related charges

88

29,721

30,381

Add: Amortization of debt discount and issuance costs

1,027

5,175

Add: Fair value adjustments to strategic investments

(98)

22

Add: Lease-related impairment and lease-related charges

4,460

Add: Income tax and other tax adjustments

(61,823)

(37,311)

(1,006,746)

(136,023)

Non-GAAP net income

$   184,876

$   159,248

$   747,209

$   622,887

Numerator:

Non-GAAP net income

$   184,876

$   159,248

$   747,209

$   622,887

Add: Interest expense on convertible senior notes

425

Non-GAAP net income attributable to common stockholders, diluted

$   184,876

$   159,248

$   747,209

$   623,312

Denominator:

Weighted-average common shares outstanding, basic

203,299

205,514

204,329

204,070

Effect of dilutive securities

11,208

4,067

6,010

4,880

Non-GAAP weighted-average common shares outstanding, diluted

214,507

209,581

210,339

208,950

GAAP net income per share, basic

$        0.41

$        0.13

$        5.23

$        0.36

GAAP net income per share, diluted

$        0.39

$        0.13

$        5.08

$        0.36

Non-GAAP net income per share, basic

$        0.91

$        0.77

$        3.66

$        3.05

Non-GAAP net income per share, diluted

$        0.86

$        0.76

$        3.55

$        2.98

Computation of free cash flow:

Three Months Ended
January 31,

Year Ended
January 31,

(in thousands)

2025

2024

2025

2024

Net cash provided by operating activities

$   307,912

$   270,698

$  1,017,272

$   979,526

Less: Purchases of property and equipment

(28,342)

(22,114)

(96,988)

(92,391)

Non-GAAP free cash flow

279,570

248,584

920,284

887,135

Net cash provided by (used in) by investing activities

(32,291)

67,238

(312,876)

44,612

Net cash used in financing activities

$ (231,514)

$ (735,034)

$ (838,791)

$ (946,039)

Computation of billings:

Three Months Ended
January 31,

Year Ended
January 31,

(in thousands)

2025

2024

2025

2024

Revenue

$    776,252

$    712,386

$ 2,976,739

$ 2,761,882

Add: Contract liabilities and refund liability, end of period

1,479,266

1,343,792

1,479,266

1,343,792

Less: Contract liabilities and refund liability, beginning of period

(1,332,828)

(1,228,174)

(1,343,792)

(1,191,269)

Add: Contract assets and unbilled accounts receivable, beginning of period

18,341

25,253

20,189

16,615

Less: Contract assets and unbilled accounts receivable, end of period

(17,825)

(20,189)

(17,825)

(20,189)

Add: Contract assets and unbilled accounts receivable contributed by acquisitions

53

Less: Contract liabilities and refund liability contributed by acquisitions

(5,071)

Non-GAAP billings

$    923,206

$    833,068

$ 3,109,559

$ 2,910,831

 

View original content:https://www.prnewswire.com/news-releases/docusign-announces-fourth-quarter-and-fiscal-year-2025-financial-results-302401225.html

SOURCE Docusign, Inc.

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BTQ Technologies’ QSSN Selected as Core Security Infrastructure for South Korea’s First Bank-Led KRW Stablecoin Proof-of-Concept

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BTQ provides strategic advisory support and QSSN as core PQC security infrastructure for the iM Bank initiative on the Kaia mainnet, advancing post-quantum migration across global financial infrastructure

BTQ has been selected as the core post-quantum cryptography security technology provider for South Korea’s first bank-led KRW stablecoin proof-of-concept, delivering its Quantum Secure Stablecoin Settlement Network (“QSSN”) for the initiative.
 BTQ is providing strategic advisory support and helping coordinate implementation across the partnership with iM Bank and Finger, supporting the integration of post-quantum protections into regulated digital money infrastructure.
 Built on the Kaia mainnet, the proof-of-concept is connected to the blockchain ecosystems originally developed by Kakao and LINE, linking the initiative to two of the largest messaging and digital platform ecosystems in Korea and Japan.

VANCOUVER, BC, May 6, 2026 /PRNewswire/ – BTQ Technologies Corp. (“BTQ” or the “Company”) (Nasdaq: BTQ) (CBOE CA: BTQ), a global quantum technology company focused on securing mission-critical networks, today announced that it it has been selected as the core PQC security technology provider through its Quantum Secure Stablecoin Settlement Network (“QSSN”) in a proof-of-concept with its Korean strategic partner, Finger Inc. (“Finger”), and iM Bank, a leading Korean commercial bank, for South Korea’s first bank-led Korean won stablecoin infrastructure incorporating post-quantum cryptography (“PQC”).

The proof-of-concept represents more than a technical pilot. It marks an important step in bringing next-generation quantum security into banking infrastructure within Korea’s regulated financial system. In addition to providing QSSN as the core PQC security framework, BTQ is contributing consulting and strategic coordination across the three-way partnership, helping align the project’s security architecture, implementation approach, and long-term post-quantum migration objectives.

“Post-quantum migration requires more than a cryptographic upgrade. It requires coordination across infrastructure, implementation, and institutional stakeholders,” said Olivier Roussy Newton, Chief Executive Officer of BTQ Technologies. “In this initiative, BTQ is providing both strategic advisory support and QSSN as the post-quantum security architecture, while helping lead coordination across the three-way partnership. We believe this proof-of-concept demonstrates how financial institutions can begin integrating quantum-resilient protections into digital money systems in a practical and operationally viable way.”

South Korea’s First Bank-Led PQC Stablecoin Infrastructure Initiative

BTQ is working alongside iM Bank and Finger on a three-way initiative to validate the issuance and distribution infrastructure for a Korean won stablecoin. In addition to supplying QSSN as the PQC security layer, BTQ is providing consulting support and helping to guide coordination across the partnership as the parties evaluate how to integrate post-quantum protections into bank-led digital asset infrastructure.

The proof-of-concept will validate several key components, including real-time reconciliation between bank reserves and blockchain-issued supply, a global-standard smart contract architecture, connectivity to global infrastructure for overseas distribution, and the integration of a PQC-based dual-signature security structure. By applying BTQ’s PQC signature architecture alongside the existing ECDSA cryptographic framework, the system is designed to preserve operational continuity for financial institutions while proactively addressing future quantum computing threats.

Built on Kaia Mainnet

A notable feature of the proof-of-concept is that it will be implemented on the Kaia mainnet, one of Korea’s leading Layer 1 blockchain networks. Kaia was created through the merger of Klaytn, the blockchain originally developed by Kakao, and Finschia, the blockchain associated with LINE. Kakao and LINE sit at the center of two of the largest messaging and digital platform ecosystems in Korea and Japan, respectively, making Kaia a significant piece of regional digital infrastructure.

Klaytn previously participated in the Bank of Korea’s CBDC pilot ecosystem, and the Bank of Korea has continued to advance CBDC testing through initiatives such as Project Hangang.

By combining BTQ’s PQC technology with blockchain infrastructure tied to the Kakao and LINE ecosystems, the proof-of-concept is intended to establish a model that aligns institutional-grade security, blockchain scalability, and evolving regulatory requirements for digital money infrastructure.

QSSN as the Security Layer

The PQC security foundation for the initiative is BTQ’s Quantum Secure Stablecoin Settlement Network, or QSSN, a quantum-secure network architecture designed for stablecoin, tokenized deposit, payment, and digital asset infrastructure. QSSN is designed to protect critical issuer functions, including stablecoin issuance, burning, transfer authority, upgrade control, and administrative permissions, by integrating PQC-based signatures while maintaining existing user experience and operational workflows.

BTQ has previously announced that QSSN was highlighted in the U.S. Post-Quantum Financial Infrastructure Framework (“PQFIF”) as a model architecture for post-quantum digital money infrastructure. The Company has also positioned QSSN as a standards-oriented initiative advanced through QuINSA and aligned with emerging post-quantum financial infrastructure requirements.

Addressing the Harvest-Now, Decrypt-Later Risk

The timing of the proof-of-concept reflects the growing urgency surrounding the “Harvest-Now, Decrypt-Later” risk, in which attackers may collect encrypted financial data today and decrypt it later once sufficiently advanced quantum capabilities emerge. Global institutions are already accelerating post-quantum migration. The U.S. National Institute of Standards and Technology (“NIST”) has finalized its first set of post-quantum cryptography standards, including ML-DSA, ML-KEM, and SLH-DSA, while major technology companies and financial institutions continue to define their own post-quantum transition timelines.

BTQ’s QSSN addresses this challenge through a dual-signature design that allows existing ECDSA-based infrastructure to operate in parallel with NIST-aligned PQC signatures such as ML-DSA. This approach enables banks and payment infrastructure providers to begin a phased transition toward quantum-safe security without disrupting existing systems.

Expanding BTQ’s Korean Ecosystem

BTQ continues to expand its Korean ecosystem across digital assets, payments, banking infrastructure, and hardware-based security. In October 2025, BTQ announced that Finger had joined Danal as an early participant in BTQ’s QSSN pilot program, with the initiative expected to progress from proof-of-concept toward commercialization under QuINSA-aligned guidelines and broader industry frameworks such as PQFIF.

The commencement of the iM Bank proof-of-concept represents an important commercial signal for BTQ, indicating that demand for post-quantum migration among Korean financial institutions is beginning to move from policy discussion toward infrastructure-level implementation. As Korea advances both quantum technology policy and stablecoin-related regulatory discussions, BTQ believes QSSN is well positioned at the intersection of regulated finance, digital asset infrastructure, and post-quantum security.

About iM Bank
iM Bank is a South Korean commercial bank and a subsidiary of DGB Financial Group. Headquartered in Daegu, iM Bank presents itself as a financial companion for customers and traces its roots to Daegu Bank, which was established in 1967 as Korea’s first regional bank. For more information, please visit https://www.imbank.co.kr/

About Finger Inc. Group
Finger supplies and develops financial IT solutions to provide optimized money management strategies for employees and corporate customers. Providing “Smartphone Financial Services”, “Corporate Cash Management Services” for businesses, “Private Wealth Management Services” for private consumers.

Since the year 2000, Finger has accumulated a number of awards and patents regarding its businesses. Based on its Mobile Enterprise Application Platform(MEAP) Orchestra and its funds management system using screen-scrapping technologies, Finger was the first company in Korea to deliver a smartphone banking banking-service. For more information, please visit http://www.finger.co.kr/

About BTQ
BTQ Technologies Corp. (Nasdaq: BTQ | Cboe CA: BTQ) is a quantum technology company focused on accelerating the transition from classical networks to the quantum internet. Backed by a broad patent portfolio and deep technical expertise, BTQ is advancing a full-stack, neutral-atom quantum computing platform spanning hardware, middleware, and post-quantum security solutions for finance, telecommunications, logistics, life sciences, and defense.

Connect with BTQ: Website | LinkedIn | X/Twitter

ON BEHALF OF THE BOARD OF DIRECTORS
Olivier Roussy Newton
CEO, Chairman
Neither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Information

Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the business plans of the Company, including with respect to its research partnerships, and anticipated markets in which the Company may be listing its common shares. Forward-looking statements or information often can be identified by the use of words such as “anticipate”, “intend”, “expect”, “plan” or “may” and the variations of these words are intended to identify forward-looking statements and information.

The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the development of post-quantum algorithms and quantum vulnerabilities, and the quantum computing industry generally. The foregoing list of assumptions is not exhaustive.

Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include risks relating to: the availability of financing for the Company; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company’s research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting blockchains); risks related to the direct and indirect impact of COVID-19 including, but not limited to, its impact on general economic conditions, the ability to obtain financing as required, and causing potential delays to research and development activities; and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

View original content to download multimedia:https://www.prnewswire.com/news-releases/btq-technologies-qssn-selected-as-core-security-infrastructure-for-south-koreas-first-bank-led-krw-stablecoin-proof-of-concept-302763840.html

SOURCE BTQ Technologies Corp.

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Zimmer Biomet to Present at the BofA Securities 2026 Health Care Conference

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WARSAW, Ind., May 6, 2026 /PRNewswire/ — Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global medical technology leader, today announced that members of the Zimmer Biomet management team will participate in the Bank of America Securities Health Care Conference on Wednesday, May 13, 2026, with a fireside chat at 8:40 a.m. PT (11:40 a.m. ET).

A live audio webcast can be accessed via Zimmer Biomet’s Investor Relations website at https://investor.zimmerbiomet.com. It will be available for replay following the fireside chat.

About Zimmer Biomet 
Zimmer Biomet is a global medical technology leader with a comprehensive portfolio designed to maximize mobility and improve health. We seamlessly transform the patient experience through our innovative products and suite of integrated digital and robotic technologies that leverage data, data analytics and artificial intelligence.

With 90+ years of trusted leadership and proven expertise, Zimmer Biomet is positioned to deliver the highest quality solutions to patients and providers. Our legacy continues to come to life today through our progressive culture of evolution and innovation. 

For more information about our product portfolio, our operations in 25+ countries and sales in 100+ countries or about joining our team, visit www.zimmerbiomet.com or follow on LinkedIn at www.linkedin.com/company/zimmerbiomet or X at www.x.com/zimmerbiomet.

Contacts:

 

Media

Investors

Troy Kirkpatrick

David DeMartino

614-284-1926

646-531-6115

troy.kirkpatrick@zimmerbiomet.com

david.demartino@zimmerbiomet.com

Kirsten Fallon

Zach Weiner

781-779-5561

908-591-6955

kirsten.fallon@zimmerbiomet.com

zach.weiner@zimmerbiomet.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/zimmer-biomet-to-present-at-the-bofa-securities-2026-health-care-conference-302763299.html

SOURCE Zimmer Biomet Holdings, Inc.

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NextLadder Ventures Announces Co-Founder Leadership Team, Investment Focus Areas For Over $1 Billion Initiative Empowering Americans with Personalized, Tech-Enabled Support Tools

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New senior hires from Google and The Collaborative Fund to lead product strategy and venture investing

Fund unveils first investment focus areas to catalyze new ‘Navigation Technology’ market, equipping Americans with cutting-edge tools to achieve economic security, opportunity and empowerment

ST. LOUIS, May 6, 2026 /PRNewswire/ — NextLadder Ventures, a new fund backed by more than $1 billion in capital, today announced its priority investment areas for building a new market for “Navigation Technology” (NavTech) — tools that provide Americans with personalized solutions to navigate life’s challenges and achieve greater economic mobility — and announced its co-founding team, including two new senior hires.

The fund’s active focus areas are based on extensive research identifying the key experiences and high-stakes decision points that have an outsized impact on American families’ economic mobility. Launched investment areas include financial health, career navigation, and benefits and social services access, with further exploration underway around housing, legal aid, justice and re-entry, and mental and physical health. 

The organization is also today welcoming two senior leaders: Lauren Loktev is joining NextLadder as Managing Director of Investments and Brigitte Hoyer Gosselink as Managing Director of Product. Loktev was most recently a partner at the Collaborative Fund, where she backed several breakout companies in early child development, education, and sustainability. Gosselink comes to NextLadder from Google, where she led the company’s AI and social impact portfolio. They join a growing team which has deep expertise at the intersection of economic mobility, technology, public policy, and philanthropy.

NextLadder’s Focus Areas for Investment

Today, the fund is kicking off a plan to deploy $1 billion over the next seven years to accelerate the design, development, and deployment of accessible NavTech tools that aim to help families more successfully navigate the major life experiences that determine whether they get ahead or fall behind. As NextLadder’s inaugural frontier AI lab partner, Anthropic is supporting the build-out of the organization’s AI-native capabilities and is offering technical assistance to NextLadder’s portfolio organizations. 

As an increasing proportion of Americans across income levels find themselves overextended and overwhelmed, NavTech tools are designed to help individuals and families understand their options, connect to information and resources, and take action to recover from a setback or take advantage of an opportunity and reclaim their economic futures.

“Life is getting harder, and too many Americans are stuck facing some of the most complex and consequential moments of their lives without much support,” said Ryan Rippel, CEO of NextLadder Ventures. “Every day, millions in this country face fork-in-the-road decisions that have major implications on whether they climb up the economic ladder or fall farther behind. AI has understandably intensified many Americans’ anxieties about their jobs and their security in the economy. But these technologies are now also making it possible to deliver highly personalized, affordable tools to meet the needs of tens of millions of Americans in a way that has never been practically achievable or financially viable before. With NavTech tools, built for the reality of families’ everyday experiences, we can empower Americans to overcome setbacks, navigate life’s toughest financial decisions, and build more secure futures.”

NavTech tools, built with the needs of individuals, families, and trusted community partners at the center of their design, have the potential to ease burdens most acutely faced by 90 million Americans who live in households that have difficulty in paying for usual home expenses, and turbocharge the capacity of the 1.6 million community workers in non-profit or local, state, and federal government roles who serve them. This growing category of digital technologies includes tools that help families access opportunities such as personalized financial advice and legal aid, get connected with available resources and programs, and manage unexpected hurdles like losing a job or facing an eviction – while freeing social workers and service providers to spend more time on people and less time on red tape and paperwork.

The fund’s active investment areas include:

Financial Health: Developing highly personalized, AI-powered financial health tools that can provide tailored, sustained counsel to help users build savings and protect and recover from financial shocks;
Career Navigation: Building tools to support career navigation, manage and support career transitions, and help workers, case managers, and employers identify pathways to living wage work — all designed to help people successfully find the right jobs for them.
Benefits & Social Services Access: Helping eligible Americans seamlessly identify and enroll in all the benefits and social services available to them, particularly those that support career navigation and transitions, help them navigate critical life moments, and achieve stability toward economic opportunity.

NextLadder is exploring additional focus areas, including housing, legal aid, justice and re-entry, caregiving, and mental and physical health. More on the organization’s vision of these focus areas is available HERE.

In addition to backing direct NavTech solutions, NextLadder is investing in the developers, partners, and standards required to build a durable, self-sustaining market. Across all focus areas, the fund is prioritizing efforts to ensure NavTech tools are reliable, protect users’ privacy, and are trusted by the families who depend on them.

NextLadder’s Co-Founder Leadership Team

NextLadder’s five co-founders will be CEO Ryan Rippel, Chief Strategy and Operations Officer Rhett Dornbach-Bender, Chief of Staff Callie Schwartz, and the two new senior hires: Managing Director of Investments Lauren Loktev and Managing Director of Product Brigitte Hoyer Gosselink, rounding out the fund’s expertise in investing, technology, and impact.

“We’re thrilled to welcome Lauren and Brigitte to the NextLadder team,” said Rippel. “Brigitte has spent her career proving that when applied purposefully, AI and technology can deliver meaningful benefits for communities, and she’ll set the bar for what NavTech tools can deliver for American families today and in the years to come. And with her deep experience backing mission-driven founders, Lauren is the perfect leader to build our venture practice from the ground up and accelerate the growth of the NavTech field. With this team in place, we’re positioned to make NavTech tools easier to build, fund, and access so they reach the people who need them most.”

Loktev brings 15 years of venture capital experience investing at the intersection of for-profit and for-good. Most recently at Collaborative Fund, she backed several companies to significant scale and launched Collab+Sesame, a first-of-its-kind thematic seed fund in partnership with Sesame Workshop focused on early childhood education. At NextLadder, she will build and lead the fund’s venture practice, sourcing and scaling investments in the founders building the next generation of NavTech tools.

“We have a once in a generation opportunity to help steer AI solutions toward those who need them most,” said Loktev. “Many amazing, accomplished founders see this too, and they are on a mission to build scalable, transformative businesses in the critical verticals that help people navigate life-changing moments. I couldn’t be more excited to join NextLadder and to support the most inspiring leaders building this market from the ground up. Thanks to our unique, long-term mandate, we can be creative and flexible in investing across stage and check size to partner with the entrepreneurs and leaders we believe will change the world.”

Prior to her role at NextLadder, Gosselink spent over a decade at Google in several roles including Director of AI and Social Impact, directing more than $500 million in funding for organizations applying AI to address challenges including crisis response, education, and economic opportunity. At NextLadder, she will lead AI and product strategy across the fund’s portfolio, backing solutions and setting market-wide standards for how NavTech tools are designed, evaluated, and improved over time.

“If we collectively harness the AI transformation strategically and purposefully, we can transform the way Americans are empowered to access greater economic mobility,” said Gosselink. “We believe that people-centered products, combined with shifts in the market and the services available to families, can fundamentally reshape how millions of Americans navigate critical moments and achieve prosperity on their own terms.”

To request interviews from the NextLadder Ventures leadership team, contact media@nextladder.com.

About NextLadder Ventures

NextLadder Ventures is a time-bound venture with one goal: empower millions of Americans to reach their potential by 2040. Backed by over $1 billion in capital, the organization invests in breakthrough technologies that remove barriers to economic success and put people in control of their futures. NextLadder Ventures is trailblazing a new market for tech-enabled Navigation Technology tools that help people access the resources they need to navigate pivotal moments — offering flexible, risk-tolerant capital to entrepreneurs building these transformative tools today, while creating a pipeline of tech, talent, and capital for the long run.

View original content:https://www.prnewswire.com/news-releases/nextladder-ventures-announces-co-founder-leadership-team-investment-focus-areas-for-over-1-billion-initiative-empowering-americans-with-personalized-tech-enabled-support-tools-302764095.html

SOURCE NextLadder Ventures

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