Markets

School app firm Kami riding high on digital learning tsunami

Dan Brunskill
Tue, 02 Feb 2021

School app firm Kami riding high on digital learning tsunami
Dan Brunskill
Tue, 02 Feb 2021
Local education software firm Kami was already growing at a rapid clip before covid-enforced distance learning super-charged its revenue. Executive director Bob Drummond said the company was already trebling in size before 2020. After the pandemic hit, annualised recurring revenue - the favoured measure of software-as-a-service companies - soared more than tenfold to be "north of $40 million" from its 24 million or so users. Drummond, a co-founder and chief revenue officer of the Parnell-based digital classroom app maker, sa...

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