C-suite gathering conference honors Pocketnest for its business growth in 2022 and beyond
The annual Detroit Dealmakers Conference recently hosted Pocketnest CEO and founder Jessica Willis and awarded the venture-backed fintech with the 2023 Dealmakers Award.
Mykolas Rambus, a tech leader from Detroit and 2022 Dealmakers award recipient, nominated Pocketnest for this year's recognition.
Dealmakers recognized Pocketnest with this year's award for its recent business accomplishments, including raising $5M in VC-backed funding to date, earning the Wells Fargo’s 2022 Innovation Challenge finalist designation and its corresponding $50K award, securing 40 enterprise clients and counting, and graduating the Google Accelerator.
Not to mention, the ever-scaling and growing Pocketnest has experienced the following growth since 2021:
250 percent growth in new users
100 percent growth in annual recurring revenue
82 percent growth in new clients, with 40 total clients, including MSU Federal Credit Union (MSUFCU), Service Credit Union, Community Financial Credit Union, The Accel Group, TDC Investment Advisory, The Henry Ford, Altruist, Autobooks, and more.
100 percent growth in development team headcount and a new sales team consisting of two directors of business development, reaching 20 total employees, and plans to expand the marketing team in 2023
The Dealmakers conference brings together middle-market, C-suite executives, entrepreneurs, and business owners with executives who assemble, fund, foster, and make deals (private-equity professionals, venture capitalists, investment bankers, attorneys, accountants, and M&A advisors) for a day of high-level content, networking, and recognition of recent deals of note.
Willis received the award at the Detroit-based conference. Dealmakers presents this conference in 13 regions and cities across the country, including: Detroit, Philadelphia, Columbus, Charlotte, Chicago, Cleveland, Nashville, Baltimore, Texas, Milwaukee, Pittsburgh, St. Louis, and Boston.