Strong New Product Adoption
The three new product modules, including community and analytics components, have significantly contributed to the quarter's success with over 15% attach rates, exceeding expectations.
Growth in Average Contract Value
Average contract value for new customers increased from $70,000 to $83,000, indicating strong enterprise demand and successful upselling strategies.
FedRAMP Progress
Docebo is on track to achieve FedRAMP Authority to Operate (ATO) status by the end of Q3 2025, which will enable bidding on federal contracts, a significant growth opportunity.
Strategic Partnerships
Significant progress with system integrators, with partnerships contributing to a meaningful portion of pipeline and expected to drive future growth.
Long-Term Contracts and Retention
A 200% increase in contracts of five years or greater, indicating strong customer retention and stickiness.