Press release
Monjur Reflects on a Year of Growth with Major Anticipated Steps In 2025
"We're thrilled with Monjur's progress in 2024," said Robert Scott, Chief Innovator at Monjur. "Adding over 400 new customer logos, reaching $2 million in annual recurring revenue while introducing innovative solutions like the Managed AI Library and the Monjur Deal Room demonstrates that we have established a strong product-market fit. In 2025, our focus will be on accelerating time to value for our clients, enhancing our customer experience, and delivering lightning fast service."
Key Milestones in 2024
* March: Launch of the Managed AI Library to address AI-related legal challenges.
* Summer: Introduction of the Monjur Deal Room solution to streamline M&A processes.
* September: Reached $2 million in Annual Recurring Revenue (ARR), doubling growth in one year.
* October: Surpassed 500 paying subscribers, solidifying Monjur's leadership in IT legal services.
* November, added $217,000 in new ARR in one month
* December: Surpassed 600 paying Subscribers.
Accolades and Recognition
*
Rob Scott was named one of Forbes' "Top Entrepreneurs to Watch."
*
Monjur was voted "Best New Solution" by ChannelPro SMB Forum in September 2023.
*
Winner of IT Nation Evolve's "Best Lunch and Learn Presentation."
*
Renowned for having the "Best Pens in the Channel."
Looking Ahead to 2025
Monjur's vision for 2025 centers on scaling its impact and delivering even greater value to IT enterprises:
*
Faster Time to First Value: Streamlining the customer onboarding process with defined milestones to ensure clients are legally protected as quickly as possible.
*
Increasing Legal Protections: Enhancing our solution with the latest trends in artificial intelligence, data privacy, and compliance, empowering clients to stay ahead in a rapidly evolving risk and regulatory environment.
*
Subscriber Growth and Retention: Targeting a subscriber base of 1200 while focusing on customer success initiatives to maximize retention and recurring revenue.
*
Strategic Partnerships: Deepening collaborations with SaaS, CRM, and Managed Services leaders to integrate Monjur's legal solutions into their ecosystems.
*
Event and Ecosystem Leadership: Doubling down on sponsorships for high-ROI events and entering marquee conferences like IT Expo, Dreamforce and SaaStr to broaden Monjur's reach and influence.
For media inquiries or further information, kindly email Thomas Mustac of OtterPR at thomas.mustac@otterpr.com [mailto:thomas.mustac@otterpr.com].
About Monjur
Monjur is redefining how businesses consume legal services by offering solutions that are simple, scalable, and tailored to the unique challenges of today's recurring revenue based industries. Unlike traditional legal services, Monjur provides predictable, subscription-based pricing and on-demand access to legal expertise, eliminating the uncertainty of hourly billing and costly retainers.
We help clients sleep better at night by ensuring they are legally protected and equipped to navigate the complexities of compliance, contracts, and customer relationships - all without breaking the bank. Our as-a-service model makes comprehensive legal support accessible and affordable, empowering businesses to focus on growth and innovation while we handle the legal foundation that keeps them secure.
Whether it's staying ahead of evolving regulations or simplifying the deal-making process, Monjur is a trusted partner committed to delivering peace of mind through legal solutions that work as hard as our clients do.
Media Contact
Company Name: Otter Public Relations
Contact Person: Thomas Mustac
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=monjur-reflects-on-a-year-of-growth-with-major-anticipated-steps-in-2025]
Address:136 4th St N Ste 201
City: ORLANDO
State: FL
Country: United States
Website: http://www.otterpr.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Monjur Reflects on a Year of Growth with Major Anticipated Steps In 2025 here
News-ID: 3774415 • Views: …
More Releases from ABNewswire
Meridian Clinic Redefines Chiropractic Services with Patient-Centered Care Model
Haycock Chiropractic in Meridian offers personalized care plans that combine chiropractic adjustments and massage therapy, with transparent pricing and a focus on identifying the root causes of pain rather than just treating symptoms.
A Meridian-based wellness practice is changing how patients experience care by implementing a comprehensive approach that goes beyond traditional adjustments. Haycock Chiropractic [http://www.haycockchiropractic.com/]has built a reputation for personalized treatment plans and transparent patient care since opening its doors…
Expanding Access to Cost-Effective Water Heater Repair, Bedrock Plumbing & Drain …
With trusted providers like Bedrock Plumbing & Drain Cleaning, residents benefit from solutions that balance cost-effectiveness with long-term durability. Whether facing minor heating issues or larger system concerns, access to skilled technicians ensures that hot water systems remain functional throughout the year.
Expanding Affordable Solutions for Local Homes
The need for water heater repair [https://bedrockplumbers.com/plumbing-company-st-louis-park-mn/#:~:text=Toilet%20Repair%20%26%20Installation-,Water%20Heater%20Repair,-%26%20Replacement] has been steadily growing in Hopkins, MN, as homeowners seek efficient, affordable ways to restore comfort and…
Timely Solutions for Property Damage Achieved Through Emergency Roof Repair in D …
Quick action helps minimize the extent of structural issues, reducing long-term costs and ensuring buildings remain secure. With trusted providers like Mountain Roofers, timely solutions deliver dependable protection.
Rising Demand for Emergency Roof Care
Emergency roof repair [https://www.google.com/search?Emergency+Roof+Repair&kgmid=/g/11vwj7qzm6] has become a vital service in Downtown Phoenix, where sudden storms and unexpected damage often threaten the safety of both residential and commercial properties. Quick action helps minimize the extent of structural issues, reducing…
Mountain Roofers Delivers Advanced Materials Through Roof Installation Services …
With frequent heatwaves and unpredictable weather patterns, having reliable roof installation has become more important than ever. Mountain Roofers is meeting this demand by integrating advanced materials and proven methods into its projects, ensuring long-term protection and resilience for properties across Downtown Phoenix.
Residential and commercial properties in Downtown Phoenix are seeing rising interest in durable and energy-efficient roofing options. With frequent heatwaves and unpredictable weather patterns, having reliable roof installation…
More Releases for Monjur
Monjur and MSPAlliance Announce Strategic Partnership to Improve Cybersecurity a …
Southlake, Texas - February 18, 2025 - Monjur, renowned for its innovative contract solutions for managed service providers (MSPs), has joined forces with MSPAlliance, the world's largest international cloud and managed services association. This strategic partnership, founded on the extensive expertise of both Monjur and MSPAlliance, will see the two entities promote and market each other's solutions. They will also integrate Monjur's expertise in customer contracting with the MSPAlliance Cyber…
Monjur Welcomes Erin Sutter as New Account Executive
Southlake, Texas - December 17, 2024 - Monjur [https://monjur.com/], a leading provider of SaaS-enabled legal services for the IT industry, is pleased to announce the appointment of Erin Sutter [https://www.linkedin.com/in/erin-sutter/] as an Account Executive for the organization. Sutter is a result-driven professional with a strong background in executing customer success and managing strategic partnerships.
"We are pleased to have Erin Sutter join the Monjur sales team," stated Monjur's Chief Innovator Robert…
Monjur Welcomes Eric Griffin as Senior Legal Counsel
Southlake, Texas - December 10, 2024 - Monjur, the provider of SaaS-enabled legal solutions for the IT sector, is pleased to announce that it has hired Eric Griffin [https://www.linkedin.com/in/eric-griffin-545b4a278/] as the new Senior Legal Counsel. Griffin is a Corporate and Contract Law Generalist with over 40 years of experience and will be a great addition to the Monjur team.
During his practice, Griffin has offered general corporate and contract law advice…
Monjur introduces Deal Room; A Platform Tailored for IT service Companies
Empowering Your Perfect Exit Strategy
Southlake, Texas - July 23, 2024 - Monjur [https://monjur.com/] is thrilled to introduce the Monjur Deal Room, a cloud based legal service platform in the cloud designed specifically for IT services firms looking to position themselves for sale. This encompassing set of legal services aims to simplify the due diligence and contracting processes facilitating smoother transactions and optimizing your firm's appeal to potential buyers.
"Here at Monjur…
Monjur Welcomes Aaron Peart as New Account Executive
Southlake, Texas - May 29, 2024 - Monjur [https://www.google.com/url?q=https://www.google.com/url?q%3Dhttps://monjur.com/%26amp;sa%3DD%26amp;source%3Deditors%26amp;ust%3D1716998762937969%26amp;usg%3DAOvVaw2bmWQXX_gKYZ1KMyjZu0Dj&sa=D&source=docs&ust=1716998762951507&usg=AOvVaw1Zct-_FO3hFLIfMaRKWyed], a leading provider of SaaS-enabled legal services for the IT industry, is excited to announce the appointment of Aaron Peart [https://www.google.com/url?q=https://www.google.com/url?q%3Dhttps://www.linkedin.com/in/aaron-peart-05b3671b1/%26amp;sa%3DD%26amp;source%3Deditors%26amp;ust%3D1716998762938263%26amp;usg%3DAOvVaw18HJjxzsy32nKgTu7co9EK&sa=D&source=docs&ust=1716998762951666&usg=AOvVaw0ROZbp2MkjFKjIXiiUK0-c]as its newest Account Executive. Peart brings a wealth of experience and a proven track record in client management and business development, making him a valuable addition to the Monjur team.
Prior to joining Monjur, Peart demonstrated his expertise at prominent companies,…
Monjur Welcomes Samuel Teal as New Contract Platform Specialist
Southlake, Texas - May 14, 2024 - Monjur [https://monjur.com/], a SaaS-enabled legal service providing contracting solutions for the IT industry, proudly announces the appointment of Samuel Teal as its newest Contract Platform Specialist. With his extensive experience in contract and project management, combined with his technical skills, Teal is an exciting addition to the Monjur team.
Prior to joining Monjur, Teal worked with powerhouses like Lincoln Financial Group and the Federal…
