SAN FRANCISCO, Jan. 23, 2018 /PRNewswire/ -- JotForm, the
fastest and easiest way to build online forms that deliver business
value, today announced company results and success from the past
year, increasing revenues by more than 50 percent for a third
consecutive year in 2017. JotForm is now used in all 196 countries
and has grown to 3.2 million users, a 33 percent increase in 2017
with more than 813K new users.
This record growth can be attributed to a number of significant
milestones achieved in 2017. The company introduced JotForm 4.0,
the first and only full-featured online form builder to be 100
percent mobile-friendly, which includes mobile and offline form
building, revision history, continuous save and seamless
collaboration as new features. JotForm also introduced a dedicated
Mac application, released new widgets and 13 new integration
options, and opened a third office in Izmir, Turkey, expanding from the company's
headquarters in San Francisco and
first Turkey office in
Ankara.
In addition to company achievements, user behavior in acquiring
paid accounts, leveraging JotForm to monetize form transactions and
expanding vertical markets all contributed to revenue increases and
prompted new user adoption. While JotForm's basic offering is a
"freemium" service, the company increased their paid user base by
29 percent in the past year. User activity also increased,
observing a 40 percent growth in active users and a 33 percent
increase in form completions.
Monetization
A key benefit of the JotForm product is an extensive portfolio
of 23 payment provider integrations (e.g., Square, PayPal, WePay,
etc.), helping any size business monetize their form submissions
quickly and securely. In 2017, JotForm earned PCI Service Provider
Level I Compliance, making it the first and only online form
builder to provide the highest level of security available. Payment
transactions increased by 16 percent in 2017 with a 23 percent
increase in payment totals from the previous year. The Midtown
Educational Foundation reports more than $8
thousand per year in savings by switching to JotForm's more
affordable payment solutions.
Vertical Growth
Education, nonprofits, marketing, sports and health care ranked
as JotForm's top five vertical markets, all of which experienced
steady growth. JotForm continued to support the community by
offering a 50 percent discount to all education and nonprofit
customers. New and unique customer use cases include Rocktape's use
of JotForm's analytics to evaluate the performance of forms used
for general contact, athlete registration, and medical provider and
dealer applications; Blossom Lab's
use of JotForm's customization tools to deliver design services for
their marketing clients; Back to the Roots' use of JotForm to sort
photos and responses for their "giving back" campaign; Napa Grass
Farmers' use of JotForm to fill custom, customer food box and
delivery orders; and ABC's "Shark Tank" alumni, Oru Kayak's, use of
JotForm to collect job applications to support their growing
business.
"Our unprecedented growth demonstrates that small and large
companies alike see the strategic value of the way forms can lead
to better customer relationships and sales," said Aytekin Tank, CEO of JotForm. "When I created
the original JotForm solution, forms were simply dead-end
information receptacles. Now, people realize they can be a
valuable, integrated gateway that funnels important information
into company systems and drives better analytics. In 2018, we'll
continue to work closely with our customers and partners to power
better decisions and customer relationships."
For more information on the company and to create your own
account, please visit http://www.jotform.com.
About JotForm
JotForm, the easiest online form builder, provides a strategic
approach to form creation. It gives any size company an easy to
use, intelligent data collection tool that delivers higher quality
form completion, resulting in better insight and smarter decisions.
Trusted by more than 3 million users, JotForm is a gateway to
successful customer relationships and increased sales, with the
fastest path between form completion and monetization.
Media Contacts:
Chad Reid
Director of Communications, JotForm
415-317-0927
chad@jotform.com
View original
content:http://www.prnewswire.com/news-releases/jotform-announces-50-percent-revenue-growth-in-the-past-two-years-accelerating-momentum-into-2018-300586259.html
SOURCE JotForm