Anyline Reports 40% ARR Growth in 2023 Amid Expansion

Anyline Reports 40% ARR Growth in 2023 Amid Expansion

The company experienced growth across multiple regions, including the United States, Europe and Asia Pacific.

Anyline, an AI-enabled mobile data capture company, announced a 40% increase in its annual recurring revenue (ARR) for 2023, with a net dollar retention rate of 125%. The company experienced growth across multiple regions, including the United States, Europe, and Asia Pacific.

“It was a year of both challenges and triumphs. As we celebrated a decade in business in 2023, we faced the formidable task of laying the groundwork for another decade of rapid expansion and a shift in strategy toward profitability,” said Lukas Kinigadner, CEO and founder of Anyline. “I’m immensely proud of our accomplishments – from the innovative solutions we launched to the exceptional teamwork and the market’s enthusiastic reception of our technology’s impact in solving tangible business challenges for our customers.”

In the past year, Anyline celebrated its 10th anniversary, grew its ARR significantly and introduced new products including a Tire Tread Scanner and a Tire Sidewall Scanner for mobile devices. The company also launched the Anyline Insights analytics platform, secured $2.87 million for its Closed Loop Training project to enhance AI-based data capture accuracy and obtained five unique patents, the company said.

Anyline also expanded its leadership team and global footprint by appointing its first chairperson of the board and opening an office in India, contributing to its global customer support capabilities.

The company’s recent initiatives include partnerships with Continental, TireHub, AutoSavvy, Treads and UMS, focusing on the automotive and transportation aftermarket. Anyline has invested in new software solutions, enhanced its management team and internal systems and increased its presence in the US and APAC, the company said.

Kinigadner commented on the company’s future prospects, saying, “The framework of people, capital, systems, and intellectual property that we put in place at Anyline in 2023 will help us achieve our goals in 2024 and beyond. The need to digitalize manual, analog operations in fleet management, tire retail, and automotive servicing is very real, and we are well positioned to help customers evolve with the IT systems they have in place, saving them time and money and growing their businesses.”

You May Also Like

Women at the Wheel: Ashley D’Avico-Joines

D’Avico-Joines is the owner of D’Avico’s Auto Repair in Wayne, PA.

WATW_Davico-Joines

During the month of June, aftermarketNews will be presenting the esteemed 2024 Class of AMN’s Women at the Wheel. From trailblazers who have helped create departments and even entire companies, to those who ensure their office runs like a well-oiled machine, this year’s group of 26 is full of authentic leaders, each with a story to tell.

Tint World Continues Expansion in Colorado

The company has added its fourth location in the state.

Tint-World-Continues-Expansion-in-Colorado
Sun Auto Tire & Service Acquiring Caliber Auto Care

The company is acquiring 33 Caliber Auto Care locations throughout the state of Texas.

Sun Auto Tire & Service Acquiring Caliber Auto Care
TEXA Announces CAR 76.6.0 Software Release

TEXA IDC5 CAR diagnostic software provides free streamlined access without login or authentication required to the Motor TruSpeed platform, according to TEXA.

TEXA-Announces-CAR-76.6.0-Software-Release
Autel Approved for Nissan Central Gateway Access

By registering their shop and tablet at AutoAuth, Autel users can perform diagnostics and service tasks on security gateway-equipped Nissan vehicles.

Autel Approved for Nissan Central Gateway Access
Other Posts
Tint World Continues Georgia Expansion With 10th Location

Tint World Automotive Styling Centers announces the opening of a new location in Stone Mountain, Georgia.  

Tint World Continues Georgia Expansion With 10th Location
Rislone Introduces New Diesel DEF Treatment 

It keeps diesel exhaust fluid crystal-free and makes SCR and DEF emissions systems maintenance easy, Rislone said.

Rislone-Diesel-DEF
Tint World Expands With First Ohio Location

Tint World Columbus is owned and operated by Josh Vanlandingham.

Tint-World-Expands-With-First-Ohio-Location
Tint World and XPEL Announce Partnership

This collaboration will introduce the “Tint World powered by XPEL” range of co-branded products.

Tint World