Asana reports Q1 dollar-based net retention rate 100%

The company states: “The number of Core customers, or customers spending $5,000 or more on an annualized basis, in Q1 grew to 22,162, an increase of 12% year over year. Revenues from Core customers in Q1 grew 15% year over year. The number of customers spending $100,000 or more on an annualized basis in Q1 grew to 607, an increase of 19% year over year. Overall dollar-based net retention rate in Q1 was 100%. Dollar-based net retention rate for Core customers in Q1 was 102%. Dollar-based net retention rate for customers spending $100,000 or more on an annualized basis in Q1 was 108%.”