This market can sustain a strong business… 5.5B ARR Potential just Cash efficiency on “strong fit” use cases Logistics (“pure players”) $360M $XXm* Supply Chain departments $1.2B Property Management $760M spent to reach Mortagage Brokerages $760M Corporate Travel $425M Real Estate Brokerage $230M $XXm* Accounting $900M In ARR Marketing Agencies $640M Q1’18 Q2’18 Q3’18 Q4’18 Q1’19 Q2’19 Q3’19 Boutiques Hotels $200M LTV/CAC &Resorts Confidential - Do not distribute 17 / 25