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Dave Thornton

Partner

Anchorpoint Legal

On plan

Contract lifecycle management for in-house legal teams, with clause-level review assistance built in.

Legal Tech / SaaSSeries AUnited KingdomInvested Oct 9, 2023Lead: Adam

Next board meeting

Thu, August 27

in 4 weeks

Status rationale: First full quarter post-launch landed on plan, with pipeline building ahead of the Q3 hiring step-up.Updated Jul 17, 2026

ARR

£1.9m

Budget: £1.8m+6%

ARR Growth

46.0%

Budget: 42.0%+10%

Cash Balance

£3.4m

Budget: £3.2m+6%

Net Burn

£0.2m

Budget: £0.2m-10%

Runway

18.9 mo

Budget: 16.0 mo+18%

Gross Margin

77.0%

Budget: 74.0%+4%

Net Revenue Retention

109.0%

Budget: 106.0%+3%

Churn

4.1%

Budget: 4.8%-15%

Pipeline Value

£3.6m

Budget: £3.1m+16%

ARR Trend (last 5 quarters)

  • £0.6m
    Q2 25
  • £0.9m
    Q3 25
  • £1.3m
    Q4 25
  • £1.6m
    Q1 26
  • £1.9m
    Q2 26

Metrics

Actuals vs plan, with extraction confidence.

Metrics
MetricValuevs. planConfidence
ARR£1.9mOn plan
86%
ARR Growth46.0%On plan
82%
Cash Balance£3.4mOn plan
91%
Net Burn£0.2mOn plan
79%
Runway18.9 moOn plan
72%
Gross Margin77.0%On plan
44%
Net Revenue Retention109.0%On plan
52%
Churn4.1%On plan
48%
Pipeline Value£3.6mOn plan
36%