In our bear case, growth slows to 20%~ amidst competition from other no-code platforms and native integrations. In our base case, Zapier remains the logic layer of no-code and continues to grow at 37% CAGR to $800M+ in ARR by 2026.Zapier’s strength is that like Netflix, it has commoditized its suppliers and gotten closer to their customers-now, it has the opportunity to leverage its distribution and mindshare to eat Airtable, create its own Zapier-native data store, and build the no-code super aggregator.But Zapier risks being disintermediated with the rise of native integration APIs like Tray.io and Paragon, verticalized automation solutions like Alloy Automation and Parabola, and Airtable building its own integrations platform, all of which aim to offer a better user experience around integrations.By programmatically generating SEO-optimized landing pages for each new tool and integration on the platform, Zapier has built a growth machine that has scaled up to 6,000,000 unique pageviews every month, more than sites like Deadspin, Teen Vogue, Gothamist, Seventeen, Saveur or Cook's Illustrated.Zapier’s 3,000+ integrations give them pricing power.
By 2020, Zapier had 125,000 paying customers: about 25x as many as competitor Integromat. Zapier has a virtual monopoly in the no-code integrations space.Their tiny amount of capital raised gives them a 100x ratio of ARR/funding that puts them in elite territory alongside other largely-bootstrapped companies like Atlassian (128x) and Cloudinary (80x). Despite only raising $1.4M in venture capital, Zapier hit $100M ARR in just under 10 years-compare to Shopify at 6 years and Carta at 6.5 years.In March of 2021, Zapier hit $140M in ARR, growing at about 50% from the year before and maintaining a 50% CAGR3, comparable to Shopify and CrowdStrike and faster than Datadog (40%), DocuSign (40%), and Twilio (35%).Our model values Zapier at $7B in the company’s base case, about 40% higher than the $5B price at which early investors recently sold stock to Sequoia and Steadfast Financial in a secondary sale.Zapier is an integration platform and marketplace that gives non-technical end-users the ability to use “triggers” and “actions” to connect SaaS applications that aren’t natively integrated.We’re changing it to PDF to generate PDF contracts from the Word template.Unless Zapier attacks these competitive threats head-on, Zapier could ultimately end up like Dropbox: a $10B+ company that could have been worth much more. As a result, we’ll receive an agreement with the name - Service Contract/Bear Paw Solutions.īy default, it is the same as your template’s format. For instance, we use the following tokens to define the output file name. They work the same way as in the template. Change it to Active to remove the watermark. It means you won’t be charged for this process runs, but result documents will have a Plumsail watermark.
Here you’ll see the following parameters: Learn how Plumsail Documents Word DOCX templates work here.Ĭlick Save & Next to go to the Settings substep. They work quite simply and support even some complex logic with tables, charts, conditions, and more. Everything in the curly brackets will be replaced with Airtable data dynamically. In the Editor mode, you can adjust the document template to your needs. Then you’ll jump to the ‘Configure template’ step. Name the process and click ‘Next’ to proceed.
We select the service contract template for our scenario: You’ll be redirected to the library of document templates. In the Processes section, click on the ‘Add process’ button and select ‘Start from template’: Convert DOC, XLS, PPT to DOCX, XLSX, PPTXįirst, register or log in to your Plumsail account.Aliases in DOCX, XLSX, and PPTX templates.Operations in DOCX, XLSX and PPTX templates.Value properties in DOCX, XLSX and PPTX templates.