Strong Q3 Revenue Growth
Q3 revenue was $18.6 million, up 8% year-over-year, exceeding the high end of guidance, driven by stronger-than-expected Commerce revenue and continued EBITDA growth.
AI Teaching Assistant Rollout
The AI Teaching Assistant was rolled out to select customers, receiving strong feedback, with general availability slated for early 2026.
Commerce Revenue Growth
Commerce revenue was $3.4 million, up 23% year-over-year, driven by a penetration rate increase to 61% from 47% the prior year.
Plus Revenue and Customer Engagement
Plus revenue was $4.9 million, up 17% year-over-year, with over half of new deals being multiyear and including price escalators, indicating strong customer commitment.
Sales Pipeline Growth
Sales pipelines have grown significantly year-over-year, with larger enterprise engagements representing six-figure opportunities.