Zachary Cummins's questions to FiscalNote Holdings (NOTE) leadership • Q1 2025
Question
Zachary Cummins of B. Riley Securities questioned management's confidence in converting the new pipeline into closed deals to drive a return to ARR growth. He also asked if the noted increase in multi-year contracts is part of a new, deliberate go-to-market strategy.
Answer
CEO and President Joshua Resnik expressed high confidence in pipeline conversion, citing strong product engagement metrics, improved go-to-market execution, and robust underlying demand. He confirmed that seeking multi-year deals was a deliberate strategy introduced with PolicyNote, stating that the success, with new corporate logos signing on at double the rate of a year ago, reflects customer confidence in the product's long-term roadmap rather than aggressive discounting.