Semrush ends 2022 with 95,000 customers, 35% revenue growth

Customer growth increased Semrush’s full-year revenue by 35% in 2022 to $254.3 million, up from 188.0 million in 2021. The company is financially strong; cash and short-term investments totaled $237.5 million at the end of 2022. Semrush added 13,000 customers in 2022 and ended the year with 95,000 paying customers, up from 82,000 customers in 2021. Semrush customers who paid more than $10,000 annually grew by more than 50% year-on-year. Only “minor fine-tuning” need to help Semrush customers be found in chat-based search.