Related party transactions

6 Months Ended

Jun. 30, 2022

Related Party Transactions [Abstract]

Related party transactions

13. Related party transactions

Naspers Ltd. (“Naspers”) is affiliated with OLX Global B.V., where a member of the Company’s Board of Directors serves as an executive officer, and Prosus N.V., where another member of the Company’s Board of Directors serves as an executive officer. Naspers, and another entity affiliated with Naspers, are also customers of the Company’s Enterprise subscription offering. The Company recorded $0.4 million and $0.3 million of revenue from services provided to these customers during the three months ended June 30, 2022 and 2021, respectively, and $0.8 million and $0.6 million for the six months ended June 30, 2022 and 2021. As of both June 30, 2022 and December 31, 2021, the Company had an accounts receivable balance with these customers of $0.1 million.

Insight Partners, where a member of the Company’s Board of directors is a Managing Director, is affiliated with certain vendors that the Company has contracted to provide technology and software solutions. During the three months ended June 30, 2022 and 2021, the Company recorded $0.3 million and $0.2 million of expenses with these vendors, respectively. During the six months ended June 30, 2022 and 2021, the Company recorded $0.5 million and $0.3 million, respectively, of expense with these vendors. As of June 30, 2022 and December 31, 2021, the Company had an accounts payable balance with these vendors of $0.2 million and $0.1 million, respectively.

Certain members of the Company’s Board of Directors also serve as executive officers for customers of the Company’s Enterprise subscription offering. The Company recorded $0.1 million and $0.2 million of revenue from services provided to these customers during the three and six months ended June 30, 2022, respectively, and an immaterial amount of revenue for the three and six months ended June 30, 2021. As of June 30, 2022, the Company had an immaterial accounts receivable balance with these customers, and a balance of zero as of December 31, 2021.