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Added to YB: 2024-12-04

Pitch date: 2024-09-30

IOT [bullish]

Samsara Inc.

-5.12%

current return

Author Info

No bio for this author

Company Info

Samsara Inc. provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally.

Market Cap

$29.8B

Pitch Price

$48.01

Price Target

N/A

Dividend

N/A

Sector

Software

Category

growth

Show full summary:
Baron Fifth Avenue Growth Fund New Position: Samsara Inc.

IOT: Cloud software for fleet mgmt, $1B ARR. 17,500+ customers, $51B market. Superior tech, multi-use platform, rapid releases. AI-driven insights from 10T+ data points. Prevented 200k accidents, cut 2.3B lbs CO2 in 2023. <50% penetration in existing fleets, cross-sell opportunity. FCF potential 20%+. Long growth runway.

Read full article (2 min)