FiscalNote SPAC Presentation Deck
24
4 "Land and Expand" Strategy Fueled by Cross & Upsell
Upselling Potential Enabled by User and Product-Based Pricing
MORE PRODUCTS
FiscalNote
CQ
ROLL
CALL
votervoice
FactSquared
Oxford
Analytica
SHUNGHAM
FIRESIDE
USAGE & WORKFLOWS
~10K -
20k
ACV
Client
Onboarding
3 Users
~20-
50K
ACV
~50K-
100K+
ACV
10 Users
UPSELL
—
20 Users+
DATA & CONTENT
MORE USERS
Increasing Customer Spending - AAV1,2 ($000s)
CAGR4
+2.7%
74 78 78
Public Sector
52%
46%
37%
35
Q2 '19
+5.8%
38 39
Enterprise
Q2 '19
Private Sector Staying Longer - Multi-Year Contracts % of ARR3
67%
59%
58%
Q2 '20
Q2 '20
-Enterprise
+4.5%
16 17 17
Mid-Market
Mid-market
■Q2 '21
+13.0%
8 8 10
-SMB
Customers spending more and staying longer for mission-critical insights
Note: (1) Average Account Value ("AAV") is the total annualized subscription revenue at a point in time divided by the number of active accounts with subscription products; (2) As at June 2021 and excludes
2021 acquisitions; (3) ARR ("Annual Recurring Revenue") is defined as the value of contracted recurring revenue components from subscriptions normalized to a one-year period; (4) Based on specific figures,
not rounded amounts.
SMB
69%
Q2 '21
65%
59%
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