Culture Amp, one of the country’s biggest private software companies with the backing of major venture firms, lost more than $US96.5 million ($155 million) over the past two years as it funded rapid growth.
But accounts filed with the corporate regulator also show revenue growth is slowing at the start-up, from 32 per cent in 2023 to 19 per cent in the 12 months to June 30, 2024, when it had $US159.8 million in sales.
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