logo
$1.2m In ARR In 45 Days - Silicon Valley Sales Giants Under Threat As Bebop Takes Aim

$1.2m In ARR In 45 Days - Silicon Valley Sales Giants Under Threat As Bebop Takes Aim

Scoop01-07-2025
Wellington, New Zealand – Black Pearl Group Limited (NZX:BPG) has announced that Bebop, its latest AI-driven sales enablement product, has reached $1.2 million in Annual Recurring Revenue (ARR) in just 45 days - making it the fastest-growing product in the company's history. Bebop achieved this milestone at twice the speed of Pearl Diver, itself a standout performer with $10 million of ARR within 24 months.
Most SMEs have been locked out of high-quality sales intelligence - legacy platforms like ZoomInfo, Clearbit, and Apollo are built for enterprise and priced accordingly. Bebop changes that. In just seconds, this AI sales agent scans millions of US-based companies to deliver a hyper-targeted list of verified decision-makers, complete with personalised strategic dossiers.
'Bebop is like ChatGPT, but specifically built for sales and revenue growth. This is one of the fastest go-to-market trajectories we've seen across the SaaS and AI landscape, and customers have rapidly validated our value proposition. We hit it out of the park with Pearl Diver, so it's extremely exciting to see Bebop overtake its impressive early adoption. Bebop's traction validates our core thesis: that speed, usability, and value drive adoption. And our platform was built to scale these advantages, fast' comments Nick Lissette, Chief Executive Officer
Faster and more intelligent for a fraction of the cost
Bebop delivers enterprise-grade sales intelligence at a fraction of the cost of other platforms - finally making AI-powered sales intelligence accessible to the SME market.
'There's rising demand for AI-native, cost-effective sales tools that solve real SME challenges. With Bebop, we imagined unlocking unlimited revenue opportunities and cutting-edge business intelligence. Early customer feedback highlights Bebop's ability to 'save hours in research,' 'generate customers effortlessly,' and 'bring the power of AI to the everyday business owner'. That's real results; and a real threat to Silicon Valley sales giants,' believes Lissette.
He adds that this previous generation of B2B tools relies on SQL queries over large databases, with apps designed to make that experience as seamless as possible. 'Bebop has intelligence at its core - genuinely understanding what a business provides and exactly who needs it. Our product delivers a fundamentally different experience that unlocks deep insights that fuel measurable revenue growth.'
Doubling down on AI's potential
Bebop was developed and taken to market in just 90 days. This was only possible because of years of investment into Blackpearl Group's proprietary software and data platform - formally known as Pearl Engine - a testament to the company's rapid innovation and robust technology infrastructure.
'That conviction has been validated. The results show Bebop is not just viable – it's a force multiplier for BPG's revenue growth. It now stands alongside Pearl Diver as a key driver in our product portfolio, reinforcing our strategy of building scalable, high-impact tools for customer acquisition,' reiterates Lissette. 'Bebop's rapid market-fit means our line of sight on $20M ARR is even clearer. And this also will greatly contribute to our medium target of $50M ARR.'
'We have deliberately invested since our capital raise intovplatform development and talent acquisition. The vision and engine is working. Our investment and market timing have aligned. With two products both demonstrating scale and demand, we're well positioned for sustained growth,' concludes Karen Cargill, Interim Chief Financial Officer
About Blackpearl Group
Blackpearl Group (BPG) is a market leading data technology company that pioneers AI-driven sales and marketing solutions for the US market. Specifically engineered for small-medium sized businesses (SMEs), BPG consistently delivers exceptional value to its customers. Our mantra is simple: 'Better Growth Together'. When our customers win, we win.
Founded in 2012, BPG is based in Wellington, New Zealand, and Phoenix, Arizona.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Bremworth to restore woollen yarn production in Napier and hire up to 40 people
Bremworth to restore woollen yarn production in Napier and hire up to 40 people

NZ Herald

time9 hours ago

  • NZ Herald

Bremworth to restore woollen yarn production in Napier and hire up to 40 people

A dyehouse and more recently a finishing line have been restored on site since the cyclone and the company announced on Thursday it was spending $6m to reinstate its yarn-making equipment. Bremworth's new chief executive Craig Woolford said the investment was 'huge' for the plant and business. 'Basically, what it is going to enable the plant to do is make yarn,' he said. 'We haven't been able to do that for a long time [at Napier]. 'It will be a fully-functioning spinning plant at the end of October. 'That was its sole purpose [before the cyclone] – a spinning plant.' The woollen yarn from Napier will be sent to Auckland to be made into carpet. Bremworth also has a spinning plant in Whanganui. 'For the past couple of years, Bremworth has been buying yarn from all around the world, with little control over quality etc, and having to carry huge inventories to cover the long lead times,' Woolford said. 'So it makes perfect sense to bring all our yarn manufacturing back in-house with the spinning plant in Whanganui and the spinning plant [in Napier], which will be fully operational at the end of October.' The Napier plant will run as a smaller model than it was before the cyclone. 'To put it in perspective, we had up to six cards [large machines for making yarn] running, we are now going to have two cards running fulltime,' he said, of the new Napier facility. 'Unfortunately, the wool share of the New Zealand soft flooring market has been shrinking. 'So we have sized the business up to our market share at the moment. 'There is significant investment going into the sales side of our business and, I guess, if we get to a point where we are pushed to capacity, then we can put another card on.' He said that would lead to more staff being hired. Not including the 40 new staff being hired, the plant has a team of about a dozen for the existing finishing line and dyehouse, plus further engineers on site. The exterior of the plant is still visibly damaged from the cyclone and Woolford said that would be fixed, probably by the end of the year. Part of it will also be knocked down. Bremworth is an NZX-listed company. In February, the company announced it had reached a 'full and final settlement agreement' with its insurers in relation to the cyclone of $104m. Another significant company in the wool industry, WoolWorks NZ, is located directly across the road from Bremworth on Waitangi Rd and underwent a full rebuild after the cyclone. Gary Hamilton-Irvine is a Hawke's Bay-based reporter who covers a range of news topics including business, councils, breaking news and cyclone recovery. He formerly worked at News Corp Australia.

Farmers 'going hell for leather' to take advantage of high prices
Farmers 'going hell for leather' to take advantage of high prices

RNZ News

timea day ago

  • RNZ News

Farmers 'going hell for leather' to take advantage of high prices

Rosalind Crickett said it looked like dairy farmers were "going hell for leather" as they took advantage of high milk prices. Photo: 123rf Some milk processing factories are bursting at the seams as huge volumes of milk are trucked to their plants, according to a dairy analyst at NZX. Rosalind Crickett says there was a record collection of milk solids last month - nearly 18 percent more than the same time last year. It was also nearly 12.5 percent higher than the last five years' average. Crickett said it looked like dairy farmers were also "going hell for leather" as they took advantage of high milk prices. Crickett described June's national milk collections as "off to a flying start" with 23,956,000kg of milk solids collected - a record for the month and surpassing expectations. While off a low base, the figure marked a 17.8 percent year-on-year (YoY) leap on June 2024, and a 14.8 percent improvement on the previous record (June 2022). There were 261,000 tonnes of milk collected in June, also a record, with the figure up 14.6 percent YoY and up 9.9 percent on the rolling average of 238,000 tonnes. This month's milk supply was also expected to be up by 10 percent, partly due to lush pasture growth particularly in the South Island, where not as many farmers dry off at this time of the year compared to further north. Butter - getting expensive. Photo: Margaret Jaszowska for Unsplash But would so much milk arriving at processing plants lead to a drop in the price of locally sold butter for consumers ? Crickett said that would depend on how much milk was able to be processed in other countries next month and sold in international auctions at the same time as New Zealand. "If there is not as much in the northern hemisphere, it's because we are seeing drought across Europe impacting their grain production for cattle feed. And we are seeing water supply issues as well. "That will be a price support for New Zealand products because they are going to need to export more to make up for that deficit globally." She said grass conditions seemed to be set up well for the spring flush with an overwhelming abundance of moisture in the ground, but avoiding pugging damage may become a headache for farmers before then. However, the large quantity of milk produced was expected to continue, and Cricket said it would be interesting to see what transpired. Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

Head of NZ stock exchange Mark Peterson resigns
Head of NZ stock exchange Mark Peterson resigns

RNZ News

timea day ago

  • RNZ News

Head of NZ stock exchange Mark Peterson resigns

Head of the NZ Stock Exchange Mark Peterson said the time was right to stand down. Photo: RNZ / Dom Thomas The head of the NZ Stock Exchange (NZX), Mark Peterson, has resigned and will leave in April next year after close to a decade in the position. He said he was close to achieving certain projects aimed at developing and bringing growth for the company, and it was an appropriate time to be going. "The company is in a strong position financially - including NZX Wealth Technologies now being cashflow positive from external client activity. "NZX has an experienced and talented senior management team, is operating up-to-date and secure technology infrastructure and has a positive organisational culture and relationships with customers, stakeholders and shareholders. "This demonstrates the time is right for me to stand down and for the NZX board to appoint a new chief executive to lead NZX into the future and continue to deliver its strategic priorities." Peterson said giving such advance warning would allow a smooth transition and give plenty of time to search for a new chief executive. He joined NZX in 2015 as the head of its markets operations, was appointed acting chief executive in January 2017 and confirmed in that position in April 2017. His term was extended in August 2023. NZX chairperson John McMahon said Peterson had been an exceptional leader of NZX. "He is a highly effective all-round performer who has calmly and ably led the NZX Group through some challenging and volatile times. "Mark has also built strong relationships in New Zealand and internationally, in particular the business partnerships we have with the Singapore Stock Exchange and the European Energy Exchange." Peterson counted the launch of NZX's anonymous mid-point trading venue, NZX Dark, its equity futures products, and the expansion of its wealth management business, Smart, as key achievements. He said he believed he still had another executive role in him but did not have any firm plans other than taking a break. Sign up for Ngā Pitopito Kōrero , a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store