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SEMRUSH Semrush Announces Second Quarter 2021 Financial Results BOSTON , August 9 , 2021 / Businesswire / -- Semrush Holdings , Inc. ( NYSE : SEMR ) , a leading online visibility management SaaS platform , today reported second quarter 2021 financial results for the quarter ended June 30 , 2021 . ● More than 76,000 Customers as of June 30 , 2021 Second Quarter Revenue of $ 45 million " Semrush entered April with strong momentum , and we sustained that momentum through the second quarter as we grew revenue 13 % sequentially and 58 % year over year . The year over year increase was driven by a 29 % growth in paid users and average check growth of 19 % . " said Oleg Shchegolev , CEO and Founder of Semrush . ● Exhibit 99.1 " We continued to add new capabilities to our platform in the second quarter . Our Social Media Marketing toolkit ended the quarter with more than 30 thousand active users , up 25 % sequentially . We also saw rapid growth for our Local Listing Management add - on , as revenue more than doubled from the previous year . I believe these examples illustrate how enhancements to the Semrush platform further extend our advantage over point solution providers , " added Mr. Shchegolev . Second Quarter 2021 Financial Highlights Total revenue of $ 45 million , up 58 % year over year and up 13 % sequentially ARR of $ 188 million as of June 30 , 2021 , up 57 % year over year Dollar based net revenue retention of 121 % , up 500 basis points sequentially Net loss of $ 279 thousand , an improvement from a loss of $ 2.1 million a year ago Non - GAAP net income , which excludes stock - based compensation expense , of $ 290 thousand , an improvement from a loss of $ 1.9 million a year ago Over 76,000 customers as of June 30 , 2021 , up 29 % compared to a year ago ( excludes Prowly customers ) ● See " Non - GAAP Financial Measures & Definitions of Key Metrics " below for how Semrush defines ARR , dollar based net revenue retention , non - GAAP net income ( loss ) , and the financial tables that accompany this release for reconciliations of each non - GAAP financial measure to its closest comparable GAAP financial measure . Business Highlights Total add - on revenue growth of more than 75 % from the previous year with particular strength in Local Listings Management , which more than doubled . Strong user response to Semrush's Core Web Vitals , which upon launch has become one of the most popular reports within our Site Audit product . This report helps customers optimize their website user experience and improve organic search rankings .