New Relic for Startups Expands to Help Hundreds of Early-Stage Companies Scale

New Relic for Startups Expands to Help Hundreds of Early-Stage Companies Scale

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INDIA — November 2, 2022 — New Relic (NYSE: NEWR) announced a collaboration with Carta and Zendesk to expand access to its startup program to empower early-stage engineering teams with access to the same tools used by world-class organisations. This collaboration accelerates New Relic’s goal to democratise access to observability so that all engineering teams can monitor, debug, and optimise their entire stack to deliver better customer experiences.

New Relic for Startups launched in 2021 with the goal to give every engineer at startups the tools to deliver software with confidence without compromising vendor choices due to cost or engineering constraints. The program has rapidly grown to include hundreds of early-stage startups across every industry, from finance and media to gaming and retail. New Relic for Startups customers include companies like Fello, India’s first game-based savings app that’s on a mission to improve financial literacy for Millennials and Gen-Zs in India. Founded in late 2020, Fello is merging the world of gaming and finance to help its customers save, play and grow their money. Fello is backed by Entrepreneur First and trusted by CIIE.Co of IIM-Ahmedabad.

“New Relic has been very insightful for our business,” said Shourya Lala CTO and co-founder of Fello. “The platform was easy to integrate with our tech stack and enabled us to make informed, data-driven decisions as we grow and scale.”

To expand the reach of the program, Carta and Zendesk have collaborated with New Relic for Startups to provide best-in-class platforms to scale both engineering and business practices to the next generation of founders. This includes making the New Relic observability platform accessible to fast-growing startups that are currently using Carta or Zendesk tools. In addition, companies in the New Relic for Startups program have greater access to tools and resources provided by Carta and Zendesk. Benefits for eligible startups include:

Access to the same developer tools world-class engineering organisations use to observe, analyse, and improve the performance of their software, including the New Relic observability platform that unifies 16 monitoring tools in one.
Generous credits and discounts across the New Relic observability platform, Carta’s equity management and company-building solutions, and Zendesk’s customer service, engagement, and sales CRM solution so startups can focus on building companies around big ideas while preserving burn rates.
Easier qualification across the three programs. Startups already qualified for Carta and Zendesk’s programs will likely qualify for New Relic for Startups, and startups in the New Relic for Startups program will likely qualify for programs provided by Carta and Zendesk.

“Startups are the lifeblood of the Indian tech industry. They inspire us all with their creative ideas and entrepreneurial spirit, however access to powerful tooling can be cost prohibitive for businesses trying to get off the ground,” said New Relic General Manager Enterprise Business India, Vidhur Bhagat. “Every startup and every engineer deserves access to observability, and broadening of the New Relic for Startups program means that even early-stage startups can access a world-class observability platform to build and scale their business.”

“The Carta startup program is designed to help founders scale and make software buying decisions easier. We’re thrilled to partner with New Relic for Startups to provide our founders with a world-class observe ability platform to monitor their entire technology stack,” said Carta Head of Strategy and Tech Partnerships, Marisabel Agosto.

“We at Zendesk are excited to partner with the New Relic team,” said Zendesk for Startups Partnership Manager, Adam O’Donnell. “We have thousands of startups apply for our program each year, and we try to help them grow by offering deals from other great companies. We believe New Relic will help our founders ship better software faster by monitoring and debugging their stack accurately.”

Startups can apply for New Relic for Startups directly through New Relic, or by visiting Carta startup stack or Zendesk dealbook. To qualify for New Relic for Startups, startups must be seed to pre-series B in the financing, less than 10 years old, not a current New Relic customer, and have fewer than 100 employees.

Forward-looking statements

This press release contains “forward-looking” statements, as that term is defined under the federal securities laws, including but not limited to statements regarding New Relic for Startups, our joint initiatives with Carta and Zendesk, and any anticipated benefits, future opportunities and impacts on our business and financial results related thereto, as well as the anticipated performance and benefits of our tools. The achievement or success of the matters covered by such forward-looking statements are based on New Relic’s current assumptions, expectations, and beliefs and are subject to substantial risks, uncertainties, assumptions, and changes in circumstances that may cause New Relic’s actual results, performance, or achievements to differ materially from those expressed or implied in any forward-looking statement. Further information on factors that could affect New Relic’s financial and other results and the forward-looking statements in this press release is included in the filings New Relic makes with the SEC from time to time, including in New Relic’s most recent Form 10-Q, particularly under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” Copies of these documents may be obtained by visiting New Relic’s Investor Relations website at or the SEC’s website at New Relic assumes no obligation and does not intend to update these forward-looking statements, except as required by law.