With the used car market expected to surpass $400 billion in the U.S. by 2026
[https://www.mordorintelligence.com/industry-reports/global-used-car-market-growth-trends-and-forecast-2019-2024#:~:text=The%20used%20car%20market%20was,10%25%20during%20the%20forecast%20period.&text=However%2C%20a%20lack%20of%20financing,the%20growth%20of%20the%20market.]
, along comes Pleasant
Less than 11 months after raising $108 million in Series B funding and 5 months after naming a new CEO, SimpleNexus is fetching a hefty 28.8X multiple against its 12-month trailing revenue of $41.6 million from publicly traded nCino.
As it turns out, the process for determining whether or not a patient has skin cancer or some other type of disease/condition is essentially the same as it was back in 1978