Podium Surpasses $150M in AI Agent ARR in 2.5 Years

LEHI, Utah, Oct. 22, 2026 /PRNewswire/ -- Podium, a leader in AI for local businesses, today announced it has surpassed $150 million in AI-specific annual recurring revenue (ARR). The company reached the milestone in just two and a half years. Its original software business took eight years to reach the same mark.

Three years ago, Podium made a company-wide bet on AI agents that work like employees. The company saw an opportunity to fundamentally change how businesses operate across automotive, home services, aesthetics and health.

"We effectively started a second startup inside an already successful company. In the age of AI, you can either disrupt your own company or wait for somebody else to do it. I'd rather do it ourselves," said Eric Rea, CEO of Podium.

Podium rebuilt its software around that bet. Today, its AI agents answer calls, respond to leads, book appointments, follow up with customers and identify and act on opportunities to grow revenue.

Podium is taking that vision further by building business software around its AI agents. For HVAC, plumbing, electrical and garage door contractors, that means an AI-native field service management system (FSM) that helps schedule jobs, dispatch technicians and grow revenue. In aesthetics, Podium's electronic medical record system (EMR) helps practices manage patients, book treatments and drive repeat visits. In automotive, agents help dealerships turn more leads into test drives, book service appointments and bring customers back for repeat business.

By connecting its agents directly to the systems businesses use every day, Podium is turning business software into an AI workforce that can take action, serve customers and grow revenue.

Today, more than 20,000 Podium AI agents are deployed and have helped Podium's customers generate more than $13 billion in revenue.

About Podium

Founded in 2014, Podium builds AI agents that work like employees for local businesses across automotive, home services, aesthetics and health. Podium has been recognized for Best AI Implementation by Inc. Magazine, highlighted by OpenAI for building revenue-driving AI agents for local businesses, and awarded No. 1 AI Agent for Business Operations by G2.

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SOURCE Podium