Could Samsara be the next Palantir? AI-powered operational data
Samsara helps organizations manage vehicles and equipment with software, using AI to boost operational efficiency. Revenue grew from about $250 million in 2021 to over $1.84 billion in the past 12 months, and free cash flow swung from about $150 million cash burn in 2023 to $255 million. Investors are watching whether its growth can justify a high valuation.