I think the current growth rate for customer acquisition might...

I think the current growth rate for customer acquisition might be maintained [with the CR targeting that] which gives me a number of something like 2650 customers by June '21. But if I factor in the average spend of all new customers being $140k the projected ARR tops out around $250M...

I think the growth projection and potential ARR offered by the company is fair [based on the response so far] and they might well exceed it.

I much prefer to use conservative assumptions for this sort of thing. The CR will also produce a higher cashburn and so we will see a balancing act between spend and customer acquisition. fwiw... I think, on the face of it the company has been quite restrained in accelerating its growth. If all goes well this money might be the last of the early CR's required for take-off...

As I said at the beginning... I am new to this company and my opinions are not well researched. Perhaps you have a better handle on it.