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Adam Robinson

๐Ÿ‘ค Speaker
726 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 488: Hireology $26M Raised, $1.2M MRR, Helping 4000 Customers Hire More Effectively with Hireology CEO Adam Robinson

And so we have enough of those accounts closing a month to have the metrics look really good.

SaaS Interviews with CEOs, Startups, Founders
EP 488: Hireology $26M Raised, $1.2M MRR, Helping 4000 Customers Hire More Effectively with Hireology CEO Adam Robinson

You know, so we've got just over a hundred employees.

SaaS Interviews with CEOs, Startups, Founders
EP 488: Hireology $26M Raised, $1.2M MRR, Helping 4000 Customers Hire More Effectively with Hireology CEO Adam Robinson

Half of those are sales or customer success or support.

SaaS Interviews with CEOs, Startups, Founders
EP 488: Hireology $26M Raised, $1.2M MRR, Helping 4000 Customers Hire More Effectively with Hireology CEO Adam Robinson

Well, what I'll tell you is that we're able to get payback in a customer in about seven to eight months.

SaaS Interviews with CEOs, Startups, Founders
EP 488: Hireology $26M Raised, $1.2M MRR, Helping 4000 Customers Hire More Effectively with Hireology CEO Adam Robinson

So, you know, we're able to do that and we're able to, you know, to get somewhere between.

SaaS Interviews with CEOs, Startups, Founders
EP 488: Hireology $26M Raised, $1.2M MRR, Helping 4000 Customers Hire More Effectively with Hireology CEO Adam Robinson

Uh, seven and 10, depending on the industry vertical, uh, you know, ratio of lifetime value to that acquisition cost.

SaaS Interviews with CEOs, Startups, Founders
EP 488: Hireology $26M Raised, $1.2M MRR, Helping 4000 Customers Hire More Effectively with Hireology CEO Adam Robinson

And so the, the, the, the numbers are good at the, you know, the business is scaling.

SaaS Interviews with CEOs, Startups, Founders
EP 488: Hireology $26M Raised, $1.2M MRR, Helping 4000 Customers Hire More Effectively with Hireology CEO Adam Robinson

Yeah, more of the latter and why we like these markets.

SaaS Interviews with CEOs, Startups, Founders
EP 488: Hireology $26M Raised, $1.2M MRR, Helping 4000 Customers Hire More Effectively with Hireology CEO Adam Robinson

I mean, it's just close to how I'm wired as an individual.

SaaS Interviews with CEOs, Startups, Founders
EP 488: Hireology $26M Raised, $1.2M MRR, Helping 4000 Customers Hire More Effectively with Hireology CEO Adam Robinson

We want to sell to owners whose name's on the sign or whose personal balance sheet is invested in the business because if they see value, they buy as opposed to corporate where the decisions to buy or not to buy are often based on factors that have nothing to do with value delivery and it takes forever and it's a lot longer and it's a lot more crowded.

SaaS Interviews with CEOs, Startups, Founders
EP 488: Hireology $26M Raised, $1.2M MRR, Helping 4000 Customers Hire More Effectively with Hireology CEO Adam Robinson

And so what we see

SaaS Interviews with CEOs, Startups, Founders
EP 488: Hireology $26M Raised, $1.2M MRR, Helping 4000 Customers Hire More Effectively with Hireology CEO Adam Robinson

You know, the folks who we're compared to in our industry sell to the top 50,000 employers in the U.S., but there's 7 million employers in the U.S.

SaaS Interviews with CEOs, Startups, Founders
EP 488: Hireology $26M Raised, $1.2M MRR, Helping 4000 Customers Hire More Effectively with Hireology CEO Adam Robinson

Nobody's talking to.

SaaS Interviews with CEOs, Startups, Founders
EP 488: Hireology $26M Raised, $1.2M MRR, Helping 4000 Customers Hire More Effectively with Hireology CEO Adam Robinson

And that's the market we want to be in.

SaaS Interviews with CEOs, Startups, Founders
EP 488: Hireology $26M Raised, $1.2M MRR, Helping 4000 Customers Hire More Effectively with Hireology CEO Adam Robinson

Yeah, you can find us at www.hierology.com or connect with me on Twitter at AD Robbins.

SaaS Interviews with CEOs, Startups, Founders
EP 488: Hireology $26M Raised, $1.2M MRR, Helping 4000 Customers Hire More Effectively with Hireology CEO Adam Robinson

You know, send me a message on LinkedIn or an email a Robinson at hierology.com.

SaaS Interviews with CEOs, Startups, Founders
EP 488: Hireology $26M Raised, $1.2M MRR, Helping 4000 Customers Hire More Effectively with Hireology CEO Adam Robinson

Bootstrapped for the first two years and we did institutional institutional raise in 2014.

SaaS Interviews with CEOs, Startups, Founders
EP 488: Hireology $26M Raised, $1.2M MRR, Helping 4000 Customers Hire More Effectively with Hireology CEO Adam Robinson

So we've got some some fairly well-known VCs involved in our business for the last two years.

SaaS Interviews with CEOs, Startups, Founders
EP 488: Hireology $26M Raised, $1.2M MRR, Helping 4000 Customers Hire More Effectively with Hireology CEO Adam Robinson

What was the total round size?

SaaS Interviews with CEOs, Startups, Founders
EP 488: Hireology $26M Raised, $1.2M MRR, Helping 4000 Customers Hire More Effectively with Hireology CEO Adam Robinson

We've raised $26 million in two rounds from 2014 to 2016 from Bain Capital Ventures and Baird Venture Partners here in Chicago.