Menu
Sign In Search Podcasts Libraries Charts People & Topics Add Podcast API Blog Pricing

Ahikam Kaufman

๐Ÿ‘ค Speaker
202 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

Actually, it was close to $400 million.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

I would say our largest engagement is around $300,000 right now.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

In Q2 of 2014, when we sold the company to Intuit, we were like the largest M&A deal, according to the Wall Street Journal, by coincidence.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

Very large audience.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

I would prefer not to share that if that's okay.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

So we have about 15 paying customers.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

You have to understand we are selling powerful data and automation platform for the office of the CFO.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

Yeah, hopefully.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

What we are basically selling is the ability to understand your financial data across system, validate it, check it, and replace significant manual work, which today is being done by accountants.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

One of the challenges in the office of the CFO is there is a gap between what an accountant is trained to do and what he needs to do, which is basically check his data across multiple systems in real time, across structured and unstructured data.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

And we now, using the benefits and power of AI, we can fully automate that work.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

I'm sorry.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

So that's like a great example, but doesn't fit our ICP.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

We're catering to large enterprises, companies, public companies who need to execute governance across their data.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

For the most part, they're not using the platform you mentioned, and they're using a flow of other systems.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

And the way they do business and conduct the business where we currently focus, which is order to cash and revenue and billing integrity, is very, very cumbersome, manual, and

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

process through multiple systems like CRM, billing, coding, ELP, and so on.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

Right.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

So think about a company issuing a quote for a product or service, right, which then translates into a contract.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

The contract has many terms.

โ† Previous Page 1 of 11 Next โ†’