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Amkaram Chandani

๐Ÿ‘ค Speaker
165 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

Sure.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

So every trucking company, they have to follow certain guidelines.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

FMCSA is Federal Motor Carrier Administration, and DOT is the Department of Transportation.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

So if you have a trucking company or you are driving a commercial vehicle on the road,

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

you need to follow certain guidelines put by FMCSA.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

And what we have done is we have put together a consolidated one-stop shop platform for all the trucking companies to basically fulfill the requirement laid out by the FMCSA.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

A number of drivers.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

So right now we have about 1400 and we actually launched this product last year in August.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

And since then we have been consistently getting about 200 to 300 customers every month.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

One customer have multiple drivers.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

So we have few customers have 10, 20, 15 drivers as well.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

Right now, we have 17 drivers in one customer, but we are actually talking to three customers.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

One customer has 500 drivers, one customer has 2,000, and another customer has about 1,500.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

Those are kind of enterprise customers for us.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

And initially we were just focusing on the individual, you know, call owner operators, which is, you know, one single person driving the truck and those kinds of things.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

So we are focusing on that.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

Now we are actually getting into enterprise space, which is more larger, bigger carriers.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

So we have 670 or about 700 paying customers.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

No, this is last mile plus the long haul, which is the first mile.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

And yeah, this is over the road.

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