Andrew Steele
๐ค SpeakerAppearances Over Time
Podcast Appearances
How much are you looking to raise?
So our initial raise, our bogey is a million.
And, you know, the goal with that is to get from, you know, where we are today, which is about 10-ish K MRR to 80, to a million, you know, basically that to get to that hurdle for the Series A.
And so, you know, we're, we're on our goal for the end of this quarter for one Q is, is to get to two 50 and we can point to about a third of that.
So we're two 50 in ARR in ARR.
Sorry.
Yes.
I haven't started it now.
Current thinking is we'll start that in earnest towards the end of this quarter, early next quarter.
I see.
I think with that valuation story, raising here in the Phoenix market, somewhere in the six to eight pre range, if we're being really aggressive.
As you know, valuations are lower here than they are in the Bay Area or in the Northeast.
So that's sort of our realistic, I think, goal.
Today, we've got about 10 brands on the platform.
We're working on a couple of partnerships that will give us much broader reach into specific market segments.
that we also hope to launch by the end of this quarter.
And that's really sort of our two swim lane go to market where we're going to be selling direct to brands, but also building partnerships, loyalty platforms, you know, vertical app platforms where we can get reach to a broader set of customers and ultimately end users that way.
That's a great question.
I'm going to guess it's somewhere in the $80,000 to $100,000 range.
So we're five full-time today.