Artem Borodatyuk

So if I want to be SEO specialist and work with NathanLatka.com, I need some information about your positions, about your search success and search success of your competitors.

So at that moment, we had no such information at all.

So we had to create Serpstat for our own purposes.

Serpstat at that time had no dedicated team at all when we started.

It was in the beginning of 2013.

But two years later, in April 2015, in-house product become an independent company.

From this moment, Serpstat started its growth.

In April 2015.

So it was independent company, independent office, team, etc.

Inside the agency, we started building it in 2013.

We had money in NetBeak for Serpstat growth at the beginning, but we had no dedicated team.

So it was $5,000 burn rate for this company.

It's very easy.

Per month?

I mean, yeah, per month.

Yeah, for developers and we had no dedicated team in terms of support, customer success, sales guys.

It was tool for Netpeak only.

And then we in 2015 decided to start it like independent business and we very soon became leaders on the Ukrainian, Bulgarian, Russian markets.

So in 2016 we received from local VC fund Digital Future

Okay, and is that all you've raised so far?