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Balaji Gopalan

๐Ÿ‘ค Speaker
130 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1726 HealthTech Company Expects To Hit $1m in ARR As Critical Tech During COVID

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1726 HealthTech Company Expects To Hit $1m in ARR As Critical Tech During COVID

Well, sorry.

SaaS Interviews with CEOs, Startups, Founders
1726 HealthTech Company Expects To Hit $1m in ARR As Critical Tech During COVID

1.8, 1.8 was the raise.

SaaS Interviews with CEOs, Startups, Founders
1726 HealthTech Company Expects To Hit $1m in ARR As Critical Tech During COVID

And then we'd raised half a million before that.

SaaS Interviews with CEOs, Startups, Founders
1726 HealthTech Company Expects To Hit $1m in ARR As Critical Tech During COVID

Oh, got it.

SaaS Interviews with CEOs, Startups, Founders
1726 HealthTech Company Expects To Hit $1m in ARR As Critical Tech During COVID

So 2.3 total, uh, since the life of the company.

SaaS Interviews with CEOs, Startups, Founders
1726 HealthTech Company Expects To Hit $1m in ARR As Critical Tech During COVID

And, uh, and we use that, we use the raise to rebuild a new product called med stack control, which delivers all of the same privacy and security commitments we delivered to those original set of customers, uh,

SaaS Interviews with CEOs, Startups, Founders
1726 HealthTech Company Expects To Hit $1m in ARR As Critical Tech During COVID

but now introduces a lot more power for them.

SaaS Interviews with CEOs, Startups, Founders
1726 HealthTech Company Expects To Hit $1m in ARR As Critical Tech During COVID

Because the problem was before, they would need to work with us if they wanted to make any iterative changes to the technology architecture to support their app.

SaaS Interviews with CEOs, Startups, Founders
1726 HealthTech Company Expects To Hit $1m in ARR As Critical Tech During COVID

A bigger server, a different server, a different kind of framework running on the server.

SaaS Interviews with CEOs, Startups, Founders
1726 HealthTech Company Expects To Hit $1m in ARR As Critical Tech During COVID

All the security stuff we were handling, but their ability to iterate was limited because it was a concierge service through us.

SaaS Interviews with CEOs, Startups, Founders
1726 HealthTech Company Expects To Hit $1m in ARR As Critical Tech During COVID

MedStack Control is a completely self-service machine-driven system.

SaaS Interviews with CEOs, Startups, Founders
1726 HealthTech Company Expects To Hit $1m in ARR As Critical Tech During COVID

So they have a console, they can log in, they can add and delete administrative users.

SaaS Interviews with CEOs, Startups, Founders
1726 HealthTech Company Expects To Hit $1m in ARR As Critical Tech During COVID

and change and grow and shrink the infrastructure as they need.

SaaS Interviews with CEOs, Startups, Founders
1726 HealthTech Company Expects To Hit $1m in ARR As Critical Tech During COVID

So we launched that the third quarter of 2019.

SaaS Interviews with CEOs, Startups, Founders
1726 HealthTech Company Expects To Hit $1m in ARR As Critical Tech During COVID

It's the only thing we're selling now.

SaaS Interviews with CEOs, Startups, Founders
1726 HealthTech Company Expects To Hit $1m in ARR As Critical Tech During COVID

It's completely changed our kind of sales cycle.

SaaS Interviews with CEOs, Startups, Founders
1726 HealthTech Company Expects To Hit $1m in ARR As Critical Tech During COVID

And then we've also introduced a new business model that's more in tune with our value proposition.

SaaS Interviews with CEOs, Startups, Founders
1726 HealthTech Company Expects To Hit $1m in ARR As Critical Tech During COVID

This is actually a very recent development, but it's worked very, very well for us.

SaaS Interviews with CEOs, Startups, Founders
1726 HealthTech Company Expects To Hit $1m in ARR As Critical Tech During COVID

So now we're saying,