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Ben Kartzman

๐Ÿ‘ค Speaker
147 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

Well, yeah.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

So today, Sponge Shell is a dynamic creative company.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

So we work in the advertising technology space.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

What we do is we help marketers.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

We take the data that marketers have and we use that data to make smart decisions around what actual creative digitally to show someone.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

So data can be things like we know for a cell phone company, we know that they have someone who is currently a subscriber.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

is on a certain type of plan, and they want to upsell them into a family plan.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

Have all that data, we know that, and that's a creative message that we show them.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

So what our technology does is manage all of those different variations.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

So we have some customers that can run up to, like, one customer actually did 80 quintillion different possible creative variations when they mixed.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

This was a supermarket chain.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

You can mix price with product.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

uh description all the sort of content around it and then recommend that to different customers and show three different products in the same piece of creative so the variations can grow very very quickly uh and it's all the logic behind how that happens and then the optimization around uh around that that our technology provides so how are you making money i mean is it a sas platform a flat fee per some usage metric or is it a percentage of spend like how do you make money

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

Yeah, so we sell a license to the platform, which is a base license.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

And then beyond that, it's based on usage.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

So as customers run more impressions, they'll spend more with us to serve those additional impressions.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

Yeah, so it's typically done monthly, and it can run.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

I mean, some of our smallest clients are spending, you know, $20,000, $30,000 a year with us, and our biggest clients are spending $3 million a year with us.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

Yeah, and the way the business has grown, we ran a slightly different business, let's say five or six years ago.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

And we were in actually more of like the six, 700 customer range.