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Charles Yeomans

๐Ÿ‘ค Speaker
135 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How this SaaS Raised $2.4m Crowdfunding at $10m Valuation

So it's really, you know, on a per machine basis, it's either pennies or a dollar or something.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS Raised $2.4m Crowdfunding at $10m Valuation

It's really small.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS Raised $2.4m Crowdfunding at $10m Valuation

But I'm talking about like we just won a proof of concept in a competition in Sweden with Saab.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS Raised $2.4m Crowdfunding at $10m Valuation

Saab makes military aircraft.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS Raised $2.4m Crowdfunding at $10m Valuation

They make all sorts of other defense products.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS Raised $2.4m Crowdfunding at $10m Valuation

Well, they're just getting started.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS Raised $2.4m Crowdfunding at $10m Valuation

But it'll probably be hundreds of airplanes, many other machines that it's like, think of it this way.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS Raised $2.4m Crowdfunding at $10m Valuation

We are how machines can communicate.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS Raised $2.4m Crowdfunding at $10m Valuation

Any machine can communicate more effectively with other machines.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS Raised $2.4m Crowdfunding at $10m Valuation

Maybe not a million machines, but yeah, a lot.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS Raised $2.4m Crowdfunding at $10m Valuation

It's going to vary a lot.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS Raised $2.4m Crowdfunding at $10m Valuation

Depends on the use, but yes, that's reasonable.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS Raised $2.4m Crowdfunding at $10m Valuation

No, I had a co-founder, Ali Ashgar-Riahi, who is a technology founder.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS Raised $2.4m Crowdfunding at $10m Valuation

We split it up.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS Raised $2.4m Crowdfunding at $10m Valuation

It was pretty close to 50-50 after, considering the money that came in and all that.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS Raised $2.4m Crowdfunding at $10m Valuation

Most of it came from private investors.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS Raised $2.4m Crowdfunding at $10m Valuation

And we've also done a crowdfunding round.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS Raised $2.4m Crowdfunding at $10m Valuation

No, we own much less than that because the investors have come in for over $4 million now.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS Raised $2.4m Crowdfunding at $10m Valuation

The last round we did, the crowdfunding round, closed in September.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS Raised $2.4m Crowdfunding at $10m Valuation

That was $2.6 million.