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Chi-Tung Leong

๐Ÿ‘ค Speaker
149 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform

We're coming close to a million, yeah.

SaaS Interviews with CEOs, Startups, Founders
EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform

We were about less than half of this.

SaaS Interviews with CEOs, Startups, Founders
EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform

We were at about 400.

SaaS Interviews with CEOs, Startups, Founders
EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform

Yeah, we've more than doubled.

SaaS Interviews with CEOs, Startups, Founders
EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform

I think we've done about two and a half X in one year.

SaaS Interviews with CEOs, Startups, Founders
EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform

So we have 18, and we spread across five countries.

SaaS Interviews with CEOs, Startups, Founders
EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform

So we have two team members in the United States, one in the East Coast, one in the West Coast, one customer success person in India, two sales development reps in the Philippines, and a couple of engineers in Vietnam, and the rest of us are based here in Singapore.

SaaS Interviews with CEOs, Startups, Founders
EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform

No, we've raised two rounds of funding right now.

SaaS Interviews with CEOs, Startups, Founders
EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform

So the first round was way back in early 2017, March 2017.

SaaS Interviews with CEOs, Startups, Founders
EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform

We raised an angel round at that time.

SaaS Interviews with CEOs, Startups, Founders
EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform

We raised a seed round from Venture Capitalists September last year.

SaaS Interviews with CEOs, Startups, Founders
EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform

So how much total on the company?

SaaS Interviews with CEOs, Startups, Founders
EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform

So 1.1 million US dollars.

SaaS Interviews with CEOs, Startups, Founders
EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform

We're in the midst of it.

SaaS Interviews with CEOs, Startups, Founders
EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform

Yes.

SaaS Interviews with CEOs, Startups, Founders
EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform

We're, uh, we're going for a series.

SaaS Interviews with CEOs, Startups, Founders
EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform

Well, you know, we, we like to see what the VCs offer us.

SaaS Interviews with CEOs, Startups, Founders
EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform

Um, and, uh, ideally that three to five M shouldn't be more than 20% of the company.

SaaS Interviews with CEOs, Startups, Founders
EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform

Uh, for now, since most of our customer base is here in Southeast Asia, we will be raising here.

SaaS Interviews with CEOs, Startups, Founders
EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform

We're not profitable, but we're quite lean on our burn.