Derek O'Carroll
๐ค SpeakerAppearances Over Time
Podcast Appearances
We're at 112 as of this morning, and we're running a sort of sustainable growth profile.
So what I mean by that is, as I said earlier on, we're shooting for 40% our growth this year.
And we have a plan to get to about 180 people by the end of the year.
So it's quite an aggressive ramp.
The two main areas of investment are the go-to-market teams, but also engineering.
And I'm not necessarily building new features out because we've got a very big platform and going deep.
and focusing on quality workflow optimization automation and better lowering the cost of integration from other platforms to me um so it's it's it's more of an evolution play now talking about capital before we wrap up here i think you guys did a 23 million dollar round in december is that right 33 million dollars yeah 33 yeah so what's that mean fully raised all in how much of the company raised
We've raised 71, I think, in total since the company was started in 2008.
But since my tenure, I essentially relaunched the business in 2017.
That brings us to 39 million.
That's the way I look at it.
When we hit the reset button.
And then, yeah, so of the 33 million, last year we reached break-even profiles.
We weren't burning any cash, which was a big... Oh, congrats.
That was a huge goal for us to get to.
And so we're just managing that, hence the sustainable growth.
I could have gone for higher growth, but it would have burned more and I wasn't comfortable with that.
I didn't want to go back to high burn profile.
So of the 33 we raised, we're going to deploy a third of it into working capital improvement into the business.
We're going to keep a third of it aside for some acquisitions that we're looking at.