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Dilip Atara

๐Ÿ‘ค Speaker
105 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Raising $3m Right Now on Back of Slack App Exchange Growth

But last, we were fortunate to find an angel investment from the US last year.

SaaS Interviews with CEOs, Startups, Founders
Raising $3m Right Now on Back of Slack App Exchange Growth

But $500,000.

SaaS Interviews with CEOs, Startups, Founders
Raising $3m Right Now on Back of Slack App Exchange Growth

I might not be able to disclose that right now.

SaaS Interviews with CEOs, Startups, Founders
Raising $3m Right Now on Back of Slack App Exchange Growth

The valuation part of it.

SaaS Interviews with CEOs, Startups, Founders
Raising $3m Right Now on Back of Slack App Exchange Growth

Because we are still a private company and I have investors I'm having.

SaaS Interviews with CEOs, Startups, Founders
Raising $3m Right Now on Back of Slack App Exchange Growth

I'm right now in a silent period where we are even having discussions on further investment.

SaaS Interviews with CEOs, Startups, Founders
Raising $3m Right Now on Back of Slack App Exchange Growth

So I will not be able to disclose valuations for that previous investment.

SaaS Interviews with CEOs, Startups, Founders
Raising $3m Right Now on Back of Slack App Exchange Growth

We are going to this round, which could be either a large seed round or like a pre-seed, say it could be about $3 to $4 million.

SaaS Interviews with CEOs, Startups, Founders
Raising $3m Right Now on Back of Slack App Exchange Growth

Well, I've realized that either I do the dilution and get a foothold in the market because this is an area where people at the competition is actually filling in very fast.

SaaS Interviews with CEOs, Startups, Founders
Raising $3m Right Now on Back of Slack App Exchange Growth

Correct.

SaaS Interviews with CEOs, Startups, Founders
Raising $3m Right Now on Back of Slack App Exchange Growth

So during the COVID period and when most of the struggles were happening, we did two things.

SaaS Interviews with CEOs, Startups, Founders
Raising $3m Right Now on Back of Slack App Exchange Growth

We are piggybacking on two of the largest collaboration ecosystems in the world.

SaaS Interviews with CEOs, Startups, Founders
Raising $3m Right Now on Back of Slack App Exchange Growth

One is Slack.

SaaS Interviews with CEOs, Startups, Founders
Raising $3m Right Now on Back of Slack App Exchange Growth

The other is Microsoft Teams.

SaaS Interviews with CEOs, Startups, Founders
Raising $3m Right Now on Back of Slack App Exchange Growth

We have a certified app.

SaaS Interviews with CEOs, Startups, Founders
Raising $3m Right Now on Back of Slack App Exchange Growth

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Raising $3m Right Now on Back of Slack App Exchange Growth

So we have an integration.

SaaS Interviews with CEOs, Startups, Founders
Raising $3m Right Now on Back of Slack App Exchange Growth

The marketplace?

SaaS Interviews with CEOs, Startups, Founders
Raising $3m Right Now on Back of Slack App Exchange Growth

That is correct.

SaaS Interviews with CEOs, Startups, Founders
Raising $3m Right Now on Back of Slack App Exchange Growth

So if you check the Slack marketplace, we'll find there's a product, a micro SaaS product called Ariv.