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Franz Riedel

๐Ÿ‘ค Speaker
136 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1733 They're Raising $5m Right Now on $3.6m in ARR

Yes, definitely.

SaaS Interviews with CEOs, Startups, Founders
1733 They're Raising $5m Right Now on $3.6m in ARR

And we're actually in conversations with a couple of people now.

SaaS Interviews with CEOs, Startups, Founders
1733 They're Raising $5m Right Now on $3.6m in ARR

I think great traction.

SaaS Interviews with CEOs, Startups, Founders
1733 They're Raising $5m Right Now on $3.6m in ARR

So far, we really...

SaaS Interviews with CEOs, Startups, Founders
1733 They're Raising $5m Right Now on $3.6m in ARR

well known.

SaaS Interviews with CEOs, Startups, Founders
1733 They're Raising $5m Right Now on $3.6m in ARR

And I think while we've been pretty successful in the German speaking market, um, couple of clients in the UK, but still there's so much, so much potential.

SaaS Interviews with CEOs, Startups, Founders
1733 They're Raising $5m Right Now on $3.6m in ARR

And well, first of all, the rest of Europe, but obviously the U S still is probably the largest and most interesting market.

SaaS Interviews with CEOs, Startups, Founders
1733 They're Raising $5m Right Now on $3.6m in ARR

And, uh, it takes money to, to, to enter other markets and, uh, especially in the U S. So do you have leverage going into these conversations?

SaaS Interviews with CEOs, Startups, Founders
1733 They're Raising $5m Right Now on $3.6m in ARR

We're not profitable today, no.

SaaS Interviews with CEOs, Startups, Founders
1733 They're Raising $5m Right Now on $3.6m in ARR

But I mean, given the numbers from last month, I'm pretty confident we're going to be able to phase around.

SaaS Interviews with CEOs, Startups, Founders
1733 They're Raising $5m Right Now on $3.6m in ARR

Unfortunately, not 500.

SaaS Interviews with CEOs, Startups, Founders
1733 They're Raising $5m Right Now on $3.6m in ARR

No, it's between 100 and 150 a month.

SaaS Interviews with CEOs, Startups, Founders
1733 They're Raising $5m Right Now on $3.6m in ARR

Um, when we started to fundraise, we had, uh, probably, oh, well, even a bit more than, a bit more than 10.

SaaS Interviews with CEOs, Startups, Founders
1733 They're Raising $5m Right Now on $3.6m in ARR

And, uh, so now we still have, uh, about half a year.

SaaS Interviews with CEOs, Startups, Founders
1733 They're Raising $5m Right Now on $3.6m in ARR

We closed the round earlier.

SaaS Interviews with CEOs, Startups, Founders
1733 They're Raising $5m Right Now on $3.6m in ARR

Right.

SaaS Interviews with CEOs, Startups, Founders
1733 They're Raising $5m Right Now on $3.6m in ARR

But you don't want to wait until the last minute.

SaaS Interviews with CEOs, Startups, Founders
1733 They're Raising $5m Right Now on $3.6m in ARR

That's probably how much are you looking to raise?

SaaS Interviews with CEOs, Startups, Founders
1733 They're Raising $5m Right Now on $3.6m in ARR

somewhere between five and 10 million.