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Gareth Hewitt

๐Ÿ‘ค Speaker
111 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Fund management tool breaks $500,000 revenue on way to $1m+ this year

Roughly.

SaaS Interviews with CEOs, Startups, Founders
Fund management tool breaks $500,000 revenue on way to $1m+ this year

We aim to do more than that.

SaaS Interviews with CEOs, Startups, Founders
Fund management tool breaks $500,000 revenue on way to $1m+ this year

Yep.

SaaS Interviews with CEOs, Startups, Founders
Fund management tool breaks $500,000 revenue on way to $1m+ this year

No, I, it comes from a technical background, working in financial services in four different companies over the prior 20 years, building out partnership accounting systems.

SaaS Interviews with CEOs, Startups, Founders
Fund management tool breaks $500,000 revenue on way to $1m+ this year

So each time, you know, we started from scratch, built it again and kind of iterated that design over the previous 20 years.

SaaS Interviews with CEOs, Startups, Founders
Fund management tool breaks $500,000 revenue on way to $1m+ this year

And,

SaaS Interviews with CEOs, Startups, Founders
Fund management tool breaks $500,000 revenue on way to $1m+ this year

a modern solution to that.

SaaS Interviews with CEOs, Startups, Founders
Fund management tool breaks $500,000 revenue on way to $1m+ this year

So really, my background is in private capital, so private equity, fund administration, venture capital, et cetera.

SaaS Interviews with CEOs, Startups, Founders
Fund management tool breaks $500,000 revenue on way to $1m+ this year

And what we did with Lemon Edge is instead of building a

SaaS Interviews with CEOs, Startups, Founders
Fund management tool breaks $500,000 revenue on way to $1m+ this year

And then we use that to build our private capital solution.

SaaS Interviews with CEOs, Startups, Founders
Fund management tool breaks $500,000 revenue on way to $1m+ this year

And really that was mainly for any implementation of these types of products.

SaaS Interviews with CEOs, Startups, Founders
Fund management tool breaks $500,000 revenue on way to $1m+ this year

Clients build lots of proprietary systems around them.

SaaS Interviews with CEOs, Startups, Founders
Fund management tool breaks $500,000 revenue on way to $1m+ this year

And so this platform enabled them to do that.

SaaS Interviews with CEOs, Startups, Founders
Fund management tool breaks $500,000 revenue on way to $1m+ this year

But also it was because the story of there being 20-year-old legacy systems that do the back office accounting in private equity isn't just

SaaS Interviews with CEOs, Startups, Founders
Fund management tool breaks $500,000 revenue on way to $1m+ this year

loans and credit derivatives, tax modeling, etc.

SaaS Interviews with CEOs, Startups, Founders
Fund management tool breaks $500,000 revenue on way to $1m+ this year

So by starting with that local platform that did the GL for back office accounting for complex transactions and lots of different legal vehicles, it meant that we could take the platform and move it across financial services.

SaaS Interviews with CEOs, Startups, Founders
Fund management tool breaks $500,000 revenue on way to $1m+ this year

I mean, it really depends.

SaaS Interviews with CEOs, Startups, Founders
Fund management tool breaks $500,000 revenue on way to $1m+ this year

It's a subscription-based

SaaS Interviews with CEOs, Startups, Founders
Fund management tool breaks $500,000 revenue on way to $1m+ this year

Like most of our clients are large currently because we're selling within private capital, our large billion dollar firms.

SaaS Interviews with CEOs, Startups, Founders
Fund management tool breaks $500,000 revenue on way to $1m+ this year

So they are paying a yearly license.

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