Gareth Hewitt

It's not like per month or anything like that.

We're talking in the $100,000 plus range.

That's the way it used to be.

I think a lot still kind of stick to that.

It's not obviously favored by our clients.

We tend to do a user-based approach, but that also ties to complexity.

So depending on the simplicity of the fund or the complexity,

cetera, kind of have a matrix, but it's really about tying the software to the value that the company is getting back.

I mean, like I say, it's a matrix of those things.

It's not AUM, but it will be because you

you know, a hybrid fund across special credit or debt with lots of investors, that's intensely more complicated.

So it's really that, that gauges it more than the size of the fund does.

But customers, again, paying minimum a hundred thousand a year, maximum, maybe five, six, 700,000 a year, depending on how- Minimum can be lower than that, but I would say, you know, on average, it's probably 110 plus.

Uh, we started in literally as soon as the world locked down in COVID.

So I think that was March, 2020.

So like I just came back from New York, um, to London to start the company and literally like three days later that everything shut down.

Uh, we raised capital towards the end of 2020 when we,

point everyone else was but then yeah we raised capital when we started going to market at the end of 2020 and how much did you raise in 2020 so we raised

just over $2.5 million from a VC out in New York with two strategic investors alongside.

One, Tico Bernstein, who did Parse.com and Scribe.com.