Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Henry Shapiro

๐Ÿ‘ค Speaker
155 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Is Reclaim the Next Calendly? 16,000 Users Keep Using Every Month, up 400% YoY

That 500,000 basically took us to get our first feature out, which was this calendar sync feature, which we launched on product time.

SaaS Interviews with CEOs, Startups, Founders
Is Reclaim the Next Calendly? 16,000 Users Keep Using Every Month, up 400% YoY

Got quite a bit of traction on that.

SaaS Interviews with CEOs, Startups, Founders
Is Reclaim the Next Calendly? 16,000 Users Keep Using Every Month, up 400% YoY

And then we launched a feature called Habits.

SaaS Interviews with CEOs, Startups, Founders
Is Reclaim the Next Calendly? 16,000 Users Keep Using Every Month, up 400% YoY

We launched a very early version of Habits, which at the time was literally just like lunch and ketchup.

SaaS Interviews with CEOs, Startups, Founders
Is Reclaim the Next Calendly? 16,000 Users Keep Using Every Month, up 400% YoY

It was like a separate feature where you could block time for email and block time for lunch.

SaaS Interviews with CEOs, Startups, Founders
Is Reclaim the Next Calendly? 16,000 Users Keep Using Every Month, up 400% YoY

And they approached us not long after that and asked if we'd be interested.

SaaS Interviews with CEOs, Startups, Founders
Is Reclaim the Next Calendly? 16,000 Users Keep Using Every Month, up 400% YoY

And we asked them if they'd be open to doing a smaller round.

SaaS Interviews with CEOs, Startups, Founders
Is Reclaim the Next Calendly? 16,000 Users Keep Using Every Month, up 400% YoY

At that time, we were like, look, we're building really quickly.

SaaS Interviews with CEOs, Startups, Founders
Is Reclaim the Next Calendly? 16,000 Users Keep Using Every Month, up 400% YoY

Raising is awesome, but we're just not ready to take that step yet.

SaaS Interviews with CEOs, Startups, Founders
Is Reclaim the Next Calendly? 16,000 Users Keep Using Every Month, up 400% YoY

We're in a really good groove here.

SaaS Interviews with CEOs, Startups, Founders
Is Reclaim the Next Calendly? 16,000 Users Keep Using Every Month, up 400% YoY

And would you be open to doing a smaller amount of money on a safe?

SaaS Interviews with CEOs, Startups, Founders
Is Reclaim the Next Calendly? 16,000 Users Keep Using Every Month, up 400% YoY

And then as we get to the seed round, we'll include you there as well.

SaaS Interviews with CEOs, Startups, Founders
Is Reclaim the Next Calendly? 16,000 Users Keep Using Every Month, up 400% YoY

And they were open to that.

SaaS Interviews with CEOs, Startups, Founders
Is Reclaim the Next Calendly? 16,000 Users Keep Using Every Month, up 400% YoY

Uh, I'm trying to remember, I believe it was a capped note and I think the cap was 10 and I think we added, we added a discount as well.

SaaS Interviews with CEOs, Startups, Founders
Is Reclaim the Next Calendly? 16,000 Users Keep Using Every Month, up 400% YoY

The last round closed, I believe we announced it in May of this year, and that was for 4.8.

SaaS Interviews with CEOs, Startups, Founders
Is Reclaim the Next Calendly? 16,000 Users Keep Using Every Month, up 400% YoY

And that was across Index led the round, Shardul Shah at Index Ventures, and then Gradient, who we had actually spoken with in our first funding go-around, came in and added some to it as well.

SaaS Interviews with CEOs, Startups, Founders
Is Reclaim the Next Calendly? 16,000 Users Keep Using Every Month, up 400% YoY

And then we actually went through this pretty long process that I think made the round take a lot longer to close.

SaaS Interviews with CEOs, Startups, Founders
Is Reclaim the Next Calendly? 16,000 Users Keep Using Every Month, up 400% YoY

How long?

SaaS Interviews with CEOs, Startups, Founders
Is Reclaim the Next Calendly? 16,000 Users Keep Using Every Month, up 400% YoY

it probably took two, three months, I'd say in total to get everything fully, fully, fully closed.

SaaS Interviews with CEOs, Startups, Founders
Is Reclaim the Next Calendly? 16,000 Users Keep Using Every Month, up 400% YoY

A big part of that was that we brought 40 or 50 other strategic angels, including Tope from Calendly into the cap table.