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

Jaideep Kelramani

๐Ÿ‘ค Speaker
111 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

We've got about a dozen clients.

SaaS Interviews with CEOs, Startups, Founders
1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

And on an average, each client would have a user base of 20 users.

SaaS Interviews with CEOs, Startups, Founders
1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

depending on the size and the nature of the business that they have.

SaaS Interviews with CEOs, Startups, Founders
1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

Well, no, because the one-time fee also follows up with our annual maintenance contracts.

SaaS Interviews with CEOs, Startups, Founders
1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

So that's the component that's not in your maths.

SaaS Interviews with CEOs, Startups, Founders
1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

And when we add all of that up, the revenue is significantly higher than what you have because the traditional business that we've had has accumulated a lot of annual maintenance contract over the years.

SaaS Interviews with CEOs, Startups, Founders
1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

So that has become a substantive part of the revenue.

SaaS Interviews with CEOs, Startups, Founders
1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

No, I answered that question from a sales perspective.

SaaS Interviews with CEOs, Startups, Founders
1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

So we still have the AMC business sitting on top of that.

SaaS Interviews with CEOs, Startups, Founders
1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

Well, I could give you a range.

SaaS Interviews with CEOs, Startups, Founders
1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

We are somewhere between five to six million dollars all put together each year.

SaaS Interviews with CEOs, Startups, Founders
1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

No, no.

SaaS Interviews with CEOs, Startups, Founders
1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

Um,

SaaS Interviews with CEOs, Startups, Founders
1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

So we have a very wide customer base.

SaaS Interviews with CEOs, Startups, Founders
1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

Our solutions are not that expensive.

SaaS Interviews with CEOs, Startups, Founders
1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

When it comes to the one-time fee, the annual maintenance could be about 20% to 30% of the one-time fee.

SaaS Interviews with CEOs, Startups, Founders
1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

But we have a wide customer base that we've acquired over a period of years.

SaaS Interviews with CEOs, Startups, Founders
1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

So that kind of adds up.