Jan Elman
๐ค SpeakerAppearances Over Time
Podcast Appearances
You need a lot of people to throw at the problem.
We nicely fit in the middle.
So this used to be the 4GL space.
So back in the days, you had all these great 4GLs that you would use to build business applications.
And we live there.
So right between the low-code environments on the low end and do-it-yourself platforms on the high end.
So today we're serving a little bit more than 1,000 customers and growing at the moment.
So in our first years, obviously when you're growing from $1 to $2, you can easily double your revenues.
In the past five years, we've sort of stabilized that at around 30%, and that's the revenue rate at which we can grow without doing external funding.
We may be considering in the next three years now that the market is much larger than it used to be.
to do an additional funding round.
And we believe that with an additional funding round, we could put the growth rate back to 100% year over year.
Well, as a privately held company, we don't publish our ARR other than just the metrics of how we're growing and the number of customers that we have.
Yes, because the the corporate clients are a little bit lower.
But yeah, we have that we have a healthy revenue within a company where we've been profitable since 15 years as an organization.
One of the reasons.
Well, we did one funding round in 2008.
So this is 10 years ago.
And the idea then was in 2008, we will need a lot more funding rounds.
But so far, we didn't have to do any.