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Jonathan Granpion

๐Ÿ‘ค Speaker
165 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

So I don't think this is a problem for us today.

SaaS Interviews with CEOs, Startups, Founders
Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

In general, like

SaaS Interviews with CEOs, Startups, Founders
Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

We have no logo churn and a very strong native adoption rate.

SaaS Interviews with CEOs, Startups, Founders
Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

So people are using more and more of the API over time than just dropping because of that.

SaaS Interviews with CEOs, Startups, Founders
Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

I don't think the pricing is a problem for us in the adoption actually, just because of this degressive pricing grid.

SaaS Interviews with CEOs, Startups, Founders
Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

If you

SaaS Interviews with CEOs, Startups, Founders
Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

If you make 10K calls monthly, it's going to cost you $800.

SaaS Interviews with CEOs, Startups, Founders
Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

If you add a volume of 25K, it's going to be less than that, like $0.06 per document.

SaaS Interviews with CEOs, Startups, Founders
Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

So we want to help our client grow and build the best user experience.

SaaS Interviews with CEOs, Startups, Founders
Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

It's between 200 and 250% after one year.

SaaS Interviews with CEOs, Startups, Founders
Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

So that's great.

SaaS Interviews with CEOs, Startups, Founders
Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

That's something very good for our business.

SaaS Interviews with CEOs, Startups, Founders
Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

we don't have churn at all in terms of usage.

SaaS Interviews with CEOs, Startups, Founders
Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

Okay.

SaaS Interviews with CEOs, Startups, Founders
Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

It happens, of course.

SaaS Interviews with CEOs, Startups, Founders
Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

During the summer, for example, we have obviously lower usage, but people are

SaaS Interviews with CEOs, Startups, Founders
Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

How to say that?

SaaS Interviews with CEOs, Startups, Founders
Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

The extension is so much higher than the slow of their usage.

SaaS Interviews with CEOs, Startups, Founders
Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

The net retention rate of 250% I was talking about is including the contraction also of the usage.