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Josh Frazier

๐Ÿ‘ค Speaker
215 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform

And instead of doing this whole collection model, we purchased it from our competitors to some extent and then merged them all together and then started just doing better data quality.

SaaS Interviews with CEOs, Startups, Founders
Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform

And then that's why I think Estated is starting to take off because we have this mixed model of we know how to collect the data.

SaaS Interviews with CEOs, Startups, Founders
Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform

We just didn't have enough money to collect it all.

SaaS Interviews with CEOs, Startups, Founders
Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform

And it's an expensive project.

SaaS Interviews with CEOs, Startups, Founders
Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform

And so if I were to do it again, I just know that I probably would have like, you know, triple the cost and triple the time it takes.

SaaS Interviews with CEOs, Startups, Founders
Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform

Yep.

SaaS Interviews with CEOs, Startups, Founders
Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform

It used to like, sometimes people say double, but like, I'm like the data is messy.

SaaS Interviews with CEOs, Startups, Founders
Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform

It's just disparate data siloed all over a certain geography.

SaaS Interviews with CEOs, Startups, Founders
Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform

It can be really, really messy.

SaaS Interviews with CEOs, Startups, Founders
Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform

So I triple pretty much everything in my head.

SaaS Interviews with CEOs, Startups, Founders
Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform

Yeah, so it's a little over 100%, like 101, which I was really, my friends at Banana Tag got acquired for like 40 million not that long ago.

SaaS Interviews with CEOs, Startups, Founders
Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform

And that was like one of the most important metrics that he brought up to me that I think I didn't fully understand until he mentioned that.

SaaS Interviews with CEOs, Startups, Founders
Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform

So MRR retention rate is 99.2% and customer retention rate is 98.6%.

SaaS Interviews with CEOs, Startups, Founders
Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform

That sounds about right.

SaaS Interviews with CEOs, Startups, Founders
Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform

We have pretty low churn rates.

SaaS Interviews with CEOs, Startups, Founders
Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform

Like we're kind of hovering in that like one to 2%, if we're less than one, we're pretty happy.

SaaS Interviews with CEOs, Startups, Founders
Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform

And we break it out for like customer revenue, but it's usually like, we're trying to keep it at 1% or less.

SaaS Interviews with CEOs, Startups, Founders
Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform

Our customers are really happy.