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Kevin Dawidowicz

๐Ÿ‘ค Speaker
172 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

So you have to begin to think like, where do you want to take your business from there?

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

Is it going to be more into enterprise level sales and getting into things like corporate wellness, you know, large insurance customers and so on, which can be a very long and detailed sales cycle.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

And while the platform serves that customer base, the long tail of the business is really going to be

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

In the smaller gyms and high schools and smaller market, they're a much broader approach.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

You're thinking about 300,000 personal training or gym facilities across the U.S.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

and the world.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

I mean, it's a much bigger market than the few hundred pro sports teams and a couple hundred corporate wellness clients that might be interested in something like that.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

Oh, so our annualized is over 1.6.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

We do annual ARR.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

Yeah, it's interesting.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

I mean, it's a floating number, and it depends on the seasonality of the business.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

We see an average of six figures, right?

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

There's hundreds of thousands of users in the application.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

But the floating usage is dependent on, are you in the off-season of a professional sports team?

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

Are you in a training period of a military group?

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

Is your gym going through a fitness challenge?

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

And depending on that cycle, you'll see fluxes in the usage.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

Uh, just around a million or so, you know, we got to cashflow break even, which was a huge milestone for us.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

Yeah.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

Cool, man.