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Latif Nanji

๐Ÿ‘ค Speaker
190 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

So we've been, 2016 was the triple and then we've been constantly doubling each year since then.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

Uh, yes.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

I think a little bit less than that, but around there.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

Yeah, it's about 60-40 split between new and expansion.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

We're seeing really healthy expansion simply because of the viral nature of the software.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

I think a lot of tools that are product-led growth, just like we are, have found ways within the tool to do the land and expand model.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

So we start with a few seats, make a few champions really successful, and then from there we see other product managers who are our target primary audience for this tool, then go and talk, since they have a lot of influence within the organization, whether it's on the executive branch or towards other...

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

you know, cross-functional teams that work and need visibility into what's going on in the plan.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

So, well, on a cohort basis, it's different varying month by month.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

But if you look at sort of averages, it's around at least 40% of, you know, our monthly net revenue, our net new MRR is going to be from expansion.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

So let's say on a month you add 50 K MRR, 20 of that would be from it.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

So we don't necessarily disclose those numbers, uh, for now, just because it's a, it's a bit of a competitive space.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

We don't want to get through that, but we're, I would say we're around, we're slightly below average.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

I think we're doing pretty healthy.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

Um, so I would say it's somewhere between on a gross basis between two and three.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

It's on an annual basis.