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Levi Morehouse

๐Ÿ‘ค Speaker
142 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

No, we'll try to hit three this year.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

Three, okay.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

As it ramped up.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

Got it.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

We're kicking at a pretty good monthly pace right now, but had to get there.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

yeah it's it's it's close to 10. um that's kind of always what i'm targeting i think we're just slightly below that that's great i mean for a company that has you know it's easy to go from one customer to two customers and call it 100 growth but for for for the size you guys already have to do that that's incredible and it's like that's why again back to why we raise money both the fact that we're not cash negative for a period of time as well as to keep up what i want to be that 10 month over month which was easy going from half a million

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

Up to the next notch, it's a whole lot harder now.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

So I had to build out the sales infrastructure to really scale.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

Tech operators are actually based out of Atlanta.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

So this was a Southeast deal.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

I'm actually in Charleston, South Carolina.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

Yeah, lifetime's around $45,000 to $50,000.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

Got it.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

I like to keep it at a one-year ACV max as far as spend, just because personally, it just feels kind of ridiculous to spend more than that.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

If it goes over that for a minute, that's fine.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

You're willing to spend about one... So yeah, if my ACV is $13,000, if that's how much I'm going to bill a customer their first year, I kind of like to keep my acquisition costs at or below that.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

Exactly, and there's a margin in there, so the cash gap makes, and that's short-term.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

I'd like it to be better than that in the further distant future, but in growth mode, I'm okay with that.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

We have right around 30 people.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

The people side is other people here have a better handle.