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Maeve Kneafsey

๐Ÿ‘ค Speaker
156 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1280 Will she be able to raise $1m on $3.5m Pre Money with This MRR?

I had no money when I started the company.

SaaS Interviews with CEOs, Startups, Founders
1280 Will she be able to raise $1m on $3.5m Pre Money with This MRR?

It was $160 million, which is the size of many IPOs.

SaaS Interviews with CEOs, Startups, Founders
1280 Will she be able to raise $1m on $3.5m Pre Money with This MRR?

Okay, so we're raising a million.

SaaS Interviews with CEOs, Startups, Founders
1280 Will she be able to raise $1m on $3.5m Pre Money with This MRR?

And what the company does is, okay, so you know SaaS companies.

SaaS Interviews with CEOs, Startups, Founders
1280 Will she be able to raise $1m on $3.5m Pre Money with This MRR?

I mean, that's what you guys are all about.

SaaS Interviews with CEOs, Startups, Founders
1280 Will she be able to raise $1m on $3.5m Pre Money with This MRR?

And the really hard part about SaaS is that you have to keep growing fast all the time.

SaaS Interviews with CEOs, Startups, Founders
1280 Will she be able to raise $1m on $3.5m Pre Money with This MRR?

You've got to continue to grow fast to get to the level of revenues that's going to give you your profitability.

SaaS Interviews with CEOs, Startups, Founders
1280 Will she be able to raise $1m on $3.5m Pre Money with This MRR?

And to do that, you can't just look at your data in silence.

SaaS Interviews with CEOs, Startups, Founders
1280 Will she be able to raise $1m on $3.5m Pre Money with This MRR?

Look at your revenue and your acquisitions and your sales and your marketing.

SaaS Interviews with CEOs, Startups, Founders
1280 Will she be able to raise $1m on $3.5m Pre Money with This MRR?

You've got to join them together.

SaaS Interviews with CEOs, Startups, Founders
1280 Will she be able to raise $1m on $3.5m Pre Money with This MRR?

So there are tools out there that allow you to build those integrations and allow you to try and build your metrics.

SaaS Interviews with CEOs, Startups, Founders
1280 Will she be able to raise $1m on $3.5m Pre Money with This MRR?

But if you use Cloud KPI, all of that is done automatically for you.

SaaS Interviews with CEOs, Startups, Founders
1280 Will she be able to raise $1m on $3.5m Pre Money with This MRR?

It's specifically designed for SaaS.

SaaS Interviews with CEOs, Startups, Founders
1280 Will she be able to raise $1m on $3.5m Pre Money with This MRR?

So we literally plug into your existing systems, pull the data, visualize it, and then use predictive insights to say, hey, you know what's going to happen tomorrow in relation to your churn or your sales or your marketing.

SaaS Interviews with CEOs, Startups, Founders
1280 Will she be able to raise $1m on $3.5m Pre Money with This MRR?

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1280 Will she be able to raise $1m on $3.5m Pre Money with This MRR?

And QuickBooks and Google Analytics and your product and your CRM.

SaaS Interviews with CEOs, Startups, Founders
1280 Will she be able to raise $1m on $3.5m Pre Money with This MRR?

We're open about that.

SaaS Interviews with CEOs, Startups, Founders
1280 Will she be able to raise $1m on $3.5m Pre Money with This MRR?

At the moment, obviously, we're negotiating with people and it looks like we've got a lead investor already and that will probably be equity.

SaaS Interviews with CEOs, Startups, Founders
1280 Will she be able to raise $1m on $3.5m Pre Money with This MRR?

We've just literally released our first version of the product in June, and we already have revenue.

SaaS Interviews with CEOs, Startups, Founders
1280 Will she be able to raise $1m on $3.5m Pre Money with This MRR?

We already have customers, and we have two big proof of concepts they're working on with some of those outsourced CFO services that service the SaaS business.

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