Marianne Avoiku
๐ค SpeakerAppearances Over Time
Podcast Appearances
and we are having like 1000K in pipeline and we are hoping to close this year with 50K.
Actually, we are building a no-code and low-code approach to classic coding, but we are for technical mindset.
So the system is used by companies that have, let's say, a technical department or for the software development companies that build software and provide outcomes to customers.
So we are a bit technical as a mindset.
Yes, they're paying us, but I must say that we just launched and have like four clients paying customers and starting to build our pipeline of sales.
In total, like 5K, and we are having like 1,000K in pipeline, and we are hoping to close this year with 50K.
Sorry, not for a month.
It's annual recurring revenue because we are selling only annual recurring revenue.
Actually, nobody complains about the price.
So I'm assuming that we are a bit too cheap.
But I think we are on the right spot because we are selling the value that we offer to our customers because they will pay what they will use.
We do not charge per user, per processes.
It doesn't matter for us.
It matters only what they will use.
And this is really helpful for us because we will understand the value that we provide for them.
First line of code, like at the beginning of 2020, in March 2020.
And have you raised capital or are you bootstrapped?
Yes, we are also bootstrapped from our parent company.
But with this capital, we had to seed rounds in total of 1.2 million.
And now we are reaching out for round eight.