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Matt Ford

๐Ÿ‘ค Speaker
604 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

It's really right around the corner and it feels good, but you know, we weren't to 2019.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

So some funding helped us get through that.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

And it, it really allowed us, it allowed me to keep a team of engineers that were working on the product.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

we only had like four people at the time, four engineers working on the product.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

And I had, I think maybe, you know, three, three kind of customer success and salespeople that we kept part-time to go into the trenches with our customers.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

So keeping product development stronger in that time and like, you know, going into the crisis with our customers, it allowed us to, I mean, it really accelerated our impact on the industry.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

And then on the other side of the,

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

pandemic, we've 5x our revenue since the bottom of the trough.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

We also didn't churn a lot during the pandemic, which I think was a major testament to the technology.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

We went in with, let's call it 120 customers.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

And we came out with... Of those 120, we came out with a solid 100 of them.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

We didn't see much churn.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

We're coming up on 300.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

Yeah.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

Yeah, we raised a Series A in 2021, $5 million and grew the business quite a bit.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

Um, I can't exactly remember what I, what I, what I told you, but we, there was, you know, there was some decent dilution in that round of funding.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

Um, and, um, I'm sorry, what were you asking me?

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

Yeah, absolutely.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

I mean, like I was saying, now, let's call it three years.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

If you take away the pandemic, we've been three years in the market.