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Max Yoder

๐Ÿ‘ค Speaker
216 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
891 SaaS: Lessonly Hits $6m+ ARR for Internal, Non-HR Solution for Team Learning

they have metrics that matter a lot and we can help them get to them consistently.

SaaS Interviews with CEOs, Startups, Founders
891 SaaS: Lessonly Hits $6m+ ARR for Internal, Non-HR Solution for Team Learning

Do you remember what year one total revenue was?

SaaS Interviews with CEOs, Startups, Founders
891 SaaS: Lessonly Hits $6m+ ARR for Internal, Non-HR Solution for Team Learning

Oh yeah, it was nothing.

SaaS Interviews with CEOs, Startups, Founders
891 SaaS: Lessonly Hits $6m+ ARR for Internal, Non-HR Solution for Team Learning

So if we think about 2012, total revenue would have been $600.

SaaS Interviews with CEOs, Startups, Founders
891 SaaS: Lessonly Hits $6m+ ARR for Internal, Non-HR Solution for Team Learning

And I mean that seriously, from July to the end of December, $600.

SaaS Interviews with CEOs, Startups, Founders
891 SaaS: Lessonly Hits $6m+ ARR for Internal, Non-HR Solution for Team Learning

No, that would have been, that would have been at the end of the year, we were doing $60,000 in annual recurring revenue.

SaaS Interviews with CEOs, Startups, Founders
891 SaaS: Lessonly Hits $6m+ ARR for Internal, Non-HR Solution for Team Learning

Yeah.

SaaS Interviews with CEOs, Startups, Founders
891 SaaS: Lessonly Hits $6m+ ARR for Internal, Non-HR Solution for Team Learning

That was a, and that was a big difference, you know, from that 600 that we started.

SaaS Interviews with CEOs, Startups, Founders
891 SaaS: Lessonly Hits $6m+ ARR for Internal, Non-HR Solution for Team Learning

We are 80 people, mostly all out of Indianapolis, Indiana.

SaaS Interviews with CEOs, Startups, Founders
891 SaaS: Lessonly Hits $6m+ ARR for Internal, Non-HR Solution for Team Learning

Sure.

SaaS Interviews with CEOs, Startups, Founders
891 SaaS: Lessonly Hits $6m+ ARR for Internal, Non-HR Solution for Team Learning

We have about 15 in product, 20 in sales, maybe 25 in sales now.

SaaS Interviews with CEOs, Startups, Founders
891 SaaS: Lessonly Hits $6m+ ARR for Internal, Non-HR Solution for Team Learning

And then, you know, marketing and client experience, taking care of our clients and making sure people understand who we are on the marketing side.

SaaS Interviews with CEOs, Startups, Founders
891 SaaS: Lessonly Hits $6m+ ARR for Internal, Non-HR Solution for Team Learning

We've raised capital.

SaaS Interviews with CEOs, Startups, Founders
891 SaaS: Lessonly Hits $6m+ ARR for Internal, Non-HR Solution for Team Learning

We've raised $6 million to date, and we've been really efficient with that capital.

SaaS Interviews with CEOs, Startups, Founders
891 SaaS: Lessonly Hits $6m+ ARR for Internal, Non-HR Solution for Team Learning

We still have a lot of it left.

SaaS Interviews with CEOs, Startups, Founders
891 SaaS: Lessonly Hits $6m+ ARR for Internal, Non-HR Solution for Team Learning

Our goal is always to make sure that if we're going to burn a dollar of cash, it's going to create more than a dollar of annual recurring revenue, and we've done that ever since.

SaaS Interviews with CEOs, Startups, Founders
891 SaaS: Lessonly Hits $6m+ ARR for Internal, Non-HR Solution for Team Learning

Last round was, so it wasn't all in one round.

SaaS Interviews with CEOs, Startups, Founders
891 SaaS: Lessonly Hits $6m+ ARR for Internal, Non-HR Solution for Team Learning

We did 5 million last March, March of 2016.

SaaS Interviews with CEOs, Startups, Founders
891 SaaS: Lessonly Hits $6m+ ARR for Internal, Non-HR Solution for Team Learning

And then before that, we really cobbled together, you know, a million over the initial four years.

SaaS Interviews with CEOs, Startups, Founders
891 SaaS: Lessonly Hits $6m+ ARR for Internal, Non-HR Solution for Team Learning

Sure.