Mitch Thrower
๐ค SpeakerAppearances Over Time
Podcast Appearances
Ignore the trailing stuff.
Yeah, yeah, yeah.
Yeah.
So, I mean, in the first 12, we were probably in the maybe million and a half range, somewhere in there, a million four.
The great thing is we were in
I would call it a beta, although we didn't necessarily call it a beta.
But when you're building a platform for events where they're trusting you with their capital, I mean, many event organizers log in more to our systems than they do their online banks because they're watching their transactions, they're communicating with their customers, they're utilizing it for a part of their CRM.
And when that happens, you really want to have a great place for people to live.
So our scale, our buttons on scale and organic growth and marketing, we have not yet really pushed those because we wanted to get to where we were about a year ago when we were ready to really push it out to market.
And then, of course, the pandemic happened.
And so we said, let's go do some acquisitions to scale during a pandemic.
But that's what we started on and taking one or two of the systems that people were using, bringing it onto one and then adding fourth and fifth and sixth and 12, however many different features that they're using elsewhere under one platform.
Correct.
So I think collectively, and we did it as a rolling raise.
So I'm going to let you know, we've raised over $50 million and we're about to announce a round that takes us over $70 million.
And that includes the acquisitions
Um, uh, one of which we did in 19 and didn't announce one of which actually the other three, which we're about to announce, I would say within the next two or three quarters.
Um, and so that's, that's an exciting time, but it's, uh, it's about 70 million cumulatively.
And because we did rolling raises, I can't give you the specific time of what came in, unless I opened up a bunch of files and tell you what came in and what point at what point in the year.
Yeah, so what I'd prefer to do, rather than discussing valuations only because we are in the middle of closing that last round, and I'd want to get clearance first before sharing that.