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Nathan Latka

๐Ÿ‘ค Speaker
224696 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

So, Ben, sorry, what does a launch partner mean?

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

What does that mean?

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

Like, are they one of your first customers and are you charging them by number of course or number of people or how do you bill?

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

A lighthouse client.

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

So just to repeat all that back to you.

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

So when you say 200 locations on your platform, how many quarts does that equate to?

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

Is that average of five quarts per location?

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

So a thousand quarts?

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

Interesting.

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

OK, this is really interesting growth.

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

So you're at about three million bucks of ARR this year, which means you're finishing here in December at somewhere between somewhere around two hundred forty thousand dollars a month of revenue.

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

Is that what you mean when you say contracted ARR?

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

OK, that's right.

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

And three million have contracted to AR today.

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

What does that represent in terms of growth rate from a year prior?

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

Triple digits.

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

That's awesome.

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

Okay, I have to go back to how you fund the business because I think you guys did a 10 million Series A in 2022, which would have been right before you launched the software.

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

So are both of these companies under the same thing and you sort of raised money with the legacy business but are sort of using it to invest in the software business?