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Nathan Latka

๐Ÿ‘ค Speaker
223769 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
SaaS For Power Grids Hits $5m ARR Charging $5 Per Utility Meter

So if you're doing $350,000 a month today, what were you doing exactly one year ago?

SaaS Interviews with CEOs, Startups, Founders
SaaS For Power Grids Hits $5m ARR Charging $5 Per Utility Meter

Okay.

SaaS Interviews with CEOs, Startups, Founders
SaaS For Power Grids Hits $5m ARR Charging $5 Per Utility Meter

So like a year ago you were doing something like $280,000 per month and you grew 20% 50 to 80 something.

SaaS Interviews with CEOs, Startups, Founders
SaaS For Power Grids Hits $5m ARR Charging $5 Per Utility Meter

250.

SaaS Interviews with CEOs, Startups, Founders
SaaS For Power Grids Hits $5m ARR Charging $5 Per Utility Meter

Okay, that's great.

SaaS Interviews with CEOs, Startups, Founders
SaaS For Power Grids Hits $5m ARR Charging $5 Per Utility Meter

Well, you have very efficient revenue per employee, right?

SaaS Interviews with CEOs, Startups, Founders
SaaS For Power Grids Hits $5m ARR Charging $5 Per Utility Meter

I mean, you're doing between, call it 4 and 5 million in ARR annual revenue today with a team of 30.

SaaS Interviews with CEOs, Startups, Founders
SaaS For Power Grids Hits $5m ARR Charging $5 Per Utility Meter

That's a lot of efficiency.

SaaS Interviews with CEOs, Startups, Founders
SaaS For Power Grids Hits $5m ARR Charging $5 Per Utility Meter

How do you get that much revenue per employee?

SaaS Interviews with CEOs, Startups, Founders
SaaS For Power Grids Hits $5m ARR Charging $5 Per Utility Meter

Understood.

SaaS Interviews with CEOs, Startups, Founders
SaaS For Power Grids Hits $5m ARR Charging $5 Per Utility Meter

And I got my math wrong.

SaaS Interviews with CEOs, Startups, Founders
SaaS For Power Grids Hits $5m ARR Charging $5 Per Utility Meter

I got my math slightly wrong.

SaaS Interviews with CEOs, Startups, Founders
SaaS For Power Grids Hits $5m ARR Charging $5 Per Utility Meter

Sorry.

SaaS Interviews with CEOs, Startups, Founders
SaaS For Power Grids Hits $5m ARR Charging $5 Per Utility Meter

If you're doing 5 million run rate today with 30 people, you're doing more like $160,000 per month.

SaaS Interviews with CEOs, Startups, Founders
SaaS For Power Grids Hits $5m ARR Charging $5 Per Utility Meter

I'm sorry, per year in revenue per employee, which is pretty standard for a private capital efficient SaaS company.

SaaS Interviews with CEOs, Startups, Founders
SaaS For Power Grids Hits $5m ARR Charging $5 Per Utility Meter

So those numbers I'll check out.

SaaS Interviews with CEOs, Startups, Founders
SaaS For Power Grids Hits $5m ARR Charging $5 Per Utility Meter

They look good.

SaaS Interviews with CEOs, Startups, Founders
SaaS For Power Grids Hits $5m ARR Charging $5 Per Utility Meter

I mean, how do you go from a million substations to 2 million substations?

SaaS Interviews with CEOs, Startups, Founders
SaaS For Power Grids Hits $5m ARR Charging $5 Per Utility Meter

What's your expansion strategy, especially if you're the only one doing sales?

SaaS Interviews with CEOs, Startups, Founders
SaaS For Power Grids Hits $5m ARR Charging $5 Per Utility Meter

Well, you just told me that all 30 employees were engineers.