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Nathan Latka

๐Ÿ‘ค Speaker
223769 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

Make that real.

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

So who's you?

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

Is it me, the consumer that owns a house or is it the local government that needs to charge me?

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

And Daniel, when you say 300,000 utility meters, is it a one to one ratio of utility meter per company?

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

Or can one company have a 10,000 utility meters?

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

So Daniel, how many unique schools, hospitals, banks do you work with?

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

Okay, so average 30 utility meters per account.

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

Interesting.

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

Okay, that's very, very helpful.

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

Give me the, I guess, give me the pricing here.

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

So what's the average customer pay you per month or per year to do all this?

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

Per utility meter or per account?

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

Okay.

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

So if the average account has 30 utility meters times five, the average customer is paying you about 150 bucks a month.

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

And Daniel, how many folks full-time are you guys today?

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

Before we get to that though, 300,000 utility instruments that you're installed on today at five bucks a pop would mean you're doing about 1.5 million a month in revenue.

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

Is that accurate?

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

So if you're doing 1.5 today, just so we can calculate growth rate, what was just that part of the business doing one year ago?

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

And we- Daniel, is that a month or a year, just to be clear?

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

Oh, got it.