Ravi
๐ค SpeakerAppearances Over Time
Podcast Appearances
Sure.
So we wrapped up the year of 1.2 at the end of 2020 in spite of COVID.
We're run right now around 1.3 million ARR.
We may finish the year at 1.4, 1.45.
We have to see how the rest of the year plays out.
We've added a couple of suites that have made a difference.
So we've now launched up to four products and they all interact with each other.
So most of our clients use one or two of our products.
So we're also trying to leverage our customers to use other products that we have as well and also have an independent source of adding new customers.
It's profitable.
I like to run it in cash flow neutral, but it is profitable if I...
If we do it that way right now, we plow a lot back in and always ready for explosive growth if necessary without having to add management.
We can always add people, but you can't add management strength.
One of the things we're trying to do is our average price points on deals we've been focused on is between $2,500 and $5,000 a month, which is at the higher end of the market.
One of the things we're doing is opening a marketplace in Q3 that will allow us to go for that $100 to $500 a month price point where we can get the volume.
I've put the challenge out to our biz dev and marketing teams to go from zero to 1,000 customers in 120 days.
How much today do you have?
Today, in the higher end, we have about 100 customers, but that's in total.
Some of them are the lower end, some are the higher end, and some are actually running a free model.
Our expansion is going to come.