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Raviv Turner

๐Ÿ‘ค Speaker
100 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 585: CaliberMinds Raises $1.1M Helping 12 Customers Close B2B Leads Using More Intelligence with CEO Raviv Turner

So for software revenue, yes, you're right.

SaaS Interviews with CEOs, Startups, Founders
EP 585: CaliberMinds Raises $1.1M Helping 12 Customers Close B2B Leads Using More Intelligence with CEO Raviv Turner

Correct.

SaaS Interviews with CEOs, Startups, Founders
EP 585: CaliberMinds Raises $1.1M Helping 12 Customers Close B2B Leads Using More Intelligence with CEO Raviv Turner

And plus there is tons of learning in actually providing those services and kind of holding ends with your customer and make sure that they are successful.

SaaS Interviews with CEOs, Startups, Founders
EP 585: CaliberMinds Raises $1.1M Helping 12 Customers Close B2B Leads Using More Intelligence with CEO Raviv Turner

So we actually keep learning from providing these onboarding services.

SaaS Interviews with CEOs, Startups, Founders
EP 585: CaliberMinds Raises $1.1M Helping 12 Customers Close B2B Leads Using More Intelligence with CEO Raviv Turner

Plus, you know, in the kind of messy world of enterprise technology, sometimes you have to go in and kind of fix stuff or clean the data and prep it just to make sure that you can run some machine learning on it.

SaaS Interviews with CEOs, Startups, Founders
EP 585: CaliberMinds Raises $1.1M Helping 12 Customers Close B2B Leads Using More Intelligence with CEO Raviv Turner

So there's definitely a process that includes some services in the offering.

SaaS Interviews with CEOs, Startups, Founders
EP 585: CaliberMinds Raises $1.1M Helping 12 Customers Close B2B Leads Using More Intelligence with CEO Raviv Turner

We bootstrapped the first year.

SaaS Interviews with CEOs, Startups, Founders
EP 585: CaliberMinds Raises $1.1M Helping 12 Customers Close B2B Leads Using More Intelligence with CEO Raviv Turner

We graduated from the Boomtown Accelerator here in Boulder last year.

SaaS Interviews with CEOs, Startups, Founders
EP 585: CaliberMinds Raises $1.1M Helping 12 Customers Close B2B Leads Using More Intelligence with CEO Raviv Turner

And once we started to find product market fit and get some initial traction from customers, this is when we went and raised our 1.1 million seed round led by CEB and Meritage funds.

SaaS Interviews with CEOs, Startups, Founders
EP 585: CaliberMinds Raises $1.1M Helping 12 Customers Close B2B Leads Using More Intelligence with CEO Raviv Turner

So we post revenue and we raised our seed round.

SaaS Interviews with CEOs, Startups, Founders
EP 585: CaliberMinds Raises $1.1M Helping 12 Customers Close B2B Leads Using More Intelligence with CEO Raviv Turner

We closed on a 1.1 million back in October last year, 2016.

SaaS Interviews with CEOs, Startups, Founders
EP 585: CaliberMinds Raises $1.1M Helping 12 Customers Close B2B Leads Using More Intelligence with CEO Raviv Turner

No churn yet.

SaaS Interviews with CEOs, Startups, Founders
EP 585: CaliberMinds Raises $1.1M Helping 12 Customers Close B2B Leads Using More Intelligence with CEO Raviv Turner

I guess it's too early.

SaaS Interviews with CEOs, Startups, Founders
EP 585: CaliberMinds Raises $1.1M Helping 12 Customers Close B2B Leads Using More Intelligence with CEO Raviv Turner

There'll probably be some churn like every other SaaS company.

SaaS Interviews with CEOs, Startups, Founders
EP 585: CaliberMinds Raises $1.1M Helping 12 Customers Close B2B Leads Using More Intelligence with CEO Raviv Turner

So at the most, you know, we had customers just waiting for us to catch on the roadmap and some requested features that we need to catch up on.

SaaS Interviews with CEOs, Startups, Founders
EP 585: CaliberMinds Raises $1.1M Helping 12 Customers Close B2B Leads Using More Intelligence with CEO Raviv Turner

But no churn as of yet.

SaaS Interviews with CEOs, Startups, Founders
EP 585: CaliberMinds Raises $1.1M Helping 12 Customers Close B2B Leads Using More Intelligence with CEO Raviv Turner

It's still too early.

SaaS Interviews with CEOs, Startups, Founders
EP 585: CaliberMinds Raises $1.1M Helping 12 Customers Close B2B Leads Using More Intelligence with CEO Raviv Turner

Most of the business so far was basically leveraging our network and going and meeting customers at events.

SaaS Interviews with CEOs, Startups, Founders
EP 585: CaliberMinds Raises $1.1M Helping 12 Customers Close B2B Leads Using More Intelligence with CEO Raviv Turner

And there is a huge, like I said, there is a huge shift in B2B marketing called account-based marketing.

SaaS Interviews with CEOs, Startups, Founders
EP 585: CaliberMinds Raises $1.1M Helping 12 Customers Close B2B Leads Using More Intelligence with CEO Raviv Turner

So we're kind of riding this account-based marketing wave, where there is just growing pain with existing CRM and marketing automation platforms that