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Ray Rothrock

๐Ÿ‘ค Speaker
172 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

I mean, I'm just thinking of anybody we've lost in the last this year, none that I'm aware of logos we've lost.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

But we do have people that either they don't renew immediately or they renew six months later.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

It's a definitional thing.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

Wow.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

That's a complicated question.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

So that customer, uh, is DISA and it is a five year deal.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

Uh, so 31 million, five years.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

we probably spent $2.5, $3 million to get that deal over two, three years.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

That's pretty exceptional.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

So what is it?

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

That's 10 to 1.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

That's a pretty good ratio.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

Most of our deals, the $200,000 average deal, we make a little money there.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

It's the renewal or really the expansion where we make our money.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

I'm thinking of a financial company.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

We went from a couple of hundred thousand dollars to $2.7 million.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

Same sales guy, two-year process.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

I don't know, maybe that was a million dollars of expense to close and land it for two years.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

So I'm in a growth mode right now.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

It's hard for me to say there is a number per se because we've got so many people that are expanding.