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Reno Dagon-Frivilli

๐Ÿ‘ค Speaker
145 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Genius Founder Hits $10m Revenue With Just $3.2m Raised

Yeah, more than doubled.

SaaS Interviews with CEOs, Startups, Founders
Genius Founder Hits $10m Revenue With Just $3.2m Raised

That's what we're trying to achieve.

SaaS Interviews with CEOs, Startups, Founders
Genius Founder Hits $10m Revenue With Just $3.2m Raised

It was probably mid-2018.

SaaS Interviews with CEOs, Startups, Founders
Genius Founder Hits $10m Revenue With Just $3.2m Raised

We started to pitch for Series A. But our business model is one mix of, again, RingCentral and Twilio.

SaaS Interviews with CEOs, Startups, Founders
Genius Founder Hits $10m Revenue With Just $3.2m Raised

So we've got

SaaS Interviews with CEOs, Startups, Founders
Genius Founder Hits $10m Revenue With Just $3.2m Raised

a big part of revenue, which is coming from, uh, from the telecom part.

SaaS Interviews with CEOs, Startups, Founders
Genius Founder Hits $10m Revenue With Just $3.2m Raised

So, so the people are purchasing a license from zero and then they are making calls or they are making SMS or WhatsApp.

SaaS Interviews with CEOs, Startups, Founders
Genius Founder Hits $10m Revenue With Just $3.2m Raised

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Genius Founder Hits $10m Revenue With Just $3.2m Raised

The big volume is, is for the calls.

SaaS Interviews with CEOs, Startups, Founders
Genius Founder Hits $10m Revenue With Just $3.2m Raised

Still the telephone is the biggest channels that, that were selling.

SaaS Interviews with CEOs, Startups, Founders
Genius Founder Hits $10m Revenue With Just $3.2m Raised

So we raised $2.2 million in October 2019.

SaaS Interviews with CEOs, Startups, Founders
Genius Founder Hits $10m Revenue With Just $3.2m Raised

We were a very lean company.

SaaS Interviews with CEOs, Startups, Founders
Genius Founder Hits $10m Revenue With Just $3.2m Raised

We were bootstrapped from day one.

SaaS Interviews with CEOs, Startups, Founders
Genius Founder Hits $10m Revenue With Just $3.2m Raised

We're kind of experienced people, so we do very carefully.

SaaS Interviews with CEOs, Startups, Founders
Genius Founder Hits $10m Revenue With Just $3.2m Raised

We are trying to go as fast as possible, but we were super cash efficient, fortunately.

SaaS Interviews with CEOs, Startups, Founders
Genius Founder Hits $10m Revenue With Just $3.2m Raised

So we only raised $2.2 million in 2019.

SaaS Interviews with CEOs, Startups, Founders
Genius Founder Hits $10m Revenue With Just $3.2m Raised

In external funding, we did a safe last year of about 1.2 million again.

SaaS Interviews with CEOs, Startups, Founders
Genius Founder Hits $10m Revenue With Just $3.2m Raised

So for 10 million ARR, we have raised only 3.3 million till date, which I think is pretty cool.

SaaS Interviews with CEOs, Startups, Founders
Genius Founder Hits $10m Revenue With Just $3.2m Raised

What cap?

SaaS Interviews with CEOs, Startups, Founders
Genius Founder Hits $10m Revenue With Just $3.2m Raised

It's kind of confidential, but 25, 30 million.