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Sachin Bala

๐Ÿ‘ค Speaker
141 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

Correct.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

Interesting.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

And out of that, more than 70% are paying customers.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

Right.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

Well, yeah.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

Some are doing the $50.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

Some did the $500.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

But yeah, it's a cross around the $50 and the $500.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

So we've been, we did do a raise to help us fund the project.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

You know, we've done two friends and family raises so far.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

The last raise that we did was really focused on strategic.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

So first year, the first in 2020, we raised close to over a little over 100,000 to help us build the prototype and carry us through for a few months.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

And then later this year, sorry, in 2021, we raised close to a million dollars through strategic partners with professionals.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

So legal and financial partners.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

No, we didn't split it down the middle.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

Jesse, our partner and the founder, he actually had the idea.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

So we've been working with him.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

I've been there since literally day one.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

I came up with the name and everything.