Sam Caucci
๐ค SpeakerAppearances Over Time
Podcast Appearances
Got it.
Yeah, great.
So in a nutshell, we're a mobile game platform for employee training.
So we've all sat through our fair share of workshops and trainings and videos that missed the mark or put us to sleep.
We take everything you need to know to do your job, whether it's selling, servicing, frontline, full-time.
We gamify it into quick-burst trivia games that you can use to upskill your workforce faster, better, and more effectively.
It's monthly.
So we're a SaaS model.
Upfront integration fee ranges from 5K all the way up to 50K.
We have a monthly recurring fee that...
It's anywhere between $1,000 and up based off number of employees on the platform.
We closed out last year at $1.2 million in revenue.
Going into this year, we have around $800K in our annual recurring revenue stream.
So $800K in recurring revenue on subscription from 82 clients on our platform.
Correct.
Got it.
So we have an initial integration fee that is charged to take the client's current content, convert it onto our platform, and get them jump-started.
So the integration fee is a one-time fee customers pay.
And then because companies think of our purchase as an enterprise purchase, they budget it.
We don't really have a monthly recurring stream.