Santiago Bibiloni

So it's product features, but that will be for sales enablement.

I'm curious, I mean, playing out of COVID valuations, or I'm just curious generally about when you guys raised 6 million, you can give me a range if you want, but like what valuation do you guys raise at?

So we're typically racing at 25X revenue.

Okay.

Got it.

So what, like how much of the company were you selling for 6 million, like 15%, something like that?

Yeah.

I mean,

Today, we were lucky enough because we were growing at 9.8% month over month.

That's like kind of doing 170, 180% year over year.

That's like tripling revenue year over year.

So we were lucky that we got a good valuation at this time.

And yeah, we got diluted

kind of like 10% on this bridge round because we raised 2 million and then we raised 4 at different valuations, different terms.

The same round, but we were, yeah, as we were growing, we decided to split terms.

And yeah, for the last 4 million, we got diluted like 10%.

When was the first 2 million closed?

Like a year ago.

Oh, I see.

I see.