Sean Sankaran

Actually, interestingly, I sold my house, became the entrepreneur who sold his house to Woodstrap.

About $200,000 and I used close to $250,000 in the company throughout this eight years.

2016.

Actually, we did a kind of a rise, semi-rise from our friends, family and extended industry members from Silicon Valley and the US.

So we raised close to some $100,000 from the industry and maybe a couple of $100,000 from family.

We raised almost less than a million dollars.

It was not a real crowdfunding per se, but it was a kind of extended one.

Because I think we started the business out of India.

The engineering was always out of India.

And in India, the venture capital's appetite to understand this kind of enterprise proposition, your new SaaS enterprise proposition for a new industry.

I think was very less.

I think people didn't get enterprise at all in the Indian venture capital community.

So particularly at least for a new blue ocean.

So I think that may be the reason I thought, okay, let's bootstrap.

In fact, I raised a debt from government of India, which is a very unusual source.

I raised $150,000 debt.

I mortgaged my house to get it.

And it was a very interesting journey.

That was the seed for the company, actually.

No, we paid back.