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Shonak Roy

๐Ÿ‘ค Speaker
348 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Edtech SaaS Breaks $4m, Looking at $10m Series B Next

I mean, we have done studies now with

SaaS Interviews with CEOs, Startups, Founders
Edtech SaaS Breaks $4m, Looking at $10m Series B Next

As I said, over 12 universities, we drive higher retention, higher engagement in a pretty high level, and that has a huge impact on the school.

SaaS Interviews with CEOs, Startups, Founders
Edtech SaaS Breaks $4m, Looking at $10m Series B Next

I think our biggest advantage right now is that we have that technology that works.

SaaS Interviews with CEOs, Startups, Founders
Edtech SaaS Breaks $4m, Looking at $10m Series B Next

Now, of course, in terms of sales and building up a sales force to be able to scale it to every colleges and universities, that's where the investment is going to go.

SaaS Interviews with CEOs, Startups, Founders
Edtech SaaS Breaks $4m, Looking at $10m Series B Next

EdTech is quite different from this e-commerce site where you can set up a site and sell things online, which is it's low friction to get into business.

SaaS Interviews with CEOs, Startups, Founders
Edtech SaaS Breaks $4m, Looking at $10m Series B Next

But EdTech has a slightly different way of scaling.

SaaS Interviews with CEOs, Startups, Founders
Edtech SaaS Breaks $4m, Looking at $10m Series B Next

Of course.

SaaS Interviews with CEOs, Startups, Founders
Edtech SaaS Breaks $4m, Looking at $10m Series B Next

We have about 30 people in the team now.

SaaS Interviews with CEOs, Startups, Founders
Edtech SaaS Breaks $4m, Looking at $10m Series B Next

Yeah, we have a sales team of about five people now.

SaaS Interviews with CEOs, Startups, Founders
Edtech SaaS Breaks $4m, Looking at $10m Series B Next

You mean like scaling the team?

SaaS Interviews with CEOs, Startups, Founders
Edtech SaaS Breaks $4m, Looking at $10m Series B Next

How did you come up with the quota?

SaaS Interviews with CEOs, Startups, Founders
Edtech SaaS Breaks $4m, Looking at $10m Series B Next

We, you know, I mean, just to be, we have to be realistic.

SaaS Interviews with CEOs, Startups, Founders
Edtech SaaS Breaks $4m, Looking at $10m Series B Next

So, you know, when we started the process, we started scaling the team last year.

SaaS Interviews with CEOs, Startups, Founders
Edtech SaaS Breaks $4m, Looking at $10m Series B Next

So the last year's goal was to get a bit of the pipeline and build a relationship.

SaaS Interviews with CEOs, Startups, Founders
Edtech SaaS Breaks $4m, Looking at $10m Series B Next

So, you know, flexible year one, we are very flexible year two onwards.

SaaS Interviews with CEOs, Startups, Founders
Edtech SaaS Breaks $4m, Looking at $10m Series B Next

We start to put a quote on what we see some of the salespeople.

SaaS Interviews with CEOs, Startups, Founders
Edtech SaaS Breaks $4m, Looking at $10m Series B Next

I mean, if you have five people, if somebody is kind of going and hitting a certain number, we know that that's possible.

SaaS Interviews with CEOs, Startups, Founders
Edtech SaaS Breaks $4m, Looking at $10m Series B Next

That's kind of when we play for year two, that's kind of the bar we set for the rest of the team.

SaaS Interviews with CEOs, Startups, Founders
Edtech SaaS Breaks $4m, Looking at $10m Series B Next

um, about like 12 people are engineers abroad in the engineering team.

SaaS Interviews with CEOs, Startups, Founders
Edtech SaaS Breaks $4m, Looking at $10m Series B Next

We'll see.