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Shriram Shubhamanian

๐Ÿ‘ค Speaker
143 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

So in that model is where we don't have the visibility.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

But yes, if we are onboarding them directly in a pure SaaS hosted by us, yes, then we absolutely know and we price accordingly.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

Right.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

Absolutely.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

No, it's usually that our sweet spot is multi-location and multi-country retailers.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

So definitely there's a pretty good chance that that would translate to thousand plus locations comfortably.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

I see.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

Most of these would be on average, let's say our typical profile would be five or six locations.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

Yeah.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

Yeah.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

We just raised some seed capital, mostly through angels.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

And the idea there was just to get

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

to a proof point where we can get to profitability and sustained revenue growth and not require VC funding for sustainability.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

And that's where we are now.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

So we are now profitable.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

And then we haven't really made up our mind of like having to raise VC capital.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

Is that the right path or not?

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

But the focus is entirely on making this a big sustainable business.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

A little over one and a half million.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

It was a rolling close all the way to 2018.