Stas Kulish

Yeah, it is SaaS.

It's a subscription model based on the use.

What it does, it actually provides teams within chats mainly with the ways to praise and share some appreciation and show some recognition between peers.

So this was done before, obviously, on the web, but not on chats.

And what we built is growing from chats back to the web, probably.

Slack and Microsoft Teams and actually Telegram.

But we have several chats.

We focus on this in-chat interface where people type in stuff.

And this is new.

This is a new component to this appreciation field.

Well, it means that when Expedia comes to buy this tool, they are saying, yes, we installed this Slack, and it's really, really cool, but not all of our employees are using chats.

And do you have a web panel now that we can use with the login and password and stuff?

We don't have it yet, and we want to get there, but that field is crowded.

So we're basically approaching the problem that already exists, but from the different angle, from the angle of interface typing in chats.

Well, just yesterday, we hit 200k annual revenue.

So that means 17,000 a month.

That would be 233 paying teams, which translates in approximately 20,000 active users.

Well, they send karma.

They send these appreciation points to each other.

That means that they are using the system.