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Taj Adhav

๐Ÿ‘ค Speaker
158 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

Time is your enemy, right?

SaaS Interviews with CEOs, Startups, Founders
Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

You need to have an application that demands to be on everyone's mobile devices as soon as possible.

SaaS Interviews with CEOs, Startups, Founders
Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

So that's really what we're about.

SaaS Interviews with CEOs, Startups, Founders
Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

And that's the reason we raised the capital.

SaaS Interviews with CEOs, Startups, Founders
Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

About 250 customers represents maybe about 1,000 different users in our system and 10,000 plus locations across the US and other geos.

SaaS Interviews with CEOs, Startups, Founders
Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

No, that's not the case because what we've done is had a lower price point model.

SaaS Interviews with CEOs, Startups, Founders
Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

We have seen a pretty strong adoption, strong enough to have 127% net revenue retention.

SaaS Interviews with CEOs, Startups, Founders
Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

Some of our earlier customers were at a lower price point.

SaaS Interviews with CEOs, Startups, Founders
Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

We're now moving them up rather quickly.

SaaS Interviews with CEOs, Startups, Founders
Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

to effectively two to three acts to what they were originally paying.

SaaS Interviews with CEOs, Startups, Founders
Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

So we've got some legacy customers, long story short, and we're excited about where it can take us.

SaaS Interviews with CEOs, Startups, Founders
Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

We're basically at a million in ARR.

SaaS Interviews with CEOs, Startups, Founders
Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

We're tracking to be a million in ARR.

SaaS Interviews with CEOs, Startups, Founders
Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

I think it was very important to make sure it was an affordable price point.

SaaS Interviews with CEOs, Startups, Founders
Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

It's a totally new domain, so we can't just say, hey, it's a $50,000 enterprise sales cycle.

SaaS Interviews with CEOs, Startups, Founders
Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

We typically have a fast sales cycle of anywhere between two days to

SaaS Interviews with CEOs, Startups, Founders
Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

two months, I'd say on average.

SaaS Interviews with CEOs, Startups, Founders
Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

And these are pretty large operators that are kind of multimillion corporations in and of themselves.

SaaS Interviews with CEOs, Startups, Founders
Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

Yeah, we were at probably, let's say,

SaaS Interviews with CEOs, Startups, Founders
Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

20, 15 grand, I'd say.