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Thomas Kedar

๐Ÿ‘ค Speaker
185 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

What we see is they cease to exist, usually due to some

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

business continuity issues such as COVID and so on.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

Yes, we have a bonus scheme in place for customer success.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

But since it's a usage-based pricing, we usually grow together with our clients.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

Yeah, we set up some base numbers for the expansion based on historical data.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

And then anything top of that, they get a chunk of the revenue, which is expanded on top of the average expansion.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

So it's not too much, but it's, you know, it's very motivational, I would say.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

And, you know, it's something that, you know, I was not thinking before, but our chief commercial officer actually has came up with the idea and implemented just recently and actually works very well.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

So I can recommend to all the startup founders out there.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

Oh, that's a good question.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

I would have to look up.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

I can't say on top of my mind.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

Uh, I, I can look up right now.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

Okay.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

And shit just now.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

Uh, net expansion.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

Uh, uh,

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

Yeah, should be at least 2% uplift from previous month.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

That's the base.