Tim Saumet
👤 Speaker
103
total appearances
Appearances Over Time
Podcast Appearances
SaaS Interviews with CEOs, Startups, Founders
EP 533: $1.5M Raised, $100k MRR Helping 800 Customers Manage and Track Documents with CEO Tim Samulet
We raised $1.5 million.
SaaS Interviews with CEOs, Startups, Founders
EP 533: $1.5M Raised, $100k MRR Helping 800 Customers Manage and Track Documents with CEO Tim Samulet
Okay, we just began last month.
SaaS Interviews with CEOs, Startups, Founders
EP 533: $1.5M Raised, $100k MRR Helping 800 Customers Manage and Track Documents with CEO Tim Samulet
Congratulations.
SaaS Interviews with CEOs, Startups, Founders
EP 533: $1.5M Raised, $100k MRR Helping 800 Customers Manage and Track Documents with CEO Tim Samulet
Thank you.
SaaS Interviews with CEOs, Startups, Founders
EP 533: $1.5M Raised, $100k MRR Helping 800 Customers Manage and Track Documents with CEO Tim Samulet
And we are thinking about raising more money next year.
SaaS Interviews with CEOs, Startups, Founders
EP 533: $1.5M Raised, $100k MRR Helping 800 Customers Manage and Track Documents with CEO Tim Samulet
We won't go for a typical Series A round.
SaaS Interviews with CEOs, Startups, Founders
EP 533: $1.5M Raised, $100k MRR Helping 800 Customers Manage and Track Documents with CEO Tim Samulet
We don't want that because we want to keep the control of the company.
SaaS Interviews with CEOs, Startups, Founders
EP 533: $1.5M Raised, $100k MRR Helping 800 Customers Manage and Track Documents with CEO Tim Samulet
And for that, we will raise much more than $2 million.
SaaS Interviews with CEOs, Startups, Founders
EP 533: $1.5M Raised, $100k MRR Helping 800 Customers Manage and Track Documents with CEO Tim Samulet
Yes.
SaaS Interviews with CEOs, Startups, Founders
EP 533: $1.5M Raised, $100k MRR Helping 800 Customers Manage and Track Documents with CEO Tim Samulet
And co-founders and our employees.
SaaS Interviews with CEOs, Startups, Founders
EP 533: $1.5M Raised, $100k MRR Helping 800 Customers Manage and Track Documents with CEO Tim Samulet
Yeah.
SaaS Interviews with CEOs, Startups, Founders
EP 533: $1.5M Raised, $100k MRR Helping 800 Customers Manage and Track Documents with CEO Tim Samulet
And it is between we have some employees actually both.
SaaS Interviews with CEOs, Startups, Founders
EP 533: $1.5M Raised, $100k MRR Helping 800 Customers Manage and Track Documents with CEO Tim Samulet
The typical valuation in Europe would be five times our ARR.
SaaS Interviews with CEOs, Startups, Founders
EP 533: $1.5M Raised, $100k MRR Helping 800 Customers Manage and Track Documents with CEO Tim Samulet
Okay.
SaaS Interviews with CEOs, Startups, Founders
EP 533: $1.5M Raised, $100k MRR Helping 800 Customers Manage and Track Documents with CEO Tim Samulet
So when we, I think we will be more than 1 million of ARR end of next year.
SaaS Interviews with CEOs, Startups, Founders
EP 533: $1.5M Raised, $100k MRR Helping 800 Customers Manage and Track Documents with CEO Tim Samulet
Yes, but just this last month.
SaaS Interviews with CEOs, Startups, Founders
EP 533: $1.5M Raised, $100k MRR Helping 800 Customers Manage and Track Documents with CEO Tim Samulet
So we have to show the progress for the next month, at least beginning of next year.
SaaS Interviews with CEOs, Startups, Founders
EP 533: $1.5M Raised, $100k MRR Helping 800 Customers Manage and Track Documents with CEO Tim Samulet
Churn or... Churn.
SaaS Interviews with CEOs, Startups, Founders
EP 533: $1.5M Raised, $100k MRR Helping 800 Customers Manage and Track Documents with CEO Tim Samulet
Yeah, not so much actually.
SaaS Interviews with CEOs, Startups, Founders
EP 533: $1.5M Raised, $100k MRR Helping 800 Customers Manage and Track Documents with CEO Tim Samulet
We...