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Tom Gibby

๐Ÿ‘ค Speaker
142 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

But also, we actually thought that the benefits of automation for our clients, even though they were getting huge benefits from the tools they were building, we actually thought that the benefits would be far better to be used internally rather than externally.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

So we kind of pivoted about a year or so later

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

And we ran a Betaworks experiment on the side to see if our customers would also get value from building their own automated work tools on Workplace and Facebook.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

And because we were already a messenger partner, we could actually plug our software directly into Workplace without actually having to rebuild too much of it.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

Kind of, yeah.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

It's not the way our platform works.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

It's not really like an app that you download.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

It's like, you know, it's very much like B2B enterprise software that you would then connect to your workplace instance or to Microsoft.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

I think at first it was probably channel promotion through those partners, so through Facebook.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

They were a big fan of ours and what we were doing on Messenger, and they were really interested to see if the benefits of bots and automation could also be applied to this workplace tool that they were building as well.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

Microsoft Teams.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

Well, we've only been working on Microsoft Teams for the last six to nine months or so.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

So definitely Workplace.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

Around 35.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

35.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

No, we do much more than that.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

So our annual revenue is just under $2 million and our MRR is $110K.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

And if you notice there's a difference between that, that's because as well as charging for license, we also have service revenue on top of that.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

So some of our customers, for example, pay us.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

We actually find that for some of our customers, they might be a bit time poor.