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Will Cordes

๐Ÿ‘ค Speaker
153 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
KPISense Raising $1.5m Now on $1.2m Revenues As Tech Enabled CFO For SaaS Founders

We've raised 225K.

SaaS Interviews with CEOs, Startups, Founders
KPISense Raising $1.5m Now on $1.2m Revenues As Tech Enabled CFO For SaaS Founders

So for all intents and purposes, yes, we're bootstrapped.

SaaS Interviews with CEOs, Startups, Founders
KPISense Raising $1.5m Now on $1.2m Revenues As Tech Enabled CFO For SaaS Founders

And I've got all that money and more in the bank.

SaaS Interviews with CEOs, Startups, Founders
KPISense Raising $1.5m Now on $1.2m Revenues As Tech Enabled CFO For SaaS Founders

We've got about 350K in cash.

SaaS Interviews with CEOs, Startups, Founders
KPISense Raising $1.5m Now on $1.2m Revenues As Tech Enabled CFO For SaaS Founders

So we've been really cash efficient as a business, thankfully.

SaaS Interviews with CEOs, Startups, Founders
KPISense Raising $1.5m Now on $1.2m Revenues As Tech Enabled CFO For SaaS Founders

We got to grow faster.

SaaS Interviews with CEOs, Startups, Founders
KPISense Raising $1.5m Now on $1.2m Revenues As Tech Enabled CFO For SaaS Founders

Minimum is 100% over the past several years.

SaaS Interviews with CEOs, Startups, Founders
KPISense Raising $1.5m Now on $1.2m Revenues As Tech Enabled CFO For SaaS Founders

Uh, kind of, it's, it's kind of an evolution, right?

SaaS Interviews with CEOs, Startups, Founders
KPISense Raising $1.5m Now on $1.2m Revenues As Tech Enabled CFO For SaaS Founders

So, uh, I started doing this work back in 2015 and it's, it's funny if you search SAS outsource CFO or SAS financial model, my name or my old website, it typically is on the first page of Google.

SaaS Interviews with CEOs, Startups, Founders
KPISense Raising $1.5m Now on $1.2m Revenues As Tech Enabled CFO For SaaS Founders

And not to say that I'm the best or I know the most, it's more, uh, just that there wasn't a lot of specialized services and for SAS companies, uh, with deferred revenue, with the different metrics,

SaaS Interviews with CEOs, Startups, Founders
KPISense Raising $1.5m Now on $1.2m Revenues As Tech Enabled CFO For SaaS Founders

And with a lot of kind of the unique financial statement and kind of other kind of data challenges that are posed, it was a good opportunity.

SaaS Interviews with CEOs, Startups, Founders
KPISense Raising $1.5m Now on $1.2m Revenues As Tech Enabled CFO For SaaS Founders

So started KPI since about 18 months ago to really help companies and blend automation and kind of product related focus with expertise in the space.

SaaS Interviews with CEOs, Startups, Founders
KPISense Raising $1.5m Now on $1.2m Revenues As Tech Enabled CFO For SaaS Founders

Correct.

SaaS Interviews with CEOs, Startups, Founders
KPISense Raising $1.5m Now on $1.2m Revenues As Tech Enabled CFO For SaaS Founders

Launched in 2019.

SaaS Interviews with CEOs, Startups, Founders
KPISense Raising $1.5m Now on $1.2m Revenues As Tech Enabled CFO For SaaS Founders

Yep.

SaaS Interviews with CEOs, Startups, Founders
KPISense Raising $1.5m Now on $1.2m Revenues As Tech Enabled CFO For SaaS Founders

So we've been in business for about 18 months.

SaaS Interviews with CEOs, Startups, Founders
KPISense Raising $1.5m Now on $1.2m Revenues As Tech Enabled CFO For SaaS Founders

Got a team of 13 now, and we work with close to 50 companies.

SaaS Interviews with CEOs, Startups, Founders
KPISense Raising $1.5m Now on $1.2m Revenues As Tech Enabled CFO For SaaS Founders

Correct.

SaaS Interviews with CEOs, Startups, Founders
KPISense Raising $1.5m Now on $1.2m Revenues As Tech Enabled CFO For SaaS Founders

That's great.

SaaS Interviews with CEOs, Startups, Founders
KPISense Raising $1.5m Now on $1.2m Revenues As Tech Enabled CFO For SaaS Founders

And almost all of those are SaaS businesses, anywhere from 500K of ARR up to 50 million of ARR.

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