Will Cordes
๐ค SpeakerAppearances Over Time
Podcast Appearances
Are you bootstrapped today?
We raised $225K.
So for all intents and purposes, yes, we're bootstrapped.
And I've got all that money and more in the bank.
We've got about $350K in cash.
So we've been really cash efficient as a business, thankfully.
How much are you hoping to raise right now?
Probably a million, a million and a half.
That's kind of the target.
Again, we've been going through this a while, right?
And you probably know this better than most people.
I think coming in as a service business and transitioning to SaaS,
It's a challenging story for kind of investors to grasp, especially pure play SaaS investors.
But we're using all the data that we've gathered to really as a proof of concept to say people are willing to pay this much per month.
They're looking for kind of that consistent financial support and not just somebody to whip them up a model that they can shoot off to an investor to raise some capital.
They want that consistent, trusted resource with a little bit of that tech enabled automation to drive for their efficiency.
So with the platform, we're really looking to kind of enable and bring together the finance stack for a typical SaaS company.
So transactional data, financial statement data and ops data.
bring it into one universe and cleanse it, and then build interesting use cases on top of that.
So whether they're analytics, measuring your metrics or dashboard, looking at sales efficiency, helping to raise venture debt, for example, those are all use cases that we can help automate and streamline moving forward.