Adolus

company on 1 show · 12 statements across 1 episodes · said 6 times in 1 episodes since 2021

Top Founders 6

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Top Founders 6

2021 6 mentions in 1 episode

every mention on every show, scene by scene, with the transcript →

12 statements about Adolus, every show

TOP FOUNDERS Assertion Not checkable as stated
Eric Byers: Adolus Seed Investors Own Approximately 20% of the Company
“About 20%.”
Eric Byers Oct 9, 2021 ▶ 12:21 Security Software Adolus Breaks $600k ARR, $4m Valuation
TOP FOUNDERS Disclosure
Eric Byers Owns Between 50% and 80% of Adolus
“I own more than 50% and I own less than 80.”
Eric Byers Oct 9, 2021 ▶ 10:44 Security Software Adolus Breaks $600k ARR, $4m Valuation
TOP FOUNDERS Disclosure
Eric Byers: Adolus plans seed round followed by spring Series A
“We're probably going to, well, not probably, we plan to do over the next month or two on one more seed round and then go for an A this spring.”
Eric Byers Oct 9, 2021 ▶ 8:56 Security Software Adolus Breaks $600k ARR, $4m Valuation
TOP FOUNDERS Prediction Not checkable as stated
Eric Byers: Adolus Forecasts Under $1M ARR by End of Year
“We're expecting to close probably two more pilots this year. And we expect to be somewhere below a million annual recurring revenue by the end of the year.”
Eric Byers Oct 9, 2021 ▶ 7:23 Security Software Adolus Breaks $600k ARR, $4m Valuation
TOP FOUNDERS Disclosure
Eric Byers: Adolus Counts Honeywell and Caterpillar Among Enterprise Contracts
“Our large contracts are, you know, our contracts include people like Honeywell and Caterpillar.”
Eric Byers Oct 9, 2021 ▶ 6:22 Security Software Adolus Breaks $600k ARR, $4m Valuation
TOP FOUNDERS Disclosure
Eric Byers: Adolus Generates Just Under $600K in Annual Revenue
“We're doing a little less than 600,000 a year.”
Eric Byers Oct 9, 2021 ▶ 6:16 Security Software Adolus Breaks $600k ARR, $4m Valuation
TOP FOUNDERS Disclosure
Eric Byers: Adolus Has Three Primary Customers and Six Large Pilots
“We've got three primary customers and about six large pilots running right now.”
Eric Byers Oct 9, 2021 ▶ 5:56 Security Software Adolus Breaks $600k ARR, $4m Valuation
TOP FOUNDERS Disclosure
Byers: Adolus has 20 employees, hiring roughly one monthly
“So I think we have 19 people, maybe 20. I guess maybe we have 20 on Monday. So yeah, we've been growing our team pretty aggressively. We've been bringing somebody in just about every month for the last eight months.”
Eric Byers Oct 9, 2021 ▶ 4:16 Security Software Adolus Breaks $600k ARR, $4m Valuation
Byers: Adolus's $4M valuation was an absolute bargain in hindsight
“I think it was a bargain, actually. You know but, you know, I didn't have a crystal ball to know that President Biden would be releasing executive orders about supply chain. I didn't know that SolarWinds was going to happen, so it was, yeah, it was it was an a…”
Eric Byers Oct 9, 2021 ▶ 3:28 Security Software Adolus Breaks $600k ARR, $4m Valuation
TOP FOUNDERS Assertion Supported
Byers: Adolus raised $800k in DHS grants before generating revenue
“We got U.S. Department of Homeland Security so Silicon Valley Initiative Program grants, about 800,000 dollars worth of research grants, so that kept us alive for the first couple of years.”
Eric Byers Oct 9, 2021 ▶ 2:39 Security Software Adolus Breaks $600k ARR, $4m Valuation
TOP FOUNDERS Assertion Not checkable as stated
Byers: Adolus customers pay between $5K and over $40K monthly
“Customers will pay as little as 5000 a month. Some of them are paying, oh, probably north of about 40,000 a month.”
Eric Byers Oct 9, 2021 ▶ 2:12 Security Software Adolus Breaks $600k ARR, $4m Valuation
TOP FOUNDERS Assertion Not checkable as stated
Byers: Companies often do not know if they run SolarWinds
“Nobody you know, nobody has a silver bullet to solve a problem like solar winds, but what we've seen in our customer base and we've heard in government disclosures is the companies don't even know if they run solar winds.”
Eric Byers Oct 9, 2021 ▶ 1:27 Security Software Adolus Breaks $600k ARR, $4m Valuation

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