Ardius
company on 1 show · 12 statements across 1 episodes · said 11 times in 1 episodes since 2021
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2021 11 mentions in 1 episode
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12 statements about Ardius, every show
Ardius had no outside equity on its cap table at acquisition
“I mean, again, there was nobody that was literally on our cap table at the time, right? We had a convertible note at best.”
Ardius received Series A offers at $50M to $100M+ valuations
“We got offers anywhere at a fifty million, a hundred million. I mean, even one that was above that as well.”
Ardius targeted a $10M Series A before exiting to Gusto
“Our target was somewhere close to probably about 10 was what we were thinking about raising ten million.”
Ardius secured up to $4 million in tax credits for one client
“They were in manufacturing had never thought they would qualify for the life of them. And we were actually able to go back you know, four or five years, right. Because it is a refundable credit. So we went back four or five years and it, Culminated to about, y…”
Ardius surpassed $10 million in cumulative client tax savings in 2019
“Yeah. For tax savings. Yeah. I mean, we had companies that came to us that were in the three, four million dollar range.”
Ardius charged 10% to 30% of recovered tax savings as success fees
“Right now we're averaging anywhere from 10 to about 30.”
Mucker Capital invested $200,000 in Ardius through its accelerator program
“They have an accelerator program, so that check size was roughly about 200,000.”
Big Four accounting firms are too expensive for early-stage startups
“And so we actually took them to my former big four and they couldn't service us. We were just too small. Some of our companies were pre-revenue and, you know, the, You know, the labor intensity and the bill rates were just too high for the startups to actually…”