Convo

“Our use case really is three percent of us as users for messaging, so we frankly plan to integrate with products like Slack. 97% of our use case is people working on a document or a conversation in large groups”

“So our I would say we average around seven dollars per user per month is what a customer pays us.”

“So our largest customer is H&M, which has 15,000 employees on the platform.”

“We are roughly 65 people across the globe.”

“So we have roughly 250 customers.”

“One of our customers is CNBC and all breaking news that happens on CNBC goes through Convo because that's the breaking news group uses Convo as the collaboration tool as well”

“What I can tell you, it's, you know, it's in the six figures.”

“So what we find is 90 plus of our customers, 90% plus of our customers who have gone to more than 20 users, they don't churn.”

“It's below five percent actually.”

“Yeah, look, I mean, the cohorts in which you come in from a customer, say a customer that started in 2017, right? We, if we take a look at that as a cohort, we see almost 250% growth on average within, within a customer.”

“We're at the stage where we can predict five X growth just in the first quarter over all of 2018.”

“So we're roughly at nine million dollars.”

“And frankly, we don't really even have, you know anyone in full-time marketing, we have so much, we have customers coming in.”

“That's accurate, but we are near profitability.”