Gorgias routes Stripe and Datanyze data through Segment for growth
“A simple example is like, we're going to connect our application, our calendar, our payment app, which is Stripe, Datanize that enriches data, and we're going to send all this data to a tool called Segment.”
NotableList analyzes actual emails instead of scraping webpages to identify tech stacks
“They're looking at web pages to see, you know, so if you want to know what someone's using in their email, obviously you want to look at the emails, not their web pages. And that's the key difference between what we do and say what a built with us or data nice…”
Datanyze, Mattermark, or Hoovers secretly uses RocketReach data
“One of the people that you mentioned actually uses our data.”
Semin: Datanyze serves approximately 500 customers
“We have about 500 customers.”
Semin: Datanyze's average contract size is around $20,000 per year
“It's about 20,000 dollars a year.”
Semin: Datanyze generated around $50,000 in first-year revenue
“First year, I would say maybe 50,000 dollars, something like this.”
Semin: Datanyze was profitable at $1M revenue before fundraising
“We actually, we didn't have to raise money at all. We were profitable back then but, and we were about, we were making maybe a million dollars a year”
Semin: Datanyze investors included Mark Cuban and Google Ventures
“So we raised a very good round and investors included somebody like Mark Cuban, for example, and top VC firms like Google Ventures.”
Semin: Datanyze ARR grew from $2M to $6M during 2015
“So in 20 in 2015, we went from about two million dollars at the beginning of the year to about six million at the end of the year.”
Semin: Datanyze monthly churn is under 1%
“Yeah, no, churn, so churn for us is less than one percent a month.”
Semin: Datanyze customer acquisition cost is around $9,000
“Well right now our customer acquisition cost is around 9000 dollars.”
Semin: Datanyze sees 50/50 split between inbound and outbound leads
“We have pretty much 50, 50% split between inbound and outbound.”
Semin: Datanyze sales reps have monthly quota of $50k ARR
“For a typical sales rep, they need to close about 50 50 K in ARR on a monthly basis.”
Semin: Datanyze has roughly 20% conversion rate from demo to close
“So, I would say it's 20, about 20% conversion rate from demo to close business.”
Semin: Datanyze is growing revenue at about 7% month-over-month
“About seven percent.”
Semin: Datanyze is cash-flow positive in most months
“No, we're cashflow positive, right? So some months, of course, especially if it's a big event, you know, like Dreamforce, we'll spend more money, and in this case, we'll probably be cashflow negative, but in most cases, we're cashflow positive.”
Semin: Datanyze co-founders did not split equity evenly
“So and since since I was working on this for one and a half years obviously that, that was not an even split.”
Datanyze has about 500 customers as of June 2016
“We have about 500 customers.”
Datanyze's average annual contract value is about $20,000
“It's about 20,000 dollars a year.”
Datanyze generated roughly $50,000 in its first year of revenue
“First year, I would say maybe 50,000 dollars, something like this.”
Datanyze raised $1.8 million in venture funding in July 2014
“We raised 1.8 million in July, 2014.”
Datanyze hit $1M revenue and profitability before raising outside capital
“We actually, we didn't have to raise money at all. We were profitable back then but, and we were about, we were making maybe a million dollars a year, but the problem was when you start selling to. No, sorry, top line. Top line, yeah. Revenue, yeah.”
Enterprise buyers avoid unbacked startups over continuity fears
“The problem when you start selling to enterprise customers is that they don't, Really like to deal with small companies, you know, two guys in the garage, like they don't like it. So they're like, well, well, we're going to sign this three-year contract. How d…”
Mark Cuban and Google Ventures backed Datanyze
“Investors included somebody like Mark Cuban, for example, and top VC firms like Google Ventures.”
Datanyze tripled its ARR from $2M to $6M in 2015
“In 2015, we went from about two million dollars at the beginning of the year to about six million at the end of the year.”
Datanyze recognized about $4 million in GAAP revenue in 2015
“Well, gap revenue it's probably you know, four million or something like this”
Datanyze maintains a monthly customer churn rate under 1%
“So churn for us is less than one percent a month.”
Datanyze spends about $9,000 to acquire a new customer
“Right now our customer acquisition cost is around 9000 dollars.”
Almost all Datanyze customers pay annually upfront
“Almost all our customers pay upfront.”
Datanyze acquires customers equally through inbound and outbound channels
“We have pretty much 50, 50% split between inbound and outbound.”
Datanyze sales reps carry a $50,000 monthly ARR quota
“For a typical sales trap, they need to close about 50 50 K in ARR on a monthly basis.”
Datanyze converts about 20% of product demos into closed sales
“So, I would say it's 20, about 20% conversion rate from demo to close business.”
Datanyze grows monthly revenue by approximately 7% month-over-month
“About seven percent.”
Datanyze is cash flow positive in most operating months
“No, we're cashflow positive, right? So some months, of course, especially if it's a big event, you know, like dream force, we'll spend more money. And in this case, we'll probably be cashflow negative, but in most cases we're cashflow positive.”