Facelift
company on 1 show · 11 statements across 1 episodes · said 9 times in 1 episodes since 2021
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2021 9 mentions in 1 episode
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11 statements about Facelift, every show
Facelift's largest client deploys platform to 30,000 insurance agents
“That's a client. It's from the insurance business. They have a lot of agents in the field and everyone for them is using our product in terms of getting the social strategy right on the ground. And they have about. 30,000 users running live on the system.”
Facelift's largest enterprise customer generates $50,000 monthly revenue
“The highest AR is about 50,000.”
Töpper: Facelift gross revenue churn was around 20%
“The growth revenue churn the churn was about 20%.”
Töpper: Facelift pays sales reps a 10% commission on new deals
“It's about 10% of the new best sale to be very concrete.”
Töpper: Facelift operates at approximately a 30% profit margin
“I mean, we have around, let's say, 3030 30% margin, so you can calculate it.”
Teo Töpper admits Facelift sold too early and missed VC growth
“And I mean, if I look back, I think we sold too early.
Yeah.
Or we could have raised more to a fairly good valuation at that time.
And back then in 2017.
And I think we have grown much, we could have grown faster with more VC money inside.”
Facelift co-founders sold company to strategic investor DuMont via equity swap
“And then in 2017, we sold, we started selling the company to a strategic investor. Where we now have a share on the holding structure. So we swapped basically.”
Facelift raised $15M roughly three and a half years post-launch
“No, we have raised after, after three years, three and a half years, we have raised fifteen million.”
Facelift pitched its initial enterprise clients using Photoshop mockups
“And we started Bootstrapped. We had actually no funding, nothing at all, nothing from our family, and we really started with just a bunch of Photoshop files, which we showed our client and told them this is our product.”