Flowhub
company on 1 show · 18 statements across 1 episodes · said 30 times in 1 episodes since 2019
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2019 30 mentions in 1 episode
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18 statements about Flowhub, every show
Sherman: Flowhub customer LTV is roughly $44,000 over five years
“So LTV is five years, about 44,000 dollars.”
Flowhub has about six employees across marketing and sales
“We've got to see about six at this point between marketing and our sales org.”
Flowhub has roughly 40 employees across Denver, SF, and LA
“We're about 40.
Nathan Latka: 40 people all based there in Denver?
Nathan Latka: No.
Kyle Sherman: So we have an office in San Francisco and Los Angeles.
and then our headquarters is in Denver.”
Flowhub Only Started Building a Dedicated Sales Organization in 2019
“We just started building our sales organization this year, if you can believe it.”
Sherman: Most Flowhub customer churn is due to store shutdowns
“A lot, the majority is truly because they shut down though.”
Sherman: Flowhub's net revenue retention is around 100%
“We're right. Yes. We're right around a hundred percent.”
Sherman: Flowhub maintains 98% annual customer logo retention
“We're retaining about 98% of our customers year and year.”
Flowhub Generated a $180,000 Revenue Run Rate in 2016
“In the year before that we were doing a 180 K.”
Flowhub had a $1.6M ARR run rate in August 2017
“August 2017, we were at about one point Six million dollar run rate, I want to say.”
Flowhub Generates Approximately $300,000 in Monthly Recurring Revenue
“Yeah, we're right around 300 K.”
Flowhub operates exclusively in the US across 10 states
“All US based. So we're in 10 states today.”
Flowhub reaches just under 500 customer dispensaries
“We're over probably about just under 500 at this point.”
Flowhub's seed round was led by Poseidon Asset Management
“Early on, our seed round was led by a group called Poseidon out of San Francisco.”
Sherman: Flowhub partnered with HP for all-in-one dispensary hardware systems
“We partnered with HP earlier this year to provide an all in one solution. So these systems ship from HP over to our customers with our platform installed on it.”
Sherman: Flowhub average ACV is around $8,000, reaching up to $45,000
“Our ACV year is around 8000 dollars today. Some go as high as 45,000 dollars.”
Flowhub Teams Sometimes Consume Cannabis for 5 PM Brainstorms
“And you know, as a team, sometimes we do you know, we'll, we'll responsibly consume as a group and we'll you know, certain departments will sit down and talk and brainstorm things at five o'clock. It's kind of our version of the bar cart, but you know, no, dur…”