Grow.com
company on 1 show · 25 statements across 3 episodes · said 25 times in 7 episodes since 2016
Mentions by year, every show
tap a year for its mentions
Top Founders 25
2021 1 mention in 1 episode
2018 12 mentions in 1 episode
2017 2 mentions in 2 episodes 1 per episode
2016 10 mentions in 3 episodes 3 per episode
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EP 491: $13M in Funding, Grow.com Hits $300k MRR, Helping 600 Customers w/ Better Dashboards with Rob Nelson CEO -
EP 490: GoldenKey $3.4M Raised, 1000 Units Sold By Agents Using New Technology with CEO Tommy Sowers -
EP 492: $2M Raised, $12k MRR with DocuFirst CEO Randall Nachman - every mention in 2016, scene by scene →
every mention on every show, scene by scene, with the transcript →
25 statements about Grow.com, every show
Nelson: Traeger CEO Jeremy Andrus sits on Grow's board
“I'm a big fan of Jeremy Andrus, CEO of Traeger. He's a consumer products guy, but knows branding, knows how to scale a business. And he's on our board.”
Nelson: Grow's top B2B users track the entire acquisition funnel
“What we're seeing our customers, our most successful customers track is all around the customer acquisition process, right? With, you know, and B in the B to B world, it's, you know, starting with ad spend leads generated sales opportunities and the conversion…”
Dedicated onboarding teams differentiate Grow.com from Klipfolio in SMB market
“I think one of the things that sets us apart from Clipfolio is you know, BI is complex especially I think for SMBs without IT departments. Without a lot of technical resources. And so we have a whole onboarding team, a whole client success team. It's been, I t…”
Nelson: Grow.com aims to become the HubSpot of business intelligence
“We feel like we can own and dominate this SMB space in BI. What we're looking to do is become the hub spot of BI. You know, and really own and dominate that area.”
Nelson predicts the business intelligence market will undergo future consolidation
“I think that the market, our space will go through a consolidation, but we're not there yet.”
Grow.com has just over 100 employees, including eight in London
“We've got about just over a hundred people. And this past year we opened an office in London. And so we have maybe eight people in London and they're cranking and exceeding targets and doing well.”
Grow.com achieves a 6 to 7 month CAC payback period
“You know, we've got a payback period of about six to seven months.”
Rob Nelson: Grow.com maintains about 2% monthly logo churn
“You know, we're about two percent. You know, I think healthy SMB churn. So yeah, that's what we've been targeting.”
Grow.com is wrapping up its Series B funding round
“No, we've we're just wrapping up the series B and we're coming out and doing a whole press release with that in about two to three weeks.”
Facebook drives bulk of Grow.com's paid acquisition due to lower costs
“Facebook has always done really well for us. You know, it doesn't perform as well as like Google, but you know, it's a lot less expensive. But still the bulk of what we do comes from Facebook.”
Nelson: Grow.com spends $100k to $120k monthly on paid advertising
“We spend about a hundred, a 120 unpaid.”
Nelson: Grow.com has a 60/40 customer acquisition split between paid and organic
“I'd say we've got about a sixty-forty split between organic paid versus organic.”
Nelson: Grow.com employs 35 to 40 people on its sales team
“I mean, we've got around 40 on the sales team 35 to 40 on the sales team.”
Grow.com averages $8,100 in annual contract value
“Average deal size ends up being about 8100 a year in ACV, annual contract value.”
Grow.com more than doubles customer base in 12 months
“We've more than doubled in the last 12 months.”
Latka: Connecting Data Streams Boosts Analytics SaaS LTV by 10x
“I'm talking about Clipfolio, Grow.com, Data Hero, Dasharoo, their number, all of them, the number one issue is the onboarding and actually getting users to connect data streams. If they can get them to do that, lifetime value almost always increases by 10 X.”
Nelson: High-touch onboarding is critical for complex BI products
“The other insight is the customers just need some help. You know BI is complex. Data is complex. And so to have a really good onboarding team that is fairly high touch in the beginning to help customers get immediate value and success out of the application is…”
Nelson: Building a large self-serve SaaS at low ARPU is insanely hard
“When I launched, that's, you know, it was all self-serve. It was, you know, 29 bucks a month or 49 bucks a month, and it's just, it's insanely hard to build something large without, I mean, Dropbox has done it, but very few have.”
Nelson: Grow.com will surpass $350k MRR by December 2016
“Oh, yeah, I mean, we'll, we'll surpass that.”
Nelson: Grow.com did roughly $150k to $200k in 2015 revenue
“2015 was probably maybe I don't know, maybe yeah, a 150 grand, maybe 200 grand.”