Illumineto

company on 1 show · 9 statements across 1 episodes · said 6 times in 1 episodes since 2017

Top Founders 6

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Top Founders 6

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9 statements about Illumineto, every show

Caruso: Cash discounts fail to incentivize SaaS user virality and referrals
“They initially were giving dollar discounts to users to do a referral, and they found out that that wasn't working at all, and we've had the exact same experience. You know, if we said, oh, we'll give you five dollars off if you refer someone, that didn't real…”
Nick Caruso Feb 6, 2017 ▶ 13:43 EP 562: Illumineto Raised $700k raised, Passes 100 Customers with DC Team with CEO Nick Caruso
TOP FOUNDERS Assertion Not checkable as stated
Caruso: Illumineto reports zero paying customer churn over its first six months
“Our churn rate over paying customers right now is surprisingly zero. We haven't had a single paying customer drop off yet.”
Nick Caruso Feb 6, 2017 ▶ 10:50 EP 562: Illumineto Raised $700k raised, Passes 100 Customers with DC Team with CEO Nick Caruso
TOP FOUNDERS Assertion Not checkable as stated
Caruso: Illumineto has over 100 paying customers
“Oh, we have more than a hundred.”
Nick Caruso Feb 6, 2017 ▶ 10:17 EP 562: Illumineto Raised $700k raised, Passes 100 Customers with DC Team with CEO Nick Caruso
TOP FOUNDERS Disclosure
Caruso: Illumineto is not pursuing VC funding right now
“We're not pursuing VC money right now.”
Nick Caruso Feb 6, 2017 ▶ 8:26 EP 562: Illumineto Raised $700k raised, Passes 100 Customers with DC Team with CEO Nick Caruso
TOP FOUNDERS Disclosure
Caruso: Illumineto achieved break-even profitability within six months of launch
“But I can tell you that we're profitable at this point. So we're breaking, you know, we're breaking even profitable.”
Nick Caruso Feb 6, 2017 ▶ 7:10 EP 562: Illumineto Raised $700k raised, Passes 100 Customers with DC Team with CEO Nick Caruso
TOP FOUNDERS Disclosure
Caruso: Illumineto averages $30 per user per month
“Average is 30 dollars per user per month.”
Nick Caruso Feb 6, 2017 ▶ 6:50 EP 562: Illumineto Raised $700k raised, Passes 100 Customers with DC Team with CEO Nick Caruso
TOP FOUNDERS Disclosure
Caruso: Illumineto raised about $700,000 in angel funding
“So we raised we went through an angel round and we raised about 700 K worth of angel.”
Nick Caruso Feb 6, 2017 ▶ 4:58 EP 562: Illumineto Raised $700k raised, Passes 100 Customers with DC Team with CEO Nick Caruso
TOP FOUNDERS Assertion Not checkable as stated
Caruso: Illumineto has over 1,000 users across 500 companies
“So we have about over a thousand customers signed up right now. That represents over 500 different logo companies themselves.”
Nick Caruso Feb 6, 2017 ▶ 3:50 EP 562: Illumineto Raised $700k raised, Passes 100 Customers with DC Team with CEO Nick Caruso
TOP FOUNDERS Disclosure
Illumineto Targets Individual Sales Reps Instead of Enterprises
“And we've got a very unique business model where we're focusing on the individual sales rep, not the actual company themselves.”
Nick Caruso Feb 6, 2017 ▶ 2:32 EP 562: Illumineto Raised $700k raised, Passes 100 Customers with DC Team with CEO Nick Caruso

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