Inkit
company on 1 show · 13 statements across 1 episodes · said 10 times in 1 episodes since 2020
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13 statements about Inkit, every show
Inkit's annual contract value to customer acquisition cost ratio exceeds 3:1
“I mean, from what we've heard, typically like metrics are three to one is like good. We're way more than three to one.”
Inkit achieves over 50 percent year-over-year revenue expansion from existing customers
“Very, very high expansion. So we're north of 50% on expansion side.”
Inkit experienced zero gross revenue churn over the past 12 months
“We've had no churn. So we're actually, our customers are buying more from us than they were.”
Inkit operates as a cash-flow neutral business as of July 2020
“We're neutral. We're pretty much neutral as far as things from how we're sitting at the moment.”
Inkit has raised less than $1 million in outside capital
“We've definitely raised less than a million.”
Inkit is growing year-over-year revenue by more than 300 percent
“I mean, we're definitely more than tripling.”
Inkit aims to hit a $5 million ARR run rate in 2021
“I mean, we think we can definitely do it next year. We've got a couple big ones in the pipeline right now that are certainly able to get us there quickly.”
Inkit has surpassed a $1 million annual recurring revenue run rate
“We're already, yeah, well past that.”
Inkit averages around $100,000 in annual contract value
“We're right around that like a hundred K clip range.”
Inkit serves over 100 paying customers and offers no free tier
“Yeah, we don't, we, we're really not, we don't do free from a business side. So we have, you know, a hundred plus customers, and customers come from a wide variety of industries.”
Inkit expects sales reps to close $400,000 in first-year ARR
“Correct. Right now we have a lot of, we have a lot of those types of clients just coming in inbound. So it's pretty, it's, It, it'd be pretty tough not to hit, you know, those types of types of quotas that we've laid out already.”
Minneapolis-based Inkit pays sales reps Silicon Valley and NYC baseline compensation
“So this is a two big inputs we have is one, we have a baseline compensation and a baseline comp is we actually pay very similar to like what a sales rep would make in Silicon Valley or New York city.”