Involve.ai
company on 1 show · 15 statements across 1 episodes · said 23 times in 3 episodes since 2022
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2023 21 mentions in 1 episode
2022 2 mentions in 2 episodes 1 per episode
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15 statements about Involve.ai, every show
Bhattacharya: Involve.ai retains over $10M of its $16M Series A
“75% of it, so ten million plus now.”
Bhattacharya: Involve.ai can reach $20M ARR without raising more capital
“We don't think we would need to raise another round, at least in the near future to keep growing. And we feel we can get to ten million, even twenty million in ARR very quickly without even raising extra capital.”
Bhattacharya: 70% of Involve.ai's coding is generated by AI
“70% of our coding is now done with AI.”
Bhattacharya: Early startups raising at $100M+ valuations struggle to justify them
“There's a lot of, you know, CEOs that I listened to that raised that really high valuations, a 102 103 104 105 hundred million in early, early days. And it's really hard now, right, with the markets where they are. It's really hard to live up to those valuatio…”
Bhattacharya: Involve.ai raised Series A at a $64M post-money valuation
“Yeah, it was 48, three, so 64, of course.”
Bhattacharya: Sapphire Ventures led Involve.ai's $16M Series A in 2022
“We actually got a series A with Sapphire Ventures, so they led our series A in twenty-twenty-two, and we raised sixteen million in series A, and we haven't used a lot of that money.”
Bhattacharya: Involve.ai operates with a team of 12 people
“Small team, they're 12 people right now.”
Bhattacharya: Involve.ai average contract value is around $52,000
“Mid-market motion average contract values are 52,000 dollars, I believe, right now.”
Bhattacharya: Involve.ai competes with ChurnZero and Gainsight
“We would compete. You could say we compete with turn zero, like insight would be another one, right? The others as well.”
Bhattacharya: Involve.ai targets roughly $5M ARR by end of 2023
“So this year we're launching another product. So we want to get to about five million by the end of the year.”
Bhattacharya: Involve.ai scaled from $0 to $1.5M ARR in 2022
“We went from zero to 1.5 million in ARR from 20, from when we started in 20, 22 to where we ended 20, 22 at.”
Verizon paid Involve.ai $1.45M in 2021, saving it from bankruptcy
“They actually decided to pay us 1.45 million dollars because that was in their budget of what they were spending or looking for a platform that year in 20, 21, which gave us enough runway to survive.”