NoCRM
company on 1 show · 12 statements across 1 episodes
12 statements about NoCRM, every show
Paris: noCRM funds growth via non-dilutive French government grants
“There's a way to raise some money without touching the capital in France, so we are using this kind of mechanism. Yeah, it's a grant, but By government stuff.”
Paris: noCRM is profitable and has no plans to raise capital
“The company's profitable, and we don't want to, for the moment, we, we're fine like that.”
Paris: noCRM spends roughly $20,000 monthly on Google AdWords
“We have around 15 maybe in dollars, maybe 20,000 dollars per month.”
Paris: noCRM predecessor ULink Pro raised €600,000 before pivoting
“No, the initial raise rise more about 600,000 euros.”
Paris: noCRM bootstrapped its product pivot without raising new capital
“We've raised a little bit of money on the ULink Pro, the social network, but when we decide to pivot, we pivot without raising any money. So it's really bootstrapped. My point of view.”
Paris: noCRM monthly revenue churn is slightly below 3%
“Around three, a little bit less than three percent.”
Paris: SMB CRM startups must rely on new logos over seat expansion
“No, it's adding brand new customers. That's one of the problem of this kind of product. Basically you sign a company and those companies do, do not hire much more salespeople, you know, they grow, but they don't grow at hyper high speed. So you can't rely on t…”
Paris: noCRM is growing its revenue over 50% year-over-year
“We are, I'm more than 50% raise a year to year.”
Paris: noCRM pivoted from corporate social networks due to limited market
“Because before that, we were in a quite more hype market. That was the corporate social network. And in fact, it was quite difficult to sell the product. First of all, we didn't find any CRM that we liked to sell our product. And we realized that the market wa…”
Paris: Average noCRM customer spends roughly $60 monthly across five seats
“Let's say the average is five people paying 15 bucks. So six, let's say, 60 bucks per month.”