Now Interact
company on 1 show · 11 statements across 1 episodes · said 15 times in 2 episodes since 2017
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Top Founders 15
2017 15 mentions in 2 episodes 8 per episode
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11 statements about Now Interact, every show
Now Interact raised $5M at a $13M-$14M pre-money valuation
“We took in the money, I think it's about
It's about 13, fourteen million pre-money.”
Now Interact's new product grew nearly 100% year-over-year in 2015-2016
“So we have been like, you know, growth rate of about 20% if you look top line, but we, the new product has been growing almost a hundred percent year on year.”
Now Interact is allocating most of its $5M round to US expansion
“Some is going to be invested in R&D, but most of it in sales. And we are, I mean, for us as a European company, it's a quite big thing to go across the Atlantic and start the US operations and hire people in the US and I will move there myself. So the budget f…”
Now Interact plans to spend roughly $500k on marketing for the year
“For the year we are looking to spend roughly, well, half a million or something like that.”
Now Interact operates with 28 employees split across R&D, sales, and CS
“We have 28 people in the team, 50% is R&D, data scientists and developers, and the rest is divided with, divided fifty-fifty between sales and marketing and customer success.”
Now Interact lost only one customer over two and a half years
“One has churned until the last two and a half years, we have lost one customer.”
Now Interact raises $5M Series A, reaching $7M total funding
“Yeah, so we did two million in total in a couple of seed rounds, and then now we did an A round with five million A round.”
Now Interact generates $220K MRR across just 19 enterprise customers
“We have 19 customers on that product, and we are on a MRR of 220 K.”
Åström sold his stake in InLead because it became a consulting firm
“So I decided to sell the company because it wouldn't, it didn't turn out as a software play as I would like it to be. And the database itself were not as big as it should be. So it ended up being more of a consultant business, which I, well, it's interesting, …”