Smith.ai
company on 1 show · 14 statements across 1 episodes · said 24 times in 1 episodes since 2023
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14 statements about Smith.ai, every show
Lee: Today's AI startups are unproven UI wrappers lacking revenue
“If you look at all the AI companies today, they have a nice, I call the UI wrapper on top of AI or chat GPT, but the revenue is very lacking. It's unproven.”
Lee: Smith.ai raised on a SAFE cap near $100M
“Oh, it's much higher than that. I think it's higher than that. It was like close to more like a hundred.”
Lee: Smith.ai has raised close to $13M total
“I think together, like we raised, like with us, angel investors and the safe note, I think I was close to 13, one, three.”
Lee: Private Business Calls Create A Data Moat Against Public LLMs
“ChatGPT, they're using all the public data, public information, but there's so much information that is not public, like all the claws in the chest for the company and for the businesses, they're not. So we have all the advantage.”
Aaron Lee: All 600 Smith.ai employees and agents are in North America
“They're all in North America.”
Aaron Lee: Smith.ai employs over 600 people across headquarters and agents
“So the team that we have about total, I would say their headquarter plus agents about more than 600 people.”
Lee: Smith.ai crossed $20M ARR run rate
“We are doing, I think like a few months ago, we crossed twenty million dollar annual rate.”
Lee: Smith.ai could reach 5,000 to 6,000 customers by year-end
“Oh, I think we can actually get to about like, if we are lucky, we probably can get a five to 6000.”
Lee: Average Smith.ai customer pays close to $1,000 per month
“So it's around like I would say close to a thousand dollars. Like, of course we have like a smaller business that pay a few hundred dollars. We have bigger businesses that pay like close to 10,000 dollars per month.”
Aaron Lee: Smith.ai founders invested hundreds of thousands of personal capital
“Oh, hundreds of thousands of dollars. Yeah. Yeah. It's not, not small amount. It's significant.”