Everything AJ Altman said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Altman: Exterior property services is an untapped $100B to $200B market
“Well, because effectively what it does is it unlocks the hundred to two hundred billion dollar exterior property services business that no one's ever been able to sell online, right? It effectively allows us to create ways to sell products that go on buildings…”
Altman: Contractors almost never churn from Hover after two or three uses
“Nearly anyone who joins our product and starts to generate this data on a, you know, once they've done it two or three times, they are not leaving this product.”
Altman: Hover charges a $40 to $50 flat fee per data package
“We get paid transactionally today. We effectively, every time we generate that data set, that data package for our professional customer, someone who's working on a building or selling a service or product to that building, they pay us some flat fee of typical…”
Altman: Hover has grown 4x year-over-year consecutively
“I can tell you we've grown four X Year over year over year, but I, we haven't exposed actual actual numbers there.”
Altman: 20M to 30M exterior project estimates happen annually in North America
“I can tell you how many how many, roughly how many estimates happen across North America every year for these types of projects. It's between 20 and thirty million.”
Hover's early development was funded by Department of Defense contracts
“It was a number of DOD contracts. Yes, a number of deals we did selling software to help, help the US government in, in, in tough places.”
Hover raised a $25 million Series B led by GV
“We closed our series B last December. You can see that publicly. It's a twenty-five million dollar round led by GV.”
Altman: Hover works with tens of thousands of US contracting companies
“Hundreds of thousands of contracting companies in the country, and we're dealing with tens of thousands of them today.”
Altman: Nearly all paying Hover customers are contractors, not homeowners
“We do have a small number of DIY homeowners that that, that segment is growing rapidly, but the lion's share of our customer base and nearly all of our paying customers are contractors.”
Altman: Hover reached 115 employees after doubling headcount two consecutive years
“Yeah, so the team, we just crossed a 115 employees. We went from 50 to a 110 in the last 12 months. So we're growing rapidly. But yes you know, the number was The number was in the twenties the year before that.”
Altman: Hover holds single-digit market share among contractors
“Oh, a single digit percentage.”