Everything Al Lagunas said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Lagunas: Levee converted world's largest hotel brand into an active customer
“Since we launched in July, we launched a paid pilot with the largest hotel brand in the world who is now an active customer.”
Lagunas: Levee has over $30 million in its sales pipeline
“We have over thirty million dollars in our sales pipeline right now from brands that are coming from all over the world to implement our solution.”
Lagunas claims there is no data left to train desk-worker AI models
“When we look at, you know, AI, there's no more data to train these models on. There's no more data to do anything from like a desk worker perspective.”
Lagunas: Only about 55% of hotel rooms get inspected in hospitality industry
“Little kind of, you know, no pun intended, dirty fact about the industry is that only about 55% of rooms get inspected in the hotel industry.”
Lagunas: Levee's enterprise sales bottleneck is educating hotel middle management
“The challenge that we'll have in going to market is the people at the top get it. The users get it. The people in the middle, they're the ones that we have to educate.”
Lagunas targets $1M+ ARR and 96 hotels for Levee in 18 months
“Million plus ARR, 96 hotels, different brands, different management companies, but that's what we're targeting for over the next 18 months.”
Lagunas targets a $10M to $12M valuation based on AI startup comparables
“10 to 12 from, like, market comps for post revenue, you know, AI companies.”
Lagunas: US hospitality industry has 248,000 job openings
“In hospitality alone, there's 248,000 job openings.”
Lagunas: Levee charges a base fee of $3 per room monthly
“Three dollars per room per month, and that's our base fee.”
Lagunas: Levee reduced average hotel room inspection time from 8 minutes to 2:51
“With the hotel, like, they were allotted eight minutes to inspect a room. What the hotel didn't know until we were, we got there is that five of those minutes were spent correcting inventory errors, not actually inspecting for cleanliness. So even just from th…”
Lagunas: Most Hotels Aspire to Have Room Inspection Programs but Cannot Afford Them
“A majority of hotels aspire to have a room inspection program. If you're lucky, you can afford to have a room inspection program.”
Lagunas: Levee verifies hotel room quality in real time via video
“From the beginning, our whole design process is around having one button. One button initiates the app, and what you do is you scan the room number. That room number pulls in the quality control checklist for that room layout, and as they go through the room, …”
Lagunas: Levee is currently burning $21k per month
“Yeah, burn right now is 21 K per month.”
Lagunas: Levee's first product was a sensor-equipped smart cleaning bottle
“The first product we had built was a smart cleaning bottle, which was awesome. Would have been a terrible business. Used spatial mapping technology and like IMU sensors to map a surface as you cleaned it.”
Al Lagunas
THE PITCHLEDGER