Everything Sandeep Ranjan said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Ranjan: Connected vehicle comps Otonomo and Wejo reached $1.4B valuations
“Most of the companies I think who were like some, a couple of our other companies, I think they were valued at 1.4 billion, right? The companies were in the similar segment, right? Like who? Name a couple. Yeah. There is Autonomo and Vijo, right? At that point…”
Ranjan: Cerebrum X will reach roughly $1.2M ARR by year-end 2022
“So, yeah, so we will close so again, as you, the ARR which will close this year will be close to around 1.2 million.”
Cerebrum X works with the top four North American OEMs, excluding GM
“So we work with the top four OEMs minus GM right now in North America.”
Ranjan: Cerebrum X Monetizes via Insurers and Fleets, Not OEMs
“Yeah, so if you look into these top five are raw material, that's where you get the data from. Are the consumers of the data, the people who are paying for the data are the insurance companies. They are the fleet companies, the fleet providers like Azuga, whic…”
Ranjan: Bridgestone Mobility's Azuga pays Cerebrum X for vehicle telemetry
“Bridgestone mobility, right? ... Bridgestone they have their mobility, which is, they have a fleet division, which is Azuga, A-Z-U-G-A.”
Ranjan: Cerebrum X charges $6 to $10 per vehicle monthly
“So, so typically you get an average revenue per, per vehicle. It goes somewhere between 72 dollars, which is six bucks per month to up to 10 bucks, right? Which can go up to around one 20 dollars per month, right? So it depends upon What data they're getting.”
Ranjan: Cerebrum X launches initial deals with 1,000-2,000 vehicles
“So our sweet spot, when it starts with, it's something around thousand vehicles, thousand to 2000. That's what we start with. That's, then we scale up.”
Ranjan: Cerebrum X has an ARR run rate of roughly $600K
“Our run rate right now is roughly around 600 K as an ARR right now as we start.”
Cerebrum X Burns $150K to $180K per Month
“So typically I think our burn is close to around one 50 to one 80 K per month.”
Ranjan: Axiom Connected is an aftermarket warranty customer of Cerebrum X
“It is more like an aftermarket warranty companies there is a company Exium Connected, A-X-I-O-M, Exium Connected.”
Ranjan: Cerebrum X currently has seven customers
“Right now we have seven customers.”