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Chanty received an inbound $20 million valuation offer from VCs
“The last valuation that we received was twenty million.”
Chanty generates $3 million revenue with $4,600 LTV, says Dimitro Okunyev
“We are around three million right now. The customer lifestyle value grew up to the 4.6 K and the actually user base grew up accordingly. The paid user base.”
Dimitro Okunyev positions Chanty as 10x cheaper than Slack, Zoom, and Trello
“You know, Lapsum for the Slack, Microsoft, Slack, Zoom, and Trello would be like 41 dollar, so we are almost 10 times cheaper.”
Dimitro Okunyev predicts Chanty will hit 70-80% profit margins within two years
“So I would expect that our profit margins would be around like 70 to 80%, maybe in a year or two.”
Dimitro Okunyev says Chanty has 24,000 paying customers
“Currently we have 24,000 of paying customers, which are basically quite of them are small. That's we have a few who are like really, really, really big.”
Chanty's largest single customer pays approximately $300,000 annually, says Dimitro Okunyev
“So they pay around 300 K. Okay.”
Chanty's average paying customer has 47.5 team members
“Eventually our average member amount for one team is 47 and a half.”
Chanty's average revenue per paid account is approximately $122 monthly
“If I'm not mistaken, our current premium paycheck is around 122 dollars, stuff like that.”
Chanty generated approximately $600,000 in prior-year revenue
“If I'm not mistaken, we closed a year around 600 K.”
Chanty's annual customer churn rate is approximately 6.8%
“We are currently on return rate around 6.8%.
So that's a little bit less than seven percent.”
Chanty's non-affiliate customer acquisition cost is $487
“So one customer acquisition cost at this moment, like a week ago, it was 400 87 dollars.”
Chanty has 20,000 total organizations and 1,000 paying business customers
“Well, right now we are reached already like 20 key somewhere there.
Nathan Latka: You have 20,000 paying customers.
Dmitry Okunev (Dimitri Okunov): paying customers, we have around one K. Okay.
Nathan Latka: What's the 20,000 number?
Is that free users?
Dm…”
Chanty's average paying account expands from initial small groups to 47.5 users
“Well, they sign up usually really small.
It's just, you know, that focus group on the company, there are like three, four or five users.
But eventually our average member amount for one team is 47 and a half.”
Chanty's average monthly revenue per paying customer is approximately $122
“If I'm not mistaken, our current premium paycheck is around 122 dollars, stuff like that.”
Okunev: Chanty closed prior year around $600K in revenue
“If I'm not mistaken, we closed a year around 600 K.”
Okunev: Chanty maintains an annual churn rate of about 6.8%
“We are currently on return rate around 6.8%. So that's a little bit less than seven percent.”
Okunev says Chanty's non-affiliate customer acquisition cost is $487
“So one customer acquisition cost at this moment, like a week ago, it was 400 87 dollars.”
Okunev: Chanty received a VC valuation offer of $20 million
“The last valuation that we received was twenty million.”
Chanty relies on five key partners and 1,000 small affiliates
“So we have, Five key partners who runs international. Let's say like that. And we have yeah, currently more than thousand of, like, very small affiliate partners.”