Ryan Husk pitches investors on The Pitch to raise capital for CultureForce.
Disclosure
Husk admits CultureForce's custom Shopify build is not a technical differentiator
“We've, I've built custom code on top of Shopify. So the platform itself is not something that is going to differentiate us right now.”
Assertion Not checkable as stated
CultureForce grew gross revenue from $500 to $45,000 in one month
“We've gone from less than 500 dollars in gross revenue to over 45,000 dollars in booked gross revenue just this last month.”
Assertion Not checkable as stated
CultureForce counts Uber, Google, and Facebook among its early customers
“We're working with companies like Uber, like Google, Facebook, and what they're telling us is that they want more.”
Assertion Not checkable as stated
CultureForce tracks employee engagement metrics over time after team-building events
“In terms of differentiation, one thing that we do that is extremely different from any of our competition is that we're actually tracking metrics to understand the internal level of employee satisfaction over time while doing these events, in addition to produ…”
Assertion Not checkable as stated
Husk lost all three employees in one week, then generated $26K solo
“We actually were able to complete the raise. We did a 160,000 dollars. And in that same week, we were a four person team. I lost all three of my employees. And so in June, when we started making money for the very first time, we made gross revenue, transacted,…”
Disclosure
CultureForce pauses its seed round to build a multi-quarter track record
“And for me, I think it makes more sense. And, you know, my investors agreed that Let's have sound data behind that. Let's have a track record of, you know, one or two quarters. Let's have this built and make sure it's effective. And then let's go out and look …”