ARTA

“We passed that in our second quarter of existence. So it took us Very substantially less time to get there with this new model.”

“Raised a four million dollar seed, seed plus, whatever you want to call it, really around this new direction which was quite successful.”

“The collectible ecosystem in our mind is really one of the last segments of retail to be transformed by the internet.”

“If you're a prelaunch customer and you're trying to get to market faster and don't really want to have to build out all this infrastructure, hire all the internal teams, et cetera it'll start at a couple hundred dollars a month.”

“So about 8.5 million total raised to date then? Yes.”

“We started as a marketplace and pivoted pretty hard away from a marketplace more towards an integrated option as we saw people needing an end to end solution.”

“Revenue pre COVID we were doing a couple 100,000 dollars a month, you know, again, working with some of the largest you know, more offline merchants in the space.”

“If you can find a way to more deeply embed yourself into these operations, All of a sudden you're becoming a more scalable and sticky solution.”

“We launched in, in April and it pretty much doubled you know, quarter of a quarter since then.”

“No, we were making like 10 to 20%.”

“I think at the time that was like one on a four or five post which I think was a pretty large pre-seed check at the time.”

“Pretty much 10 to 20% dilution all along the way here.”

“Then we started to see some pretty solid growth on the marketplace side, raised a three million dollar seed off of that. And that was in about a seven T range.”

“So we're being paid for our software by the merchant or the seller, and then on the transaction we're taking some margin services whether that's shipping or insurance.”