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Artivatic

9 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Aug 13, 2020 by Layak Singh · said 9 times in 1 episodes since 2020 · across every show →

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brought up most by Nathan Latka (9)

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2020 9 mentions in 1 episode

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Everything said about Artivatic, oldest first

Aug 13, 2020 neutral
Assertion Not checkable as stated
Artivatic has six active enterprise customers
“Currently, for last 12 months, we have six live customers already in the last 14 months.”
Layak Singh Aug 13, 2020 ▶ 8:20 Artivatic Insurtech API $1m Revenue, Closing $500k Round Now
Aug 13, 2020 bullish
Assertion Not checkable as stated
Artivatic has experienced zero customer churn to date
“Basically, wherever you work with any businesses right now, we haven't lost any business as of now.”
Layak Singh Aug 13, 2020 ▶ 14:18 Artivatic Insurtech API $1m Revenue, Closing $500k Round Now
Aug 13, 2020
Disclosure
Artivatic acquires 100% of customers via referrals and inbounds
“So all these customers that we are getting is completely coming by the referrals or inbounds. And our only cost for that is acquisition costs only for travel costs. That is also zero right now because of COVID.”
Layak Singh Aug 13, 2020 ▶ 14:43 Artivatic Insurtech API $1m Revenue, Closing $500k Round Now
Aug 13, 2020
Disclosure
Artivatic is closing a $500k bridge round
“Currently due diligence is going on. So we have signed up the documents and papers due diligence is going on.”
Layak Singh Aug 13, 2020 ▶ 13:37 Artivatic Insurtech API $1m Revenue, Closing $500k Round Now
Aug 13, 2020
Disclosure
Singh: Artivatic's average customer pays around $20,000 per month
“As of now, we have seen an average customer who's paying to us is around 20,000 dollars.”
Layak Singh Aug 13, 2020 ▶ 6:08 Artivatic Insurtech API $1m Revenue, Closing $500k Round Now
Aug 13, 2020
Assertion Not checkable as stated
Artivatic covers full lifecycle infrastructure for life, health, and general insurance
“So automatic is now is completely a full stack or infrastructure platform for insurance. It takes care of the entire life cycle of the insurance in life insurance, health insurance, general insurance as well.”
Layak Singh Aug 13, 2020 ▶ 3:56 Artivatic Insurtech API $1m Revenue, Closing $500k Round Now
Aug 13, 2020
Disclosure
Artivatic burns $40k to $50k monthly
“Currently we are burning about 40 to 50 K, kind of, yes dollar.”
Layak Singh Aug 13, 2020 ▶ 12:41 Artivatic Insurtech API $1m Revenue, Closing $500k Round Now
Aug 13, 2020 positive
Assertion Not checkable as stated
Artivatic reaches $1M in contracted book value
“So book value is about a million dollar, but the license is less actually.”
Layak Singh Aug 13, 2020 ▶ 9:20 Artivatic Insurtech API $1m Revenue, Closing $500k Round Now
Aug 13, 2020
Disclosure
Artivatic offers over 100 modular APIs on its insurtech platform
“We have a hundred plus APIs in this platform.”
Layak Singh Aug 13, 2020 ▶ 4:18 Artivatic Insurtech API $1m Revenue, Closing $500k Round Now
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