Booker

“And we did last year, we did almost three and a half billion dollars of transactions across the 10,000 locations.”

“We charge anywhere from call it a hundred to 250 bucks a month for the subscription revenue. Then we also make money on merchant processing. We have several integrated merchant processing partners. And then the third piece is we sell a add on product called Fr…”

“What I can tell you is that typically SMB businesses are, or SMB SaaS businesses churn at a very high rate, you know, north of two percent, some up to five percent. Monthly, right? Yeah, monthly. I can tell you we are below the low end of that.”

“And so now we're, you know, it's really about, I got, you know, 24 months of execution in front of me. And . Does that mean 24 months of runway? Yeah, 24 months of runway.”

“Super high conversion and retention metrics with existing super high being like, you know, call it 14 times ROI, just based on the bookings that are generated through Frederick on a monthly basis.”

“So we have about 10,000 locations that are live on the on, on Booker, and about 2000 that are on Frederick.”

“And I can also tell you that 50% of our churn is actually people going out of business.”

“You know, we were in the low single millions.”

“We're just shy of eighty million at this point. We've done three, three rounds of financing.”

“Probably 70%.”

“Well, I think actually Booker came with a company that does a little bit of what we do called Frederick. But really they were looking to expand their capabilities on the appointment side. So MindBody does a lot in class-based fitness, but they didn't have a ve…”