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EngageRocket

also referred to as: engage rocket

22 statements across 2 episodes · 3 bullish · 0 bearish · 2 people on the record · first statement Jan 3, 2019 by Chitong Leong · said 27 times in 2 episodes since 2019 · across every show →

Mentions by year

brought up most by Nathan Latka (27)

tap a year for its mentions
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00100.520120192020episodesmentions per episode
2020 11 mentions in 1 episode
2019 16 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about EngageRocket, oldest first

Jan 3, 2019 neutral
Disclosure
EngageRocket Raised SGD 450K in Its First Round
“So we raised 450,000 in that Singapore dollars in that first round.”
Chitong Leong Jan 3, 2019 ▶ 7:09 1258 This Singapore Based SaaS Helps You Manage Empoyee Feedback, $40k in MRR, 8x yoy growth
Jan 3, 2019
Disclosure
EngageRocket estimates customer LTV between 38k and 45k SGD
“Overall, I mean, we're early to estimate on lifetime value, but we're estimating somewhere between 38 to 45 K of lifetime value”
Chitong Leong Jan 3, 2019 ▶ 13:57 1258 This Singapore Based SaaS Helps You Manage Empoyee Feedback, $40k in MRR, 8x yoy growth
Jan 3, 2019
Assertion Not checkable as stated
EngageRocket reaches around 40 paying customers
“We are at about 40 paying customers so far.”
Chitong Leong Jan 3, 2019 ▶ 9:08 1258 This Singapore Based SaaS Helps You Manage Empoyee Feedback, $40k in MRR, 8x yoy growth
Jan 3, 2019 neutral
Assertion Not checkable as stated
EngageRocket averages around SGD 17,000 in annual contract value
“So right now we're averaging about 17,000 ACV. Singapore dollars.”
Chitong Leong Jan 3, 2019 ▶ 2:45 1258 This Singapore Based SaaS Helps You Manage Empoyee Feedback, $40k in MRR, 8x yoy growth
Jan 3, 2019
Assertion Not checkable as stated
EngageRocket has 17 full-time employees
“We've got 17 full-time employees. We've got a bunch of interns that are really helpful as well.”
Chitong Leong Jan 3, 2019 ▶ 11:55 1258 This Singapore Based SaaS Helps You Manage Empoyee Feedback, $40k in MRR, 8x yoy growth
Jan 3, 2019
Disclosure
EngageRocket reports fully weighted CAC between 5k and 7k SGD
“So we're paying between five to 7000 on a fully weighted basis. So everything from like marketing spend, sales commissions and Singapore dollars.”
Chitong Leong Jan 3, 2019 ▶ 12:59 1258 This Singapore Based SaaS Helps You Manage Empoyee Feedback, $40k in MRR, 8x yoy growth
Jan 3, 2019
Disclosure
EngageRocket achieves CAC payback period under six months
“So so we have it's about six months. Let me see if I'm doing that math correctly. 17,000 with 7000. Yeah, it's under six months.”
Chitong Leong Jan 3, 2019 ▶ 13:43 1258 This Singapore Based SaaS Helps You Manage Empoyee Feedback, $40k in MRR, 8x yoy growth
Jan 3, 2019
Assertion Not checkable as stated
EngageRocket employs 6 outbound sales reps across BDR and AE roles
“We have six people in our outbound sales team. We've got two we have three business development reps, so they're like SDRs and three account executives who carry quota.”
Chitong Leong Jan 3, 2019 ▶ 11:34 1258 This Singapore Based SaaS Helps You Manage Empoyee Feedback, $40k in MRR, 8x yoy growth
Jan 3, 2019
Assertion Not checkable as stated
EngageRocket generated 5k-6k SGD MRR in June 2017
“In June, 2017, we were doing, let me see... Probably, yeah, we were just over maybe five, six K MRR... Singapore dollars.”
Chitong Leong Jan 3, 2019 ▶ 9:36 1258 This Singapore Based SaaS Helps You Manage Empoyee Feedback, $40k in MRR, 8x yoy growth
Jan 3, 2019
Assertion Not checkable as stated
EngageRocket churned 3 of 8 customer accounts up for renewal
“We have had about eight logos that were up for churn at this point. We've churned three of them.”
Chitong Leong Jan 3, 2019 ▶ 10:25 1258 This Singapore Based SaaS Helps You Manage Empoyee Feedback, $40k in MRR, 8x yoy growth
Jul 26, 2020
Assertion Not checkable as stated
Liang: EngageRocket ACV sweet spot is SGD 20k to 50k
“So in Singapore dollars, this is anywhere from 20 to 40, 20 to 50,000. So that's the sweet spot.”
Chitong Liang (Chi-Tung Leong) Jul 26, 2020 ▶ 2:59 EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform
Jul 26, 2020
Disclosure
Liang: EngageRocket grew revenue by about 2.5x over one year
“We were about less than half of this. We were at about. 400. Yeah, we've won and doubled. I think we bought, we've done about two and a half X. Okay. In one year.”
Chitong Liang (Chi-Tung Leong) Jul 26, 2020 ▶ 8:37 EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform
Jul 26, 2020 positive
Assertion Not checkable as stated
Liang: EngageRocket has SGD 11,000 CAC and 8.5-month payback
“Yeah, right now our average CAC is sitting at about 11,000, so our payback period is sitting at about eight and a half months.”
Chitong Liang (Chi-Tung Leong) Jul 26, 2020 ▶ 14:38 EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform
Jul 26, 2020
Disclosure
Liang: EngageRocket has 40 active customers and over 100 historical clients
“So we have 40 active customers. We've till now we've had more than a hundred, but we have 40 live and active ones that are with us today.”
Chitong Liang (Chi-Tung Leong) Jul 26, 2020 ▶ 8:07 EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform
Jul 26, 2020 positive
Assertion Not checkable as stated
Liang: EngageRocket's net revenue retention rate is 101%
“So our net retention rate is actually quite high. It's a 101%.”
Chitong Liang (Chi-Tung Leong) Jul 26, 2020 ▶ 12:15 EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform
Jul 26, 2020 neutral
Assertion Not checkable as stated
Liang: EngageRocket burns about $20,000 per month and is unprofitable
“We're not profitable, but we are, we're quite lean on our burn. So our net burn per month, it's about 20,000 dollars.”
Chitong Liang (Chi-Tung Leong) Jul 26, 2020 ▶ 10:43 EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform
Jul 26, 2020 bullish
Assertion Not checkable as stated
Liang: HR tech addressable market in Southeast Asia is $500M
“In Southeast Asia, it's a half a billion dollar addressable market today.”
Chitong Liang (Chi-Tung Leong) Jul 26, 2020 ▶ 11:47 EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform
Jul 26, 2020 neutral
Disclosure
Liang: EngageRocket targets $3M-$5M Series A for under 20% dilution
“Between three to five three to five M. Okay. Well, you know, we like to see what the VCs offer us. And ideally that three to five M shouldn't be more than 20% of the company.”
Chitong Liang (Chi-Tung Leong) Jul 26, 2020 ▶ 10:03 EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform
Jul 26, 2020
Assertion Not checkable as stated
Liang: 'Employee engagement software Singapore' is EngageRocket's best converting keyword
“The best converting one so far is employee engagement software Singapore. So we get hit on that a lot and that converts within months.”
Chitong Liang (Chi-Tung Leong) Jul 26, 2020 ▶ 7:53 EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform
Jul 26, 2020
Assertion Not checkable as stated
Liang: EngageRocket's HR Meetup group reached 700 members within six months
“So, so we went from something like zero to 700 members in that community in less than six months.”
Chitong Liang (Chi-Tung Leong) Jul 26, 2020 ▶ 5:35 EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform
Jul 26, 2020
Assertion Not checkable as stated
Liang: Over 90% of EngageRocket revenue is software
“Yeah, about 90, 90% 90 plus percent of its software revenue, and then the rest are services.”
Chitong Liang (Chi-Tung Leong) Jul 26, 2020 ▶ 2:42 EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform
Jul 26, 2020
Assertion Not checkable as stated
Liang: EngageRocket customers average roughly 600 employees
“Our customers on average have about 600 employees. We target mid-market enterprises, so between 500 to 5000”
Chitong Liang (Chi-Tung Leong) Jul 26, 2020 ▶ 2:00 EngageRocket Targets $3m Raise on $15m Valuation For HR Tech Platform
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