Flatfile

14 statements across 1 episodes · 7 bullish · 0 bearish · 1 people on the record · first statement Sep 30, 2022 by David Boscovic · said 318 times in 47 episodes since 2021 · across every show →

Mentions by year

brought up most by Nathan Latka (315), David Boscovic (3)

tap a year for its mentions
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2022 159 mentions in 22 episodes 7 per episode
2021 159 mentions in 25 episodes 6 per episode

every mention, scene by scene, with the transcript →

Everything said about Flatfile, oldest first

Sep 30, 2022 neutral
Insight
Boscovic: SaaS products are useless until customers import their data
“You build a CRM, useless until the customer brings their data. You build a visitor management system, which is the company I was working at before Flatfile, Envoy, and you need your customers to bring lists of employees and daily lists of visitors coming to th…”
David Boscovic Sep 30, 2022 ▶ 1:58 How Flatfile Built $100m+ WarChest to Create Data Onboarding Category, Hit $6m ARR
Sep 30, 2022 positive
Assertion Not checkable as stated
Boscovic: Flatfile grew from zero to $4M ARR in two years
“So 20, 20, zero to a million 2019 Sorry, 2021 last year, a million to just shy of four.”
David Boscovic Sep 30, 2022 ▶ 14:48 How Flatfile Built $100m+ WarChest to Create Data Onboarding Category, Hit $6m ARR
Sep 30, 2022 neutral
Assertion Not checkable as stated
Boscovic: Flatfile's marketing spend per deal never exceeds contract value
“I think at no point is marketing ever over the contract value of the business”
David Boscovic Sep 30, 2022 ▶ 26:31 How Flatfile Built $100m+ WarChest to Create Data Onboarding Category, Hit $6m ARR
Sep 30, 2022 neutral
Assertion Not checkable as stated
Boscovic: Flatfile processes 2M onboardings annually across 500 customers
“We have seen, we see about two million onboardings a year now. So significantly different and about across about 500 SaaS customers.”
David Boscovic Sep 30, 2022 ▶ 13:19 How Flatfile Built $100m+ WarChest to Create Data Onboarding Category, Hit $6m ARR
Sep 30, 2022
Insight
Boscovic: Founders can abandon failing ventures sooner with few repercussions
“I wish I knew that you could let go of things that Sooner than you want to with very few repercussions. I was like a bull, like a dog with a bone with like my first startup. I went three years too long with that.”
David Boscovic Sep 30, 2022 ▶ 32:15 How Flatfile Built $100m+ WarChest to Create Data Onboarding Category, Hit $6m ARR
Sep 30, 2022
Assertion Not checkable as stated
Boscovic: Enterprise accounts generate about 20% of Flatfile revenue
“We are still largely mid market from a revenue percentage, about 20% of our revenue is full enterprise.”
David Boscovic Sep 30, 2022 ▶ 9:43 How Flatfile Built $100m+ WarChest to Create Data Onboarding Category, Hit $6m ARR
Sep 30, 2022 positive
Assertion Not checkable as stated
Boscovic: Capital One PM signed up for Flatfile's early MVP
“A product manager from Capital One signed up and like was like, hey, like we want to talk to you about this product. We really need it. And they were trying to build like a bulk ACH payment like feature where like you could upload a list of invoices and pay th…”
David Boscovic Sep 30, 2022 ▶ 5:56 How Flatfile Built $100m+ WarChest to Create Data Onboarding Category, Hit $6m ARR
Sep 30, 2022 positive
Assertion Not checkable as stated
Boscovic: Flatfile's $50 million round contained no secondary sales
“Oh, oh, all balance sheet.”
David Boscovic Sep 30, 2022 ▶ 28:35 How Flatfile Built $100m+ WarChest to Create Data Onboarding Category, Hit $6m ARR
Sep 30, 2022
Assertion Not checkable as stated
Boscovic: Flatfile mid-market ACV is $10k to $15k per year
“Our average ACV is, is, you know, at the, you know, two segments that put the enterprise segment aside, but at the sort of mid market commercial segment, it's about 10, 15,000 dollars.”
David Boscovic Sep 30, 2022 ▶ 7:53 How Flatfile Built $100m+ WarChest to Create Data Onboarding Category, Hit $6m ARR
Sep 30, 2022 positive
Assertion Not checkable as stated
Boscovic: Flatfile automates 97% of data exchange decisions
“So fast forward three years now with the billions of decisions we've observed across our customers, we can automate 97% of the decisions in the data exchange process.”
David Boscovic Sep 30, 2022 ▶ 12:40 How Flatfile Built $100m+ WarChest to Create Data Onboarding Category, Hit $6m ARR
Sep 30, 2022 bullish
Prediction Not checkable as stated
Boscovic: Flatfile is tracking 2x to 3x ARR growth in 2022
“And this year we're shooting for a two to three X. So tracking in that range, I'm not gonna be specific about where we're at right now, but you're thinking about it, right?”
David Boscovic Sep 30, 2022 ▶ 14:55 How Flatfile Built $100m+ WarChest to Create Data Onboarding Category, Hit $6m ARR
Sep 30, 2022 bullish
Disclosure
Boscovic: Flatfile reaches $100M total funding with $50M Series B
“Five, zero million. So we've come up to about a hundred million total in funding.”
David Boscovic Sep 30, 2022 ▶ 22:30 How Flatfile Built $100m+ WarChest to Create Data Onboarding Category, Hit $6m ARR
Sep 30, 2022 positive
Assertion Not checkable as stated
Boscovic: Flatfile net dollar retention is well over 120%
“Well over one 20. And we've always been as a business.”
David Boscovic Sep 30, 2022 ▶ 27:05 How Flatfile Built $100m+ WarChest to Create Data Onboarding Category, Hit $6m ARR
Sep 30, 2022 neutral
Assertion Not checkable as stated
Boscovic: Flatfile's CAC payback period is between one and two years
“Almost, almost always. Again, it fluctuates quarter over quarter, month over month, but we're almost always.”
David Boscovic Sep 30, 2022 ▶ 25:08 How Flatfile Built $100m+ WarChest to Create Data Onboarding Category, Hit $6m ARR
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