Funnel.io

9 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Mar 30, 2018 by Fredrik Skantze · said 18 times in 2 episodes since 2018 · across every show →

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brought up most by Nathan Latka (13), Mikael Thuneberg (5)

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Everything said about Funnel.io, oldest first

Mar 30, 2018
Assertion Not checkable as stated
Funnel models a $20,000 average customer LTV with 3x LTV-to-CAC
“Around 20,000 dollars. yeah. So, so yeah, so there's a payback Of about a bit over three on on the CAC. Yep.”
Fredrik Skantze Mar 30, 2018 ▶ 12:07 979 How Funnel.io 3x ARR to $2.1m in Last 12 Months
Mar 30, 2018 neutral
Disclosure
Funnel raised its $10M Series A at a $30M post-money valuation
“Well, I guess it was ten million rates. So. Okay. 20, yeah. 20 pre and 30 posts.”
Fredrik Skantze Mar 30, 2018 ▶ 14:58 979 How Funnel.io 3x ARR to $2.1m in Last 12 Months
Mar 30, 2018 neutral
Assertion Supported
Fredrik Skantze's prior $30M-funded startup reached 120 employees without exiting
“We raised about thirty million dollars, had a 120 people, had really top, top VC backing. But ended up not having a big exit in the end.”
Fredrik Skantze Mar 30, 2018 ▶ 4:31 979 How Funnel.io 3x ARR to $2.1m in Last 12 Months
Mar 30, 2018
Disclosure
Funnel raised $3M in seed funding and a $10M Series A
“So we've had a couple of rounds of seed funding in total about three million, and then we took in a ten million dollar round in August this year.”
Fredrik Skantze Mar 30, 2018 ▶ 2:45 979 How Funnel.io 3x ARR to $2.1m in Last 12 Months
Mar 30, 2018 positive
Assertion Not checkable as stated
Funnel reaches $180K MRR across 340 customers, growing 10% month-over-month
“We have about 340 customers. So MRR is around 180,000. And it's been growing north of 10% per month the last three months now.”
Fredrik Skantze Mar 30, 2018 ▶ 5:32 979 How Funnel.io 3x ARR to $2.1m in Last 12 Months
Mar 30, 2018 positive
Assertion Not checkable as stated
Funnel encounters software competitors in only 10% of its sales discussions
“You know, I think the biggest, so, so we speak to about 200 new companies every month. And only in about 10% of the case is a competitor involved in that discussion. So out of 200 customers we speak to, 180, it's, they use a spreadsheet, and they're either goi…”
Fredrik Skantze Mar 30, 2018 ▶ 13:15 979 How Funnel.io 3x ARR to $2.1m in Last 12 Months
Mar 30, 2018
Assertion Not checkable as stated
Funnel's enterprise customer segment achieves negative 1.5% monthly net MRR churn
“And then you could, if you split the customer base and sort of small customers and large customers, the larger half of the customers have a negative MRR churn of about -1.5% a month.”
Fredrik Skantze Mar 30, 2018 ▶ 11:18 979 How Funnel.io 3x ARR to $2.1m in Last 12 Months
Mar 30, 2018
Assertion Not checkable as stated
Funnel processes over $1B in annual advertising spend across its platform
“So we process about A bit north of one billion dollars in advertising spend a year.”
Fredrik Skantze Mar 30, 2018 ▶ 10:25 979 How Funnel.io 3x ARR to $2.1m in Last 12 Months
Mar 30, 2018 bullish
Assertion Not checkable as stated
Funnel's average revenue per customer rose to $525, up from $400
“We now have about average revenue per customer of about 525 dollars, and, but that's up from about 400 a year ago.”
Fredrik Skantze Mar 30, 2018 ▶ 8:21 979 How Funnel.io 3x ARR to $2.1m in Last 12 Months
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