Habu

17 statements across 1 episodes · 8 bullish · 1 bearish · 1 people on the record · first statement Sep 20, 2022 by Matt Kilmartin · said 13 times in 1 episodes since 2022 · across every show →

Mentions by year

brought up most by Nathan Latka (9), Matt Kilmartin (4)

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2022 13 mentions in 1 episode

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Everything said about Habu, oldest first

Sep 20, 2022
Insight
Clean room software enables analytics across distributed datasets without sharing data
“Clean room software is neutral infrastructure where two parties can effectively do analytics across distributed data sets.”
Matt Kilmartin Sep 20, 2022 ▶ 1:25 Venture Studio Spinout Hits $250m Valuation for Clean Data Room SaaS
Sep 20, 2022 positive
Disclosure
Disney is an enterprise client of data clean room startup Habu
“A use case for us is Disney. Disney's a client. Disney owns Hulu, ESPN, and they have all the two TV viewership data, basically.”
Matt Kilmartin Sep 20, 2022 ▶ 2:19 Venture Studio Spinout Hits $250m Valuation for Clean Data Room SaaS
Sep 20, 2022
Assertion Not checkable as stated
Habu currently serves fewer than 50 total enterprise customers
“We are south of 50 still.”
Matt Kilmartin Sep 20, 2022 ▶ 10:30 Venture Studio Spinout Hits $250m Valuation for Clean Data Room SaaS
Sep 20, 2022 neutral
Assertion Not checkable as stated
Habu averages mid-$300K annual contract values for its enterprise customers
“Our average ACV is by mid-three hundred K range.”
Matt Kilmartin Sep 20, 2022 ▶ 4:07 Venture Studio Spinout Hits $250m Valuation for Clean Data Room SaaS
Sep 20, 2022 neutral
Disclosure
Habu does not charge both sides of its data collaboration marketplace
“We want to make it friction free for data collaboration, so we are not charging both sides.”
Matt Kilmartin Sep 20, 2022 ▶ 3:54 Venture Studio Spinout Hits $250m Valuation for Clean Data Room SaaS
Sep 20, 2022 positive
Assertion Not checkable as stated
Women comprise approximately 75% of Habu's enterprise sales force
“So the one fact, which is rare in sales comes where our sales force is about seven, seven, five percent women which is often.”
Matt Kilmartin Sep 20, 2022 ▶ 19:15 Venture Studio Spinout Hits $250m Valuation for Clean Data Room SaaS
Sep 20, 2022
Disclosure
Habu uses consumption pricing rather than traditional seat-based software models
“We don't have a seat model right now. It's more based on as people are consuming more slots and collaboration.”
Matt Kilmartin Sep 20, 2022 ▶ 6:18 Venture Studio Spinout Hits $250m Valuation for Clean Data Room SaaS
Sep 20, 2022 positive
Assertion Not checkable as stated
Every initial proof-of-concept deal converted into an ongoing Habu customer
“All those deals, we did sort of six month deals with to do sort of POCs or first value engagements. Every single one of them has continued on as a customer.”
Matt Kilmartin Sep 20, 2022 ▶ 7:55 Venture Studio Spinout Hits $250m Valuation for Clean Data Room SaaS
Sep 20, 2022 negative
Insight
Habu underinvested in sales and marketing while over-focusing on product engineering
“We stayed a little too lean too long on the sales and marketing function, I would say. We had a ton of engineering, product engineering, and but I didn't, I felt like we probably could have invested earlier in sales and marketing”
Matt Kilmartin Sep 20, 2022 ▶ 16:55 Venture Studio Spinout Hits $250m Valuation for Clean Data Room SaaS
Sep 20, 2022
Assertion Supported
Krux Founders' Studio Superset Launched 10 Startups via $65M Fund
“So the founders of Crux started a venture studio. It's a fund called superset. It's a sixty five million dollar fund and they start startups. They're not VCs. They start, so they actually started 10 companies in the last three years.”
Matt Kilmartin Sep 20, 2022 ▶ 13:21 Venture Studio Spinout Hits $250m Valuation for Clean Data Room SaaS
Sep 20, 2022 bullish
Assertion Not checkable as stated
Habu is on track to reach $1 million in monthly revenue
“We're on that. We're on that track. Yes.”
Matt Kilmartin Sep 20, 2022 ▶ 21:16 Venture Studio Spinout Hits $250m Valuation for Clean Data Room SaaS
Sep 20, 2022 positive
Disclosure
Habu Closes Series B Funding with Snowflake Investment
“We actually just closed our series B snowflake invested in us actually as well.”
Matt Kilmartin Sep 20, 2022 ▶ 13:58 Venture Studio Spinout Hits $250m Valuation for Clean Data Room SaaS
Sep 20, 2022
Assertion Partly supported
Habu launched commercially two weeks before the March 2020 COVID shutdowns
“We've been building, we've been at it for three years, built technology for a year, launched commercially two weeks before the shutdown. So March of 2020 is when we launched commercially.”
Matt Kilmartin Sep 20, 2022 ▶ 7:12 Venture Studio Spinout Hits $250m Valuation for Clean Data Room SaaS
Sep 20, 2022
Assertion Not checkable as stated
Habu currently operates with just under 50 full-time employees
“We are just under 50.”
Matt Kilmartin Sep 20, 2022 ▶ 18:17 Venture Studio Spinout Hits $250m Valuation for Clean Data Room SaaS
Sep 20, 2022 positive
Disclosure
Habu licenses identity products from its direct data competitor LiveRamp
“There's a public company called live ramp who has a, is a competitive, has a competitive product. So anyways but listen, great company. We actually use some of their identity products as well.”
Matt Kilmartin Sep 20, 2022 ▶ 17:35 Venture Studio Spinout Hits $250m Valuation for Clean Data Room SaaS
Sep 20, 2022 positive
Assertion Not checkable as stated
Strategic investor Snowflake does not restrict Habu's addressable market
“But at the end of the day, like Snowflake's not looking to restrict our TAM and, you know, we have to be agnostic.”
Matt Kilmartin Sep 20, 2022 ▶ 26:14 Venture Studio Spinout Hits $250m Valuation for Clean Data Room SaaS
Sep 20, 2022 positive
Assertion Supported
Superset venture partners served as Habu's CTO and board chairman
“So the sort of the CTO who actually was the CTO of Salesforce's marketing cloud and CTO of my last company, he was the CTO of Habu for two years. The other super set partner is actually chairman of our board.”
Matt Kilmartin Sep 20, 2022 ▶ 15:38 Venture Studio Spinout Hits $250m Valuation for Clean Data Room SaaS
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