Mindee

9 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Dec 7, 2021 by Jonathan Grunpion · said 19 times in 1 episodes since 2021 · across every show →

Mentions by year

brought up most by Jonathan Grunpion (11), Nathan Latka (8)

mentionsepisodesper episode tap a year for its mentions

2021 19 mentions in 1 episode

Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A Dec 7, 2021 · 19 mentions · from 0:44
every mention in 2021, scene by scene →

every mention, scene by scene, with the transcript →

Everything said about Mindee, oldest first

Dec 7, 2021

Assertion Supported

Mindee signed its first customer in 2019 by displacing incumbent ABBYY

“They call Luca, L-U-C-C-A. And they add an expense management solution and expense management mobile application. And they wanted to improve the user experience when passing receipts. And they were using a company called ABBYY. I don't know the English pronunc…”

Jonathan Grunpion Dec 7, 2021 ▶ 10:22 Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

Dec 7, 2021 bullish

Assertion Not checkable as stated

Mindee achieves 200% to 250% net dollar retention after year one

“It's between 202 150 persons after one year.”

Jonathan Grunpion Dec 7, 2021 ▶ 4:54 Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

Dec 7, 2021 neutral

Assertion Not checkable as stated

Zero of Mindee's 70 customers are fellow Y Combinator companies

“Zero.”

Jonathan Grunpion Dec 7, 2021 ▶ 16:22 Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

Dec 7, 2021 neutral

Disclosure

Mindee charges 10 cents per page on its base pricing tier

“One page is 10 cents on the first pricing grid. And then the more you consume, the more you use the API, the less the marginal price will get.”

Jonathan Grunpion Dec 7, 2021 ▶ 2:45 Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

Dec 7, 2021

Assertion Not checkable as stated

Mindee has approximately 70 active customers as of late 2021

“Today, I don't have the exact number, but it's about 70. I think.”

Jonathan Grunpion Dec 7, 2021 ▶ 12:49 Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

Dec 7, 2021 neutral

Assertion Not checkable as stated

Mindee's product deployment cycle takes three to six months

“Between the moment people are testing out the product and the moment they deploy for production, it can be like three, six months.”

Jonathan Grunpion Dec 7, 2021 ▶ 18:31 Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

Dec 7, 2021 positive

Assertion Not checkable as stated

Mindee has zero logo churn, claims CEO Jonathan Grunpion

“We have no logo churn and a very strong native function rate.”

Jonathan Grunpion Dec 7, 2021 ▶ 4:04 Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

Dec 7, 2021 bullish

Assertion Not checkable as stated

Mindee is growing 15% month-over-month entirely through organic growth

“We are growing 15% monthly only with organic growth.”

Jonathan Grunpion Dec 7, 2021 ▶ 13:37 Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

Dec 7, 2021 neutral

Disclosure

Mindee customer spend ranges from a few hundred to 12,000 euros monthly

“Between a few hundred euros to 10, 12 K monthly.”

Jonathan Grunpion Dec 7, 2021 ▶ 2:12 Document Signing API Mindee Hits $1.5m in ARR, Closes $14m Series A

Mindee

Mentions by year

Everything said about Mindee, oldest first

Turn any episode into a week of clips.