Now Interact

“30 K.”

“For the year we are looking to spend roughly, well, half a million or something like that.”

“We have 28 people in the team, 50% is R&D, data scientists and developers, and the rest is divided with, divided fifty-fifty between sales and marketing and customer success.”

“So we have been like, you know, growth rate of about 20% if you look top line, but we, the new product has been growing almost a hundred percent year on year.”

“Some is going to be invested in R&D, but most of it in sales. And we are, I mean, for us as a European company, it's a quite big thing to go across the Atlantic and start the US operations and hire people in the US and I will move there myself. So the budget f…”

“Yeah, so we did two million in total in a couple of seed rounds, and then now we did an A round with five million A round.”

“We took in the money, I think it's about It's about 13, fourteen million pre-money.”

“One has churned until the last two and a half years, we have lost one customer.”

“So it's three and a half million.”

“We have 19 customers on that product, and we are on a MRR of 220 K.”

“So I decided to sell the company because it wouldn't, it didn't turn out as a software play as I would like it to be. And the database itself were not as big as it should be. So it ended up being more of a consultant business, which I, well, it's interesting, …”