PromoRepublic

“So the revenue within like first four months after launch was 30 K euro. And but those were not non-recurring revenues.”

“It was partly on convertible capital loan, and the other part is capital from Finnish Finnish state fund that supports that supports the startups and co-invest together with private capital.”

“Monthly churn, eight percent without working with this churn.”

“So, our last round was 500,000 euro. In total, it is now, like, approximately 657 hundred euro. For the whole period of our existence.”

“At the moment, 604 hundred from our like previous stage. Those are owners of small businesses in Europe. And we managed to onboard approximately 200 marketing freelancers from U.S.”

“That was 10 K in total. So we closed the year 2015 with three and a half thousand euro recurring.”

“I invested 30,000 dollars.”

“So it's in the like above, like, slightly above 30%.”

“So now this is close to, ah, in recurring revenues. So now this is about six K.”

“In U.S. It is slightly above 100 dollars. In in Russian speaking, internet, 14.”

“Yeah, so we've been 27, now we're 22 people, so we grew maybe too early, so we made our team has reduced our team so we, to make sure we have only people that can influence product market fit.”

“5.8%.”

“Of course, we're paying him so if he closes monthly, a month or month subscription, he gets the full monthly subscription for that. If he closes, like, half a year or a year, he gets the double commission for that.”

“We are launching a hundred dollars a month package pretty soon.”

“So it's around 3000 dollars, 5000 dollars, so that's paid.”

“So average revenue per customer is 20 dollars.”

“In total, we raised up to date, 1.85 million U.S. Dollars, and around 1.1 from public sources, and from clients and soft loans, and the rest is coming from business angels.”

“We pay 30% lifetime, so it's trying to be a bit above market, so maybe it's now an average.”

“We create like digital assets for our customers. So we try to we try, we're not trying, we're bringing them to upload their content to save drafts. So they have this, like, Personal content library that they cannot easily export. So that, that's makes the turn…”

“We've got, like, about, like, 70 K in cash, and on top of that, we got, ah, like, user base we could work with.”

“Things that started to work is building affiliate network. So that brings around 10% of our customers.”

“Yeah, so we are in this, like, perfect Finnish government fund for innovation funding process, so we will get additional half of a million of a grant for marketing, so we're looking forward to it.”

“2016, we ended up with 110 and 10 K. That was actually in, in Euro, so you can add additional, like, 15% to that.”

“We're using him as a sales guy only when we're selling either annual packages or this hundred dollars, 150 dollars per month package”

“Maybe five percent, so like not a top 10, something like that.”

“So it's like 10 years low. You don't have to pay anything during first four years. Then you pay a couple of years only the interest. Interest is very low. It's like below one percent, so it's just like symbolic. And so really great instrument also doesn't dilu…”

“3700 came from AppSumo, and the rest were tracked, and we have 5500 in total now.”

“Customer acquisition cost is 150, 170, so we're doing different experiments, doing different mix of channels, so that's around the range where the price we're paying for one customer.”

“One third of them, they just, they were not active. Yeah. So they just bought it and the rest of them were surprisingly active.”