Reveleer

27 statements across 3 episodes · 14 bullish · 0 bearish · 1 people on the record · first statement Jun 29, 2020 by Jay Ackerman · said 56 times in 2 episodes since 2020 · across every show →

Mentions by year

brought up most by Nathan Latka (30), Jay Ackerman (26)

tap a year for its mentions
0020140120202021202220232024episodesmentions
01120202021202220232024episodes it came up in
00200.540120202021202220232024episodesmentions per episode

every mention, scene by scene, with the transcript →

Everything said about Reveleer, oldest first

Jun 29, 2020 positive
Disclosure
Reveleer plans to finance upcoming acquisitions partially through new debt
“We are looking at some acquisition opportunities and would like to finance that in part with debt.”
Jay Ackerman Jun 29, 2020 ▶ 19:36 Reveleer Hits $8m ARR, New CEO Gets 10% to Reboot Company, $18m Raised, Raising New $10m Now
Jun 29, 2020 neutral
Disclosure
Reveleer is targeting a $50M pre-money valuation for its current round
“Yeah, I think that's you know, that's close.”
Jay Ackerman Jun 29, 2020 ▶ 16:00 Reveleer Hits $8m ARR, New CEO Gets 10% to Reboot Company, $18m Raised, Raising New $10m Now
Jun 29, 2020 positive
Disclosure
Reveleer's fully loaded CAC is 20% to 25% of first-year ACV
“I would say our fully loaded customer acquisition costs with all of sales, all of marketing commissions in there... Trade shows, about 20, 25%... Of first year ACV.”
Jay Ackerman Jun 29, 2020 ▶ 14:14 Reveleer Hits $8m ARR, New CEO Gets 10% to Reboot Company, $18m Raised, Raising New $10m Now
Jun 29, 2020 bullish
Assertion Not checkable as stated
Reveleer has existing contracts to grow its $10M revenue by 70%
“We have business under contract, To have that number be about 70% higher next year, and so the 50 in ops are effectively supporting that new growth that's already been sold.”
Jay Ackerman Jun 29, 2020 ▶ 9:10 Reveleer Hits $8m ARR, New CEO Gets 10% to Reboot Company, $18m Raised, Raising New $10m Now
Jun 29, 2020 neutral
Disclosure
Reveleer is currently raising close to $10M in fresh capital
“So it's still a little bit in flux, but we're expecting to raise close to ten million dollars.”
Jay Ackerman Jun 29, 2020 ▶ 14:59 Reveleer Hits $8m ARR, New CEO Gets 10% to Reboot Company, $18m Raised, Raising New $10m Now
Jun 29, 2020 neutral
Assertion Not checkable as stated
Reveleer's current cash burn rate is roughly $100,000 per month
“So we're burning about a hundred grand a month.”
Jay Ackerman Jun 29, 2020 ▶ 8:12 Reveleer Hits $8m ARR, New CEO Gets 10% to Reboot Company, $18m Raised, Raising New $10m Now
Jun 29, 2020 neutral
Assertion Supported
Reveleer has raised just under $18M in total capital to date
“Just under 18.”
Jay Ackerman Jun 29, 2020 ▶ 7:21 Reveleer Hits $8m ARR, New CEO Gets 10% to Reboot Company, $18m Raised, Raising New $10m Now
Jun 29, 2020 neutral
Assertion Not checkable as stated
Reveleer operates with a team of roughly 80 full-time employees
“We've got today about 80 people full time.”
Jay Ackerman Jun 29, 2020 ▶ 8:20 Reveleer Hits $8m ARR, New CEO Gets 10% to Reboot Company, $18m Raised, Raising New $10m Now
Jun 29, 2020 neutral
Disclosure
Reveleer prices by per-patient 'chase' rather than broad enterprise licenses
“We have a couple of different pricing arrangements. Some are, What I would consider kind of typical enterprise agreements where they can use it as much as they want, as broadly as they want, but our typical pricing model is based on what we call a chase, which…”
Jay Ackerman Jun 29, 2020 ▶ 3:31 Reveleer Hits $8m ARR, New CEO Gets 10% to Reboot Company, $18m Raised, Raising New $10m Now
Jun 29, 2020 positive
Assertion Not checkable as stated
Reveleer maintained 90% gross revenue retention over the past 12 months
“So gross revenue churn, we were about 90% gross 90% retention on a gross basis.”
Jay Ackerman Jun 29, 2020 ▶ 10:27 Reveleer Hits $8m ARR, New CEO Gets 10% to Reboot Company, $18m Raised, Raising New $10m Now
Jun 29, 2020
Disclosure
Reveleer averages $275K in SaaS revenue across 30 health plan customers
“Today we have about 30 customers and on average, we earn about 375,000 dollars per plan that we cover and services revenue and about 275,000 in SAS revenue.”
Jay Ackerman Jun 29, 2020 ▶ 5:20 Reveleer Hits $8m ARR, New CEO Gets 10% to Reboot Company, $18m Raised, Raising New $10m Now
Jun 29, 2020 positive
Prediction Not checkable as stated
Reveleer expects to reach positive cash flow by the end of 2020
“We will end the year cashflow positive.”
Jay Ackerman Jun 29, 2020 ▶ 8:02 Reveleer Hits $8m ARR, New CEO Gets 10% to Reboot Company, $18m Raised, Raising New $10m Now
Jun 29, 2020 neutral
Disclosure
Reveleer uses a venture debt term loan and accounts receivable line
“We do have venture debt. We have A term loan, and we're also we will have an AR line going forward to support the cash flow needs of the business.”
Jay Ackerman Jun 29, 2020 ▶ 18:04 Reveleer Hits $8m ARR, New CEO Gets 10% to Reboot Company, $18m Raised, Raising New $10m Now
Jun 29, 2020 neutral
Disclosure
Reveleer's SaaS revenue has grown from roughly $2M one year ago
“So a year ago it was maybe two million.”
Jay Ackerman Jun 29, 2020 ▶ 12:35 Reveleer Hits $8m ARR, New CEO Gets 10% to Reboot Company, $18m Raised, Raising New $10m Now
Mar 19, 2024 positive
Assertion Not checkable as stated
Reveleer Doubled Revenue From $25M in 2022 to $51M in 2023
“In 20, 22, we were twenty five million of revenue. 20, 23, we were 51. Almost 52. So we doubled from 22 to 23.”
Jay Ackerman Mar 19, 2024 ▶ 17:05 This Software for Doctors hit $51m revenue last year (100% growth). $5m profit.
Mar 19, 2024 bullish
Prediction Not checkable as stated
Jay Ackerman Predicts Reveleer Will Double Revenue Again in 2024
“And if our team executes well, we'll deliver like numbers in 24.”
Jay Ackerman Mar 19, 2024 ▶ 17:18 This Software for Doctors hit $51m revenue last year (100% growth). $5m profit.
Nov 26, 2024 bullish
Assertion Not checkable as stated
Reveleer reaches $100M revenue with roughly 10% from acquisitions
“If you look at our hundred million in revenue for this year, roughly 10% of that is acquired revenue.”
Jay Ackerman Nov 26, 2024 ▶ 12:31 AI SaaS for Hospitals Does $50m/yr up from $25m last year, Reveleer CEO
Nov 26, 2024 neutral
Disclosure
Reveleer CEO Pledged His House as Collateral to Make 2018 Payroll
“In 2018, I put that house up as collateral. When we couldn't make payroll, and we went for, ah, ah, debt financing, just to bridge us.”
Jay Ackerman Nov 26, 2024 ▶ 8:56 AI SaaS for Hospitals Does $50m/yr up from $25m last year, Reveleer CEO
Nov 26, 2024 bullish
Assertion Not checkable as stated
Ackerman: Reveleer expects $100M revenue and up to $110M ARR this year
“Like I said, we'll do about a hundred million this year. We'll probably have an AR, end of year ARR of one oh five to one 10.”
Jay Ackerman Nov 26, 2024 ▶ 4:58 AI SaaS for Hospitals Does $50m/yr up from $25m last year, Reveleer CEO
Nov 26, 2024 bullish
Prediction Not checkable as stated
Ackerman: Reveleer is positioned to reach $200M in revenue next year
“And I think that puts us in a position to do two hundred million next year.”
Jay Ackerman Nov 26, 2024 ▶ 5:06 AI SaaS for Hospitals Does $50m/yr up from $25m last year, Reveleer CEO
Nov 26, 2024 positive
Assertion Not checkable as stated
Reveleer doubled the ARR of its two acquisitions within 12 months
“So we've done two, and those two, like I said, had about ten million in ARR at close, and in 12 months, across the two of them, we've been able to double the business, but also fueling our other solutions.”
Jay Ackerman Nov 26, 2024 ▶ 13:02 AI SaaS for Hospitals Does $50m/yr up from $25m last year, Reveleer CEO
Nov 26, 2024
Assertion Not checkable as stated
Jay Ackerman: Reveleer Executive Average Tenure is 1.75 Years
“The average tenure of an executive on my team right now is 1.75 years, if you take me out.”
Jay Ackerman Nov 26, 2024 ▶ 16:35 AI SaaS for Hospitals Does $50m/yr up from $25m last year, Reveleer CEO
Nov 26, 2024 neutral
Disclosure
Ackerman: Reveleer raised $65M in debt from Hercules Capital
“So we did a sixty-five million dollar debt raise with a company on the bottom, Hercules Capital.”
Jay Ackerman Nov 26, 2024 ▶ 5:18 AI SaaS for Hospitals Does $50m/yr up from $25m last year, Reveleer CEO
Nov 26, 2024 bullish
Prediction Not checkable as stated
Ackerman: Reveleer Will Grow Revenue From $50M to $100M This Year
“Six years from one to 25, one year from 25 to 50, and this year we'll go from 50 to a hundred.”
Jay Ackerman Nov 26, 2024 ▶ 3:38 AI SaaS for Hospitals Does $50m/yr up from $25m last year, Reveleer CEO
Nov 26, 2024
Assertion Not checkable as stated
Ackerman: Reveleer Ingests Nearly One Billion Medical Record Pages Annually
“We now ingest almost a billion pages of medical records annually.”
Jay Ackerman Nov 26, 2024 ▶ 9:35 AI SaaS for Hospitals Does $50m/yr up from $25m last year, Reveleer CEO
Nov 26, 2024 positive
Assertion Not checkable as stated
Reveleer's average deal size increased from under $200K to over $800K
“It's amazing that we were doing average deals of under 200 K in 21, and our average deal today is over 800 K.”
Jay Ackerman Nov 26, 2024 ▶ 14:47 AI SaaS for Hospitals Does $50m/yr up from $25m last year, Reveleer CEO
Nov 26, 2024 bullish
Assertion Not checkable as stated
Ackerman: Reveleer is approaching a $1 billion valuation
“So how do we build a company now approaching a billion dollars of, ah, value?”
Jay Ackerman Nov 26, 2024 ▶ 5:43 AI SaaS for Hospitals Does $50m/yr up from $25m last year, Reveleer CEO
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.