RiskScout

“RiskScout grew from five grand a month last year in revenue to 40,000 dollars a month today in revenue on a path to break a million in terms of AR by the end of this year.”

“So we have under a dozen banks. We have over a thousand businesses on the system. We have, like I said, probably an average of usage right now is averaging in the 15 to 20 K a month MRR.”

“They've raised about three million bucks to do it. Last one was 2.2 million on a twelve million valuation, teeing up and getting ready for their series A.”

“You know, like I think we're going to be looking around eight to 10. It's a pretty typical series A round. You know, honestly, man, the valuation is going to be interesting, right? Some of this is what market to bear, but you know, if I'm a founder saying what…”

“I can't mention the two partnerships we just landed, but they open up about 3500 banks, trusted partnerships for resale.”

“Oh, absolutely. Yeah. The churn is like absolutely non-existent, right? Because the only churn that we kind of exposed to is if a bank calls back their program, but they don't really churn the enterprise agreements with us because it's very sticky, right?”

“Now we're, you know, approaching half, you know, half a million of AR. We're actually, the end of the year, we're approaching over a million of AR on track for.”