Sococo

“And we've had 92% customer retention. [830] Nathan Latka: That's logo or revenue? [833] Mark Kirschbaum: that is both logo and revenue.”

“So we have scaled you know, into the good, strong five digits of users and several hundred, hundred customers. [757] Nathan Latka: Okay. [757] Mark Kirschbaum: And these include fortune 100 companies.”

“We're recovering that in about 12 to 13 months.”

“It's 15 dollars on a per user basis. And then obviously there's an annual discount and a volume discount.”

“And we're seeing 20 to 40 walk-up leads a day coming into Sokoko, and we're converting those at about a 20 to 30% clip.”

“My goal for end of 2019 is to break the one million MRR.”

“You know, from a land and expand approach, if it's a team that is getting on board, then you're looking at 50 to a hundred users initially in a pilot. And that has grown for our customers into the hundreds. And we actually have customers in the thousands of us…”

“So I represent the lead investor as one of my clients who's the lead investor in Sokoko and has continued to support the company financially.”

“So we're growing 66% year over year. [826] Mark Kirschbaum: Excuse me, 61%.”

“So we're looking to raise in the seven million dollar range in the next few months.”

“So it was a completely proprietary platform. And now the shift has been since coming on board so that it is focused on Connecting to the other tools that people use and make them available inside Sokoko. For example, Slack.”

“Yeah, so since 2015, 2015 or so, there's been approximately, you know, five to seven million dollars that has gone into the company, and the three years prior to that, there was probably about the same amount of money.”