Tango Card

“So there are about two million companies globally that use rewards and incentives in their business”

“We're sub one percent churn monthly.”

“And then actually in June of this year, we closed on a ten million dollar venture debt facility with a firm called WTI in Portola Valley.”

“No, so we've raised 9.4 million dollars of equity capital. The last the vast majority of that, about seven million dollars came in 2013 and 2014 from Floodgate, which is a Bay Area based venture firm and a firm called Firefly now used to be Allegro Venture Par…”

“And we'll do a little bit over 10 this year. And if you look at the last four or five years, each year we're growing about 80%.”

“So we have a ten-person sales team that does a combination of inbound and outbound, but about 70% of our lead generation is through inbound leads.”

“There's a huge range based on the various folks we work with, but the average ends up being a little bit north of six percent.”

“It's slightly north of eight percent. Yes. And then we basically, you know, pay that back over the course of about 36 months, both principal and interest.”

“About a thousand of our customers, so we have 2000 customers, About a thousand of those transact with us every month. We generate about a thousand dollars a month in actual net revenue from those customers and our cost to acquire each and our cost to, and our …”

“So the gross transaction value is in the hundreds of millions, but everything we talk about internally and externally is in that, that net revenue number.”

“About five percent of our revenue is outside of the US today, but about half of the hundred and fifty billion dollar opportunity that we're looking at is outside of the US.”