Toucan Toco

12 statements across 1 episodes · 5 bullish · 0 bearish · 1 people on the record · first statement Nov 29, 2020 by Charles Miglietti · said 17 times in 1 episodes since 2020 · across every show →

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brought up most by Nathan Latka (17)

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2020 17 mentions in 1 episode

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Everything said about Toucan Toco, oldest first

Nov 29, 2020
Disclosure
Miglietti: Toucan Toco has raised 2.5 million in debt
“Yeah, to until now we have raised 2.5 million in debt.”
Charles Miglietti Nov 29, 2020 ▶ 14:12 ToucanToco Raising Right Now $10m on $50m+ Pre with $5m in Revenue
Nov 29, 2020 positive
Disclosure
Miglietti: Toucan Toco Began Raising Capital for US Expansion
“Today we just started in the end of the summer of a raising term to go into the US because half of the software is built in the US and we need a partner to go into the US.”
Charles Miglietti Nov 29, 2020 ▶ 11:49 ToucanToco Raising Right Now $10m on $50m+ Pre with $5m in Revenue
Nov 29, 2020
Assertion Not checkable as stated
Miglietti: Toucan Toco works with nearly 100 customers
“Today we are working with nearly 100 customers.”
Charles Miglietti Nov 29, 2020 ▶ 7:04 ToucanToco Raising Right Now $10m on $50m+ Pre with $5m in Revenue
Nov 29, 2020
Assertion Not checkable as stated
Miglietti: Toucan Toco employs 70 people total
“It's a six, 70 people.”
Charles Miglietti Nov 29, 2020 ▶ 4:53 ToucanToco Raising Right Now $10m on $50m+ Pre with $5m in Revenue
Nov 29, 2020 positive
Disclosure
Toucan Toco Pitching Battery Ventures and FirstMark Capital for US Expansion
“Yeah, today we are in discussion with Battery, Battery Venture and First Mars Capital.”
Charles Miglietti Nov 29, 2020 ▶ 16:16 ToucanToco Raising Right Now $10m on $50m+ Pre with $5m in Revenue
Nov 29, 2020
Disclosure
Miglietti: Toucan Toco is break-even and reinvests all profits
“So yes, the company is profitable, breakeven, and then we invest all the benefits we have done in the previous years in today's world.”
Charles Miglietti Nov 29, 2020 ▶ 8:41 ToucanToco Raising Right Now $10m on $50m+ Pre with $5m in Revenue
Nov 29, 2020 positive
Assertion Not checkable as stated
Toucan Toco Sees 30% Upsells Across Its Customer Cohorts
“What I know is that our economy is 100 30% upsells. 30%. 30% on our course.”
Charles Miglietti Nov 29, 2020 ▶ 9:42 ToucanToco Raising Right Now $10m on $50m+ Pre with $5m in Revenue
Nov 29, 2020
Assertion Not checkable as stated
Miglietti: Toucan Toco ASP Is €50K with Contracts Up to €500K
“The ASP is a 50 K euro today per year. And we have contracts ranging from 20 K to 500 K a year.”
Charles Miglietti Nov 29, 2020 ▶ 2:52 ToucanToco Raising Right Now $10m on $50m+ Pre with $5m in Revenue
Nov 29, 2020 positive
Assertion Not checkable as stated
Miglietti: Toucan Toco's CAC payback period is under one year
“If we add all the sales and marketing costs, which means that the payback is less than a year.”
Charles Miglietti Nov 29, 2020 ▶ 10:38 ToucanToco Raising Right Now $10m on $50m+ Pre with $5m in Revenue
Nov 29, 2020
Assertion Not checkable as stated
Toucan Toco Reached $5M Recurring Revenue Without External Capital
“We are a five million recurring revenue business. Nathan Latka: How much? Charles Miglietti: Five million. Five million recurring revenue without any external capital.”
Charles Miglietti Nov 29, 2020 ▶ 8:01 ToucanToco Raising Right Now $10m on $50m+ Pre with $5m in Revenue
Nov 29, 2020 positive
Disclosure
Toucan Toco Customer Success Managers Do Not Carry Sales Quotas
“No, that's a very good thing, because I have read a few things about CSM and Coda, and today we have decided that CSM should propose retention adoption and upselling. It's a nice collateral, and when they take a good opportunity, they ask for an account manage…”
Charles Miglietti Nov 29, 2020 ▶ 4:26 ToucanToco Raising Right Now $10m on $50m+ Pre with $5m in Revenue
Nov 29, 2020
Assertion Not checkable as stated
Miglietti: Toucan Toco's average CAC is 40,000 euros
“Today the average cost of acquisition is 40 K, 40 K euro.”
Charles Miglietti Nov 29, 2020 ▶ 10:28 ToucanToco Raising Right Now $10m on $50m+ Pre with $5m in Revenue
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