Traction

“Sales conversion rate, so from a qualified lead, and we have about, like, a hundred qualified leads a month to an actual sale, it's basically, like, 27%, some months, like, 25%, the conversion rate.”

“The only way really to do that is by combining software and hardware and just basically providing the best in class IOT that we can.”

“Yeah, we're like around 3000 sensors that it's already going on in the market.”

“So we just hit like a hundred, a 100,000 dollars.”

“We have a hundred companies.”

“We've raised 3.7 million bucks and in seed round that was a Y Cominator together with Soma Capital and other US funds.”

“Our valuation was a bit lower. It was from basically the range, like in between 15 and twenty million dollars post-mining.”

“Engineers is basically like, summing up all the companies, it's basically like 40 people are engineers and the 20 other we're talking about sales and marketing.”

“Now we're just like thinking about series a, we still have runway to go almost like 12 month runway still. But probably we'll be raising something in between 10 or 20.”

“We have, like, 300,000 In Brazil, summing up all Latin America, we have like 600,000 companies to achieve.”

“Over the course of this year, we've done the dollar-based net expansion rate was basically like, 118%.”

“So I would say like 70% is new acquisitions and 30% is actual customers that are like asking for more.”

“A year ago, we were at like a 10,000 dollars per month.”

“So the hardware nowadays, it costs a hundred dollars per unit and actually is a, it's a very good payback because we can, we're able to provide it as 45 dollars per month per century. So in terms of hardware payback, it's like two, 2.5 months, sometimes, somet…”

“So we're growing at an, at a pace of 30% each month.”

“Well, our average MRR is basically three K per month. So and those customers, they have around 60 sensors as an average.”

“So they monitor basically all the machinery that produces the airplane. So if you think about, there's a bunch of motors, engines, compressors, pumps turbines, generators all basically rotational machine. So I've done computer engineering, not mechanical engin…”

“Our churn today is like 1.5% month maximum”

“Like we still have in my partner, we still have more than half of the company altogether.”

“There are millions of copies of Traction out there, which is super cool, and there are, like I said, there are thousands of coaches, and there literally were, up until recently, about a thousand coaches just selling EOS, and so we're very close to those folks.”