Trakto

11 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Oct 12, 2020 by Paulo Tenório · said 27 times in 1 episodes since 2020 · across every show →

Mentions by year

brought up most by Paulo Tenório (15), Nathan Latka (12)

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2020 27 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Trakto, oldest first

Oct 12, 2020 neutral
Assertion Not checkable as stated
Trakto generated approximately $15,000 in monthly recurring revenue in late 2019
“Around like 15,000. We didn't have a white label. We didn't have like a lot of different things that we have right now.”
Paulo Tenório Oct 12, 2020 ▶ 16:02 Trakto Hits $30k MRR With Canva Competitor. Can They Hit $1m ARR?
Oct 12, 2020 positive
Assertion Supported
Trakto secures $100,000 investment from TheVentureCity accelerator
“We just got accepted into a really nice accelerator. I'm really proud to be part of the Deventory City team. They're based in Miami. Laura is the CEO. We just got on, on the batch and we got like a 100,000 investment right now.”
Paulo Tenório Oct 12, 2020 ▶ 12:55 Trakto Hits $30k MRR With Canva Competitor. Can They Hit $1m ARR?
Oct 12, 2020 neutral
Assertion Not checkable as stated
Trakto currently experiences approximately 6% monthly gross revenue churn
“You know, we have around like six percent of revenue growth revenue churn.”
Paulo Tenório Oct 12, 2020 ▶ 14:50 Trakto Hits $30k MRR With Canva Competitor. Can They Hit $1m ARR?
Oct 12, 2020 neutral
Assertion Not publicly verifiable
Trakto has raised approximately $500,000 in total venture funding so far
“Tracto raised it so far around like 500 thousand US dollars.”
Paulo Tenório Oct 12, 2020 ▶ 11:02 Trakto Hits $30k MRR With Canva Competitor. Can They Hit $1m ARR?
Oct 12, 2020 neutral
Assertion Not checkable as stated
TheVentureCity took 6% equity contingent on Trakto raising over $1.5 million
“Actually, they take six percent of the next round and they have, like, a threshold that you must raise more than a million and a half dollars so they're able to cash in.”
Paulo Tenório Oct 12, 2020 ▶ 13:14 Trakto Hits $30k MRR With Canva Competitor. Can They Hit $1m ARR?
Oct 12, 2020 positive
Assertion Not checkable as stated
Trakto has reached over 500,000 total users and 40,000 paying clients
“Oh, so right now we have around like five, 500,000 plus users and paying clients. We are reaching about like 40,000 paying clients so far.”
Paulo Tenório Oct 12, 2020 ▶ 5:21 Trakto Hits $30k MRR With Canva Competitor. Can They Hit $1m ARR?
Oct 12, 2020 neutral
Assertion Not checkable as stated
Trakto currently operates with a cash burn rate of $15,000 monthly
“Right now we're going like 15,000 dollars per month.”
Paulo Tenório Oct 12, 2020 ▶ 12:45 Trakto Hits $30k MRR With Canva Competitor. Can They Hit $1m ARR?
Oct 12, 2020
Assertion Not checkable as stated
Trakto users generate between 48,000 and 50,000 new documents weekly
“It's around, like 40 it's in between, like, this week, it's, like, it's gonna be, like, 48 to 50,000, like, new documents every week. We had a month that we reached almost, like, a million new designs, like, in a month, so that was good.”
Paulo Tenório Oct 12, 2020 ▶ 10:26 Trakto Hits $30k MRR With Canva Competitor. Can They Hit $1m ARR?
Oct 12, 2020 bullish
Disclosure
Trakto plans to enter the United States market in 2021
“So we are not like selling in the U S yeah. So that's our plan for 20, 21.”
Paulo Tenório Oct 12, 2020 ▶ 8:52 Trakto Hits $30k MRR With Canva Competitor. Can They Hit $1m ARR?
Oct 12, 2020
Assertion Not checkable as stated
Trakto has 3,000 direct paying customers at a $10 monthly ARPU
“Around like 3000 directly. So that's how they pay us and through the other, the major part like comes through like big tickets. So we have like an ARPU around around like 10 dollars per month.”
Paulo Tenório Oct 12, 2020 ▶ 6:05 Trakto Hits $30k MRR With Canva Competitor. Can They Hit $1m ARR?
Oct 12, 2020 neutral
Disclosure
Trakto publicly shares its live revenue and churn data via Baremetrics
“We use Barometrics and we have the open data. If people want to check out because it's connected to Stripe, which is our main gateway, you go through tracto.barometrics.com and then you can check out How we are dealing churn and ARPU and everything else.”
Paulo Tenório Oct 12, 2020 ▶ 16:39 Trakto Hits $30k MRR With Canva Competitor. Can They Hit $1m ARR?
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