Welp.co

“We have in the last two years, we have four percent churn. Total in total. Only four percent of the customers left, and there was one specific reason.”

“Yeah, so far we have raised half million dollars, and we have about, we did the 500 startups and Techstars, and 500 startups gave us about 50,000 dollars, it was a safe note, and then Techstars gave us a 100,000 safe note, but then it's, the rest is bootstrapp…”

“By the next year, end of next year, we're expecting to reach total revenue in 2020 to four million.”

“About 30%. 35% of them are right now paying customers.”

“In September twenty-twenty, we were doing about 13,000 dollars.”

“And by our, we expect to close a year at 650 total revenue, 650,000 dollars total revenue.”

“Like I said, we are raising one million at the ten million valuation. We already got 250 commitment, and we're looking for partners that want to join us.”

“Each co-founder owns 40%.”

“So currently, we're, this month, actually, we hit the 59,000 dollar monthly recurring revenue. This is the second month this is repeating”

“We offer on-premise, and we are the only one in the, in this space offering on-premise.”

“Last month, we spent zero on paid ads. On a monthly basis, we tried not to spend a lot of money on paid ads.”

“32 people, two co-founders, 25 engineers, the rest is marketing, content marketing, and then we have about five specifically dedicated salespeople”

“Today we have more than 800 customers in 16 countries. Not all of them are on premise. On premise about 20% of them.”

“They have about 15 to 20 K per month to bring in, each of them.”

“So we do about 60 40 to 60 leads per month. And then some of them convert for free users. And then we get about 18% conversion on, on a, we do 18% conversion out of these free trials on a six month list.”

“So we generally offer like 30 dollars per user per month, and they can sell it on top of that. They can charge 50, they can charge 60 on top of that, but they will have to pay us 30 dollars per user per month, so that's fixed fee.”

“The moment chatbot closes a ticket, or an agent closes a ticket using our solution, we charge them 10 cents per conversation.”

“It used to be 18 dollars. We are, we have been able to bring it down to about eight dollars with content marketing.”