Assertion Not checkable as stated
Coxell: Data Anchor has achieved zero churn to date
“I'm also proudly stating that we have zero turn thus far.”
Insight
Coxell: File-level zero trust enables security to travel with data anywhere
“So what they get is, you know, data security in the form of zero trust integrated down to each file. So once you integrate security into data itself, as opposed to activity around data, what you get is basically security traveling with the data. You don't care…”
Disclosure
Coxell: Data Anchor is raising on an $8M convertible note cap
“Right now it's eight million.”
Disclosure
Coxell: Data Anchor has over 20 active channel partnership agreements
“And by the way, we also sell through partners. That's our main go-to-market model. These include not just, you know, reseller, MSP, MSSP partners, but also other tech partnerships as well. And we have more than 20 partnership agreements active to the state.”
Disclosure
Coxell: Data Anchor pays resellers a 30% to 40% commission
“Between 30 to 40%.”
Disclosure
Coxell: Data Anchor pays reseller and MSSP commissions in perpetuity
“So for real, it's in perpetuity. So for resell NMSSPs. So that's an interesting question because we also have here and there some referral partnerships for referral partnerships is like, Hey, meet this guy. I think they solve your problem. And that's it. We ha…”
Disclosure
Coxell: Data Anchor charges $16 per seat monthly for unlimited data
“So they're paying 16 dollars per seat per month right now to get everything. So it's unlimited data. It doesn't limit the amount of data they protect.”
Disclosure
Coxell: SMBs are Data Anchor's largest and fastest-growing customer segment
“But right now, the fastest growing customer vertical is small to mid-sized businesses because it's easy for them. You just switch it on within a matter of 90 minutes, including the user training. So I would say our you know, the largest customer segment is sma…”
Disclosure
Coxell: Data Anchor's sweet spot is 100 to 200 seats
“I would say a hundred to 200 seats.”
Assertion Not publicly verifiable
Coxell: Data Anchor raised nearly $1.5M in 2019 pre-seed
“The pre-seed was close to one and a half million dollars.”
Assertion Contradicted
Coxell: Data Anchor raised over $3M in seed plus round
“And after two years we have raised the seed plus round, which is a little north of three million dollars. And we are currently on that round.”
Disclosure
Data Anchor operates with 11 engineers and 4 business staff
“So I would say 11 of them are engineers, and four of them on the rest of the business and growth and customer support side.”
Disclosure
Coxell: Data Anchor's first customer was a major global EV charging company
“So it is one of the largest basically electric car charging organizations in the world.”
Disclosure
Coxell: Data Anchor's first customer check was around $2,000 quarterly
“So they were paying quarterly and they started with like a small number of users. So the first check for that quarter was I believe around 2000 dollars.”
Assertion Not checkable as stated
Coxell: Data Anchor has 30 to 33 active customers
“We are over 30 right now. I believe it's 30 to 33 customers right now”
