Nathan Kamstra

Advisor, Sampoerna Strategic · 1 appearance on the record.

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Nathan Scott Kamstra is an American technologist and executive who co-founded the Indonesian HR-tech and employee benefits SaaS platform Urbanhire, serving as Chief Information Officer. He has held engineering leadership and advisory roles at Southeast Asian companies including Xendit and Sampoerna Strategic, as well as analytics leadership at Aon.

11statements → 5claims → 0claims resolved → 3.64/5average certainty → 1.45/5average debate potential →

5 not checkable as stated how the 5 claims stand · each chip opens the sources

1 prediction · 4 assertions · 2 opinions · 1 insight · 3 disclosures · every statement was checked. The prediction and assertions are the 5 claims: statements the public record can support or contradict. 0 are resolved, and 5 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

What they said11 Episodes1

Everything Nathan Kamstra said on Top Founders that made the record, most notable first. Filter by type, assessment or year in the ledger →

Disclosure

Kamstra: Urbanhire will pivot revenue model from SaaS to insurance broking

“So we're building different components, but you know, our focus, we're going to change the revenue model from SAS to one of broken revenue. And therefore we need to build out a broken component benefits administration, and again, focus very specifically on Ind…”

Nathan Kamstra Nov 15, 2019 ▶ 12:37 1574 Why This CIO Believe Indonesia Next Growth Opportunity for Team Insurance and Benefits

Insight

Kamstra: Local regulations keep global HR platforms out of Indonesia

“The thing about these platforms is they're highly, they're very much dictated by local regulation and therefore every company is going to have its own special needs, its own special configurations and its own implementation skills. So Indonesia has not been re…”

Nathan Kamstra Nov 15, 2019 ▶ 14:50 1574 Why This CIO Believe Indonesia Next Growth Opportunity for Team Insurance and Benefits

Disclosure

Kamstra: Urbanhire targets pre-mature markets before developed regions

“What I've decided that we should do is focus on the markets that's about to be mature and then go after the other markets as opposed to what most people have done, which is focus on the more mature markets and then try to go into the other regions when it make…”

Nathan Kamstra Nov 15, 2019 ▶ 15:23 1574 Why This CIO Believe Indonesia Next Growth Opportunity for Team Insurance and Benefits

Assertion Not checkable as stated

Kamstra: Urbanhire has roughly 168 paying clients

“So we've got a 168, I think paying clients.”

Nathan Kamstra Nov 15, 2019 ▶ 2:35 1574 Why This CIO Believe Indonesia Next Growth Opportunity for Team Insurance and Benefits

Prediction Not checkable as stated

Kamstra: Urbanhire will reach about $100,000 monthly revenue by year-end

“No, actually we are at about where by the end of the year, we will be closing about a 100,000 per month.”

Nathan Kamstra Nov 15, 2019 ▶ 3:59 1574 Why This CIO Believe Indonesia Next Growth Opportunity for Team Insurance and Benefits

Assertion Not checkable as stated

Kamstra: Urbanhire generates around $69,000 per month in revenue

“I believe Vincent would have been better for this one, but I believe we're at around 69.”

Nathan Kamstra Nov 15, 2019 ▶ 4:08 1574 Why This CIO Believe Indonesia Next Growth Opportunity for Team Insurance and Benefits

Disclosure

Kamstra: Urbanhire has raised $1.2M in total funding

“So as of today, I want to say that they raised 125, I'm sorry, one point, yeah, 1.2 million.”

Nathan Kamstra Nov 15, 2019 ▶ 6:26 1574 Why This CIO Believe Indonesia Next Growth Opportunity for Team Insurance and Benefits

Opinion

Kamstra: Large companies like Aon operate in buy mode, not build

“Companies at this point, you know, companies as large as Aon, they're in a buy mode. They're not going to build something.”

Nathan Kamstra Nov 15, 2019 ▶ 7:47 1574 Why This CIO Believe Indonesia Next Growth Opportunity for Team Insurance and Benefits

Assertion Not checkable as stated

Kamstra: Urbanhire experiences 20% annual customer churn

“Well, it's 20%, 20% churn. Sorry. I was looking at the wrong side of that.”

Nathan Kamstra Nov 15, 2019 ▶ 9:49 1574 Why This CIO Believe Indonesia Next Growth Opportunity for Team Insurance and Benefits

Opinion

Kamstra: Indonesia lacks software implementation resources due to immature insurance market

“Indonesia doesn't have a great set of resources to do this because the insurance market's really immature here.”

Nathan Kamstra Nov 15, 2019 ▶ 13:51 1574 Why This CIO Believe Indonesia Next Growth Opportunity for Team Insurance and Benefits

Assertion Not checkable as stated

Kamstra: Urbanhire has 3,600 registered clients on its platform

“We have three, 3600 clients on the system.”

Nathan Kamstra Nov 15, 2019 ▶ 2:27 1574 Why This CIO Believe Indonesia Next Growth Opportunity for Team Insurance and Benefits

Appearances (1)

Episode	Date	Speaking time
1574 Why This CIO Believe Indonesia Next Growth Opportunity for Team Insurance and Benefit	Nov 15, 2019	9m

Nathan Kamstra

Appearances (1)

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