Assertion Not checkable as stated
Greenberg: Algopix is the only provider of multi-marketplace transactional market share data
“We're actually the only ones who provide market share insights into sales that occur on amazon.com as well as Walmart, eBay, Google Shopping, etc. There are other players that do only one of these platforms, usually it's Amazon, and they're basing their data o…”
Assertion Not checkable as stated
Greenberg: Over 70,000 sellers share data with Algopix for free tools
“So we support more than 70,000 brands and online sellers that share data with us in return for using free e-commerce tools.”
Assertion Not checkable as stated
Greenberg: Algopix sees zero churn among enterprise customers
“Oh, we don't see any churn at all. For the enterprise customers, which is the focus, I mean, they continue building features and capabilities over our engine, so I'm not concerned about churn.”
Disclosure
Greenberg: Google Shopping, Facebook Marketplace, and Walmart are Algopix customers
“So it would be the CPG brands as well as the marketplaces themselves. We have customers like Google shopping, Facebook's marketplace, Walmart. So both.”
Assertion Not checkable as stated
Greenberg: Algopix has about a dozen six- to seven-figure enterprise clients
“Probably about a dozen.”
Disclosure
Greenberg: Algopix plans to stop supporting medium-sized businesses by end of 2021
“The enterprise deals are the biggest growth engine where I believe that by the end of 2021 will stop supporting the medium sized businesses.”
Assertion Not checkable as stated
Algopix has product-market fit in marketplaces, but not yet CPG
“We have a good product market fit in the marketplace segment, but we still need to finalize, kind of make sure we have a good product market fit on the brand and CPG space.”
Assertion Not checkable as stated
Greenberg: Algopix has roughly 5,000 SMB customers while pivoting upmarket
“We have probably about 5000 SMBs that we're walking away from that business model.”
Assertion Not checkable as stated
Greenberg: Algopix has around two dozen mid-sized clients paying $1k/month
“Probably about a couple of dozens of mid-sized companies paying probably a thousand dollars a month on average.”
Assertion Not checkable as stated
Greenberg: Less than 40% of Algopix's monthly revenue comes from SMBs
“Less than less than 40%.”
Assertion Not checkable as stated
Greenberg: Algopix grew revenue by about 300% over the past year
“We grew about 300% last year.”
Disclosure
Greenberg: Algopix plans to raise capital in Q2 2021
“No, we plan on raising funds in Q two, 20, 21.”
Assertion Not checkable as stated
Greenberg: Algopix targets an addressable market of 14,000 enterprise retail companies
“You charge six, seven figures, that, that should be their size. And the right categories, you know, retail, e-commerce, brick and mortar, whatever. It's about 14,000 companies. That's our market.”