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Sean Sankaran

Founder & CEO, FixNix · 1 appearance on the record.

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founderexecutive@sshanmugavel ↗LinkedIn ↗shanmugavel.com ↗

Shanmugavel "Shan" (Sean) Sankaran is an entrepreneur who founded FixNix, an automated SaaS platform designed to streamline governance, risk management, and regulatory compliance for enterprises and SMBs. Prior to FixNix and ventures like NixWhistle, he held cybersecurity and information security roles at companies including Microsoft and IBM.

9statements → 4claims → 0claims resolved → 3.67/5average certainty → 1.56/5average debate potential →

1 not yet assessed 3 not checkable as stated how the 4 claims stand · each chip opens the sources

1 prediction · 3 assertions · 1 opinion · 1 insight · 3 disclosures · every statement was checked. The prediction and assertions are the 4 claims: statements the public record can support or contradict. 0 are resolved, 1 is not yet assessed, and 3 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.

The record, in short

What the tape says about how Sean argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Sean Sankaran on measured tape to publish a rate. This says nothing about how they speak.

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

Opinion
Indian venture capital firms historically did not understand enterprise SaaS
“In India, the venture capital's appetite to understand this kind of enterprise proposition your new SaaS enterprise proposition for a new industry, I think was very less. I think people didn't get enterprise at all in the Indian venture capital community.”
Sean Sankaran Apr 30, 2021 ▶ 9:14 $1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building
Disclosure
Sankaran: FixNix pays referral partners a recurring 20% commission
“We pay 20 percentage of the recurring revenue. In fact, if they bring a 6000 dollar deal, they get a recurring 20 percentage commission out of it.”
Sean Sankaran Apr 30, 2021 ▶ 12:28 $1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building
Insight
Sankaran: Selling GRC platforms to SMBs under $20k is a new model
“This is usually traditionally called as governance risk and complaints platform. It's only sold for enterprises. They go sell for half a million dollar to an average client. So I think this new business model of selling for two, 20,000 dollars or even lesser t…”
Sean Sankaran Apr 30, 2021 ▶ 13:11 $1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building
Disclosure
FixNix's attempt to partner with the Reserve Bank of India failed
“In fact, we tried partnering with the regulator of India, Reserve Bank of India. We tried doing a public-private partnership. We tried form in their own cloud to focus on some markets like credit union, community banks. But it was a big dud. I think focusing o…”
Sean Sankaran Apr 30, 2021 ▶ 14:13 $1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building
Assertion Not checkable as stated
Sankaran: FixNix currently has roughly 30 active customers
“Actually, we have maybe 30 plus.”
Sean Sankaran Apr 30, 2021 ▶ 4:56 $1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building
Prediction Not checkable as stated
Sankaran: FixNix will cross a $1 million run rate in 2021
“Yes we are seeing a huge attraction post COVID-ninete.”
Sean Sankaran Apr 30, 2021 ▶ 5:56 $1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building
Disclosure
FixNix plans to raise $5M to $10M via crowdfunding and partners
“Now we are looking at five to ten million, maybe five through a crowdfunding five, maybe through other partners who may be interested in the space.”
Sean Sankaran Apr 30, 2021 ▶ 10:27 $1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building
Assertion Not publicly verifiable
FixNix raised its 2020 round at a $15M valuation
“The last round, the three series, we raised it at around a fifteen million valuation”
Sean Sankaran Apr 30, 2021 ▶ 10:41 $1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building
Assertion Not checkable as stated
Sankaran: FixNix customers pay an average of $2,500 per month
“Average is maybe 2500 dollars.”
Sean Sankaran Apr 30, 2021 ▶ 2:59 $1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building

Appearances (1)

EpisodeDateSpeaking time
$1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building Apr 30, 2021 9m
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