Thomas Kedar

1 appearance on the record.

computed by AI from the episodes · how this works → · full disclaimer →

12statements → 9claims → 3claims resolved → 67%fully supported → 4/5average certainty → 1/5average debate potential →

2 supported 0 partly supported 1 contradicted 6 not checkable as stated how the 9 claims stand · each chip opens the sources

9 assertions · 3 disclosures · every statement was checked. The predictions and assertions are the 9 claims: statements the public record can support or contradict. 3 are resolved, and 6 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 Thomas argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable supported claim

Assertion Supported
SEON has raised $13M in total funding to date
“We have raised so far thirteen million USD.”
Thomas Kedar Feb 25, 2022 ▶ 1:47 Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

Their most notable contradicted claim

Assertion Contradicted
SEON charges four to eight cents per API call
“It's between four to eight cents.”
Thomas Kedar Feb 25, 2022 ▶ 5:46 Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

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 Thomas Kedar on measured tape to publish a rate. This says nothing about how they speak.

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

Assertion Not checkable as stated
SEON boasts an exceptionally high net dollar retention near 200%
“It's very close to 200, actually.”
Thomas Kedar Feb 25, 2022 ▶ 8:52 Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue
Disclosure
SEON aims to raise a $60M to $80M Series B
“So our B will be, yeah, around 60 to 80. That's what we are aiming at, but you know, it's still ongoing.”
Thomas Kedar Feb 25, 2022 ▶ 16:04 Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue
Assertion Supported
SEON has raised $13M in total funding to date
“We have raised so far thirteen million USD.”
Thomas Kedar Feb 25, 2022 ▶ 1:47 Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue
Assertion Supported
SEON Serves Revolut, Nubank, Patreon, and Afterpay as Fraud Prevention Clients
“We work with some of the largest now banks such as Revolut, Nubank, Work with subscription services, such as Patreon. we work with online gambling companies, online lending companies, PNPI companies. So like after pay”
Thomas Kedar Feb 25, 2022 ▶ 3:03 Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue
Assertion Not checkable as stated
SEON Processed Over 90 Million API Calls in December 2021
“It was more than nine million. Nine or nine zero? Nine zero. Nine zero million. Just in December of last year, 20, 21. That's right.”
Thomas Kedar Feb 25, 2022 ▶ 3:47 Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue
Assertion Not checkable as stated
SEON Has Close to 200 Direct Customers and Protects 5,000+ Online Businesses
“Well, we have just close to 200 direct customers, but since we have some payment gateway customers we are protecting more than 5000 online businesses out there.”
Thomas Kedar Feb 25, 2022 ▶ 4:03 Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue
Assertion Contradicted
SEON charges four to eight cents per API call
“It's between four to eight cents.”
Thomas Kedar Feb 25, 2022 ▶ 5:46 Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue
Assertion Not checkable as stated
SEON Has Never Raised Prices Since Inception
“No, it's always been like that. And we never raised prices since the beginning.”
Thomas Kedar Feb 25, 2022 ▶ 5:55 Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue
Assertion Not checkable as stated
SEON's average annual contract value sits at $55,000
“The ACV is Around right now, like, 55,000 US dollars a year. So about 4500 US dollars a month, I would say.”
Thomas Kedar Feb 25, 2022 ▶ 6:40 Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue
Assertion Not checkable as stated
SEON maintains a 5% annual gross revenue churn rate
“Not really. It's like five percent a year. We don't see, you know, businesses switching from us to other tools. What you see is they cease to exist, usually due to some You know, business continuity issues such as COVID and so on.”
Thomas Kedar Feb 25, 2022 ▶ 9:05 Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue
Disclosure
SEON requires CSMs to reach 2% monthly expansion for commission
“Yeah net expansion yeah, should be at least two percent uplift from previous month the space, and then they earn Also the same amount of commission based on that, but yeah, it's a new scheme.”
Thomas Kedar Feb 25, 2022 ▶ 11:57 Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue
Disclosure
SEON anticipates 15% to 20% dilution in its Series B
“No, I mean, valuation would be like, of course you know, we would dilute the same amounts before. So standard dilution, you know, between 15 and 20%.”
Thomas Kedar Feb 25, 2022 ▶ 16:28 Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

Appearances (1)

EpisodeDateSpeaking time
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue Feb 25, 2022 8m
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