Doerz targets €4M pre-money valuation for next funding round
Tommy Bertanen · Cities Manage Traveler Activities Using This $3.5m Valuation Tool with $100k in ARR · Dec 30, 2021 · at 14:36
Tommy Bertanen shares the valuation target for Doerz's next venture capital round.
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“It's going to be four million pre money.”
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Equity crowdfunding splits evenly between direct networks, secondary networks, and outsiders
“Sometimes they say that one third comes from your network. One third comes from the network of your network. And then one third, like honestly comes outside of that. And I might say that's pretty close to the truth.”
SaaS licenses generate 90% to 95% of Doerz's total revenue
“SaaS license fees and subscriptions easily. So that's kind of like bringing us 90, 90 to 95% of all our revenue today.”
Doerz has raised slightly under €500,000 via equity crowdfunding
“So we've been raising something like a little bit less than half a million in euros in, in like true crowdfunding, equity crowdfunding.”
Doerz reached a €3.5 million fully diluted valuation in its latest round
“Yeah, we had like lately last round we, that was 3.5 million fully deluded and two million with the share.”