Duncker: iCharts has raised $23 million to date
Seymour Duncker · 712: How To Use a Distribution Channel to Get 200 Customers Paying $15k per Year · Jul 6, 2017 · at 14:27
Seymour Duncker, CEO of iCharts, shares the total capital raised by the company with Nathan Latka.
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“So we've raised twenty three million dollars to date.”
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More from Seymour Duncker
German enterprise buyers prefer Silicon Valley vendors over domestic options
“Like, the US guys buy, like to buy from American companies. Germans like to buy from Silicon Valley.”
Duncker: iCharts contracts start around $15,000 per year
“Oh, it can range from anything, I would say, starting around about you know, 15,000 dollars per annum to, you know, much larger than that, and that, or, that obviously, you know, bundles a number of users.”
Duncker: iCharts serves ~200 customers, adding 20-30 per month
“So, we're quickly accelerating, so around about 200 customers and, you know, we are adding, I think, 20, 30 customers a month right now, so and with our upcoming channel agreements that's gonna be accelerating even further.”
Duncker: iCharts maintains an annual churn rate of 5% to 7%
“So our annual churn is around about, I would say, five to seven percent.”