Assertion certainty 4/5 debate potential 1/5

riskmethods Generates 70% of New Business in H2

Heiko Schwarz · 1527 Supply Chain Risk Company Hits $7m in ARR, 130 Customers · Sep 29, 2019 · at 18:19

Heiko Schwarz, founder and MD of riskmethods, explains seasonality and year-end enterprise purchasing cycles to Nathan Latka.

0:00 / 0:10exact quote · 10.3s
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“We usually do 70% of our new business in, in the second half of the year, so it's really like an, Budget cycle driven year end rally.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Heiko Schwarz

Insight
Schwarz Warns Missing Venture Debt KPIs Creates Severe Founder Stress
“I had some thought and experience exchange with other founders who did venture depths, and as soon as they cross or match and miss some of the important KPIs, these players might become really, really stressful.”
Heiko Schwarz Sep 29, 2019 ▶ 13:08 1527 Supply Chain Risk Company Hits $7m in ARR, 130 Customers
Disclosure
Schwarz: Risk Methods pricing ranges from $2K to over $100K monthly
“So our offering starts with close to two grants a month for the smaller enterprises and it goes direction and even crossing six digit monthly fees.”
Heiko Schwarz Sep 29, 2019 ▶ 5:04 1527 Supply Chain Risk Company Hits $7m in ARR, 130 Customers
Assertion Not checkable as stated
Schwarz: Risk Methods averages around $5,000 per month per customer
“So on average, we are around the area of five K a month.”
Heiko Schwarz Sep 29, 2019 ▶ 6:31 1527 Supply Chain Risk Company Hits $7m in ARR, 130 Customers
Assertion Not checkable as stated
Schwarz: Risk Methods' average $5K/mo customer has $2B in turnover
“Their typical size is in the area of two billion turnover.”
Heiko Schwarz Sep 29, 2019 ▶ 6:46 1527 Supply Chain Risk Company Hits $7m in ARR, 130 Customers
Assertion Not checkable as stated
Schwarz: Risk Methods serves 430 enterprise customers in Europe and North America
“So we, today, as of today, we serve from customer base of 430 enterprises across, which are headquartered across Europe and North America.”
Heiko Schwarz Sep 29, 2019 ▶ 9:17 1527 Supply Chain Risk Company Hits $7m in ARR, 130 Customers
Disclosure
Schwarz: Risk Methods co-founders invested a six-figure sum of personal savings
“So we put in a six digit figure into the foundation.”
Heiko Schwarz Sep 29, 2019 ▶ 10:17 1527 Supply Chain Risk Company Hits $7m in ARR, 130 Customers
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