Gobel: Naehas took zero institutional venture capital, raising $2M-$3M total
Rab Gobel · Bootstrapper Reveals $7m Profits on $40m Revenue Selling to Banks, 2 Customers Pay $10m+ Each · Nov 6, 2023 · at 8:37
Rab Gobel is the founder and CEO of Naehas, an enterprise SaaS platform. He discusses the company's funding history and capital structure with Nathan Latka.
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“We have not gotten any outside. We have any outside institutional investment. We have some angel investment. But it's a very small amount. I think we'd only raise about two to three million dollars.”
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More from Rab Gobel
Gobel Received Tens of Millions in Zenerate Secondary Liquidity Payouts
“The payouts had been in tens of millions of dollars, right?”
Rab Gobel: Naehas customer contracts range from $1M to $10M ARR
“So we have customers who pay us anything from a million dollars to ten million in ARR.”
Rab Gobel: Naehas is generating close to $40M in ARR
“Our revenue is close to forty million dollars in ARR.”
Rab Gobel: Naehas maintains ~20% EBITDA and cash flow margins
“We've been cashflow positive, EBITDA positive in the 20% range for a very long period of time.”
Gobel: Top ten US banks use Naehas for product and promotional offers
“You pick any of the top 10 banks in the country. When they want to send a new product, create a new product, or send a new offer to you, we are the organization, we are the platform they use to create the new product, or pricing, or a specific offer for a cons…”