SpaceBasic founder Madhavi Shankar details the company's team size and composition.
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“Today we're about 15 on and off. That's our total team size. But if we take in our advisors and all of our, you know, consultants, we're a team of about 21 people.”
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More from Madhavi Shankar
AssertionNot checkable as stated
SpaceBasic serves 65 to 70 universities and 160,000 total users
“So, you know, at the moment, we work with about 65, 70 universities, about a 150, 60,000 users in total.”
Madhavi ShankarDec 8, 2021▶ 2:39India Based SaaS hits $20k MRR, Growing Fast with 160k Users
AssertionNot checkable as stated
SpaceBasic has 55,000 to 60,000 paying student users on platform
“We charge per student per year. Though we have different users using it at the moment, we just charge the students and we're, we are about around 55 to 60,000 students on the platform.”
Madhavi ShankarDec 8, 2021▶ 3:34India Based SaaS hits $20k MRR, Growing Fast with 160k Users
AssertionNot checkable as stated
SpaceBasic Hit Cash Flow Breakeven in 2020 Before Angel Round
“In 2020, we were cash flow breakeven and we raised you know our first round of funding you know, a more of a angel round this year in May.”
Madhavi ShankarDec 8, 2021▶ 5:35India Based SaaS hits $20k MRR, Growing Fast with 160k Users
AssertionNot checkable as stated
SpaceBasic grew new customer acquisition by 35% year-over-year
“We have grown about 35% in terms of new customer acquisition.”
Madhavi ShankarDec 8, 2021▶ 10:11India Based SaaS hits $20k MRR, Growing Fast with 160k Users
Disclosure
SpaceBasic sold only 5% to 6% equity in its initial angel round
“No, we were not. We were more we were less than we were around five, six percent or less than that.”
Madhavi ShankarDec 8, 2021▶ 12:48India Based SaaS hits $20k MRR, Growing Fast with 160k Users
Disclosure
SpaceBasic aims to raise around $1 million in next funding round
“You know, we're still yet to finalize on the math, but I'm thinking maybe a million or so is what we're looking to raise.”
Madhavi ShankarDec 8, 2021▶ 13:59India Based SaaS hits $20k MRR, Growing Fast with 160k Users
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