Jennifer Dulski, founder and CEO of Rising Team, details the startup's early fundraising history to host Nathan Latka.
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“We raised a three million dollar seed round in February of 21.”
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More from Jennifer Dulski
Opinion
Dulski: LMS platforms like Udemy have low usage and satisfaction
“There's, there are what are called learning management systems. These are flat content like Udemy or LinkedIn learning where you're watching videos and you're kind of solo doing this learning by yourself. It is Really low usage and pretty low satisfaction.”
Jennifer DulskiSep 8, 2022▶ 12:40She spent $100k on an agency for MVP, now has 11 FTE's and $1m ARR helping 55 brands teach their teams faster
AssertionNot checkable as stated
Dulski: Rising Team has 145% net dollar retention
“And right now we're at 145% net dollar retention so far.”
Jennifer DulskiSep 8, 2022▶ 7:05She spent $100k on an agency for MVP, now has 11 FTE's and $1m ARR helping 55 brands teach their teams faster
Disclosure
Dulski: Rising Team is raising on a SAFE with a higher cap
“And we're also, we're doing it on a safe, so it has a higher cap.”
Jennifer DulskiSep 8, 2022▶ 11:07She spent $100k on an agency for MVP, now has 11 FTE's and $1m ARR helping 55 brands teach their teams faster
PredictionNot checkable as stated
Dulski: Existing accounts could yield up to $20M over three years
“I think over 12 months, it's like a million and a half to two million, and over three years, it's like 15 to twenty million, just from the customers we have already.”
Jennifer DulskiSep 8, 2022▶ 14:41She spent $100k on an agency for MVP, now has 11 FTE's and $1m ARR helping 55 brands teach their teams faster
AssertionNot checkable as stated
Dulski: Three sessions improve 85% of tracked employee engagement metrics
“And we can see that after just three sessions,
85% of the core engagement scores that we measure are moving in a significant way.”
Jennifer DulskiSep 8, 2022▶ 16:14She spent $100k on an agency for MVP, now has 11 FTE's and $1m ARR helping 55 brands teach their teams faster
AssertionNot checkable as stated
Dulski: Most Rising Team customers come through top-down sales
“And then most of our customers actually come in through kind of a top-down mechanism where a head of a division or the head of people for a company will want to use Rising Team to Increase engagement or scale their talent development.”
Jennifer DulskiSep 8, 2022▶ 2:59She spent $100k on an agency for MVP, now has 11 FTE's and $1m ARR helping 55 brands teach their teams faster
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