Colin Holmes discusses Chatmeter's unit economics and payback timeline on new customer acquisition.
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“We're about 10 months in.”
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More from Colin Holmes
Disclosure
Chatmeter claims a 90% win rate in competitive enterprise deals
“I can Proudly saying we win about 90% of deals when we're up against competitors.”
Colin HolmesJul 6, 2018▶ 14:161077 We Bootstrapped Our Way to $2m in ARR, Now $10m ARR
Opinion
HubSpot lacks the scale needed for enterprise marketing campaigns
“It is not, you know, it's just probably not good enough from a scale perspective. Better for kind of smaller businesses, smaller SaaS, but we're getting to much bigger needs from a campaign perspective.”
Colin HolmesJul 6, 2018▶ 15:021077 We Bootstrapped Our Way to $2m in ARR, Now $10m ARR
AssertionNot checkable as stated
Chatmeter reached $2M ARR on less than $100K in funding
“The first four or five years was bootstrapped. We basically built a, I would say about a two million AR business on less than a 100,000 in funding.”
Colin HolmesJul 6, 2018▶ 4:301077 We Bootstrapped Our Way to $2m in ARR, Now $10m ARR
AssertionNot checkable as stated
Chatmeter reached nearly $10M ARR on just $2M total funding
“We're in the ballpark of that range.”
Colin HolmesJul 6, 2018▶ 7:091077 We Bootstrapped Our Way to $2m in ARR, Now $10m ARR
Disclosure
Chatmeter's average ACV is $50,000 to $70,000 per year
“The average is about 50 to 70 grand a year.”
Colin HolmesJul 6, 2018▶ 2:371077 We Bootstrapped Our Way to $2m in ARR, Now $10m ARR
AssertionNot checkable as stated
Chatmeter doubled headcount in three months after raising $2M
“We went out to raise a million. We ended up raising about closer to two million. We grew from about 15 employees to roughly 40 within three months.”
Colin HolmesJul 6, 2018▶ 6:091077 We Bootstrapped Our Way to $2m in ARR, Now $10m ARR
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