Dreamdata has 30 paying customers with an average $18,000 ACV
Ali Dalarup · Revenue Recognition SaaS Hits $500k ARR, Raised $4m at $20m Valuation with 30 Customers · Nov 24, 2021 · at 11:28
Ali Dalarup, co-founder and CTO of DreamData, corrects a misunderstanding regarding the company's customer count and average contract value.
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“So 30, 30 paying customers and 18,000 average.”
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More from Ali Dalarup
Dreamdata annual customer contracts range from $6,000 to $100,000
“So customers pay us I mean, it depends, of course, of size and so, but they, the range is typically between 6000 dollars annually and up to 50, a 100,000 dollars.”
Dreamdata founders rejected $1M funding immediately after leaving Trustpilot
“Lars, our CEO and I, we left a company called Trustpilot. And actually more or less when we walked out the door, we were offered in the area of the same amount of cash we raised. But at that time we turned that offer down. Not because it wasn't a good offer ne…”
Dreamdata has reached approximately $500,000 in annual recurring revenue
“So, so roughly our annual recurring revenue is in the 500,000 area.”
Dalarup predicts Dreamdata will reach $1 million in revenue next year
“For sure. Yeah. I mean, that, that we have to hit.”
Dreamdata experienced 14% to 20% equity dilution per funding round
“Every round has been between I think 14 and 20% for us.”
Dreamdata's net dollar retention dropped below 100% during customer profile refinement
“That's probably the case, yes, because if we look at kind of a year, so we, I think the last nine months, we really kind of kicked the kind of ICP customer. So if we look at the customers, we kind of signed a year ago and further back, they were the less idle …”