Adhav: Leasecake Asserts an Average Contract Value of $10,000
Taj Adhav · Leasecake Helps Companies Manage Leases, Breaks $1m in ARR · Oct 28, 2021 · at 5:35
Leasecake founder and CEO Taj Adhav clarifies the company's average annual customer contract value to Nathan Latka.
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“10 grand a year. That's it. That's the ACV.”
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More from Taj Adhav
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“Correct. Right. No customer churn, no revenue churn.”
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“There's tools like property management, facility management. Those are traditionally geared for landlords. Location management is a new domain”
Adhav: Leasecake Deal Sizes Grew Unpredictably During the COVID-19 Pandemic
“As our deal size has gotten larger, we've seen explosive growth through COVID, which was frankly surprises the investor community, but it doesn't surprise us.”
Adhav: Leasecake Raised an Oversubscribed $3.2M Seed Round in 2021
“Three million. It was oversubscribed. 3.2, I think it was.”