Tan: Sift Science customers pay thousands up to $100,000 monthly
Jason Tan · 918 SaaS: Fraud Prevention Company Raises $54m, Passes 500 Customers · Jan 28, 2018 · at 2:32
Jason Tan, founder of fraud detection platform Sift Science, discusses customer contract sizes and monthly spend ranges with host Nathan Latka.
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“Oh, it's probably going to be a in the minimum of a few thousand dollars per month. We have some customers paying us a 100,000 dollars per month.”
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More from Jason Tan
Tan: Making Over $1M on Startup Equity Typically Requires Facebook-Scale Outcome
“You know, typically to make more than a million dollars at any company, it would require kind of a Facebook size outcome.”
Tan: Max Levchin personally invested $1M to lead Sift Science seed round
“He wanted to lead our seed round. So he put a million dollars of his own money in and we raised a total of 1.6 million dollars back in September of 2001.”
Tan: Sift Science has raised approximately $54 million in total funding
“Oh, we raised about fifty four million dollars.”
Tan: Sift Science has approximately 500 paying customers
“We have, we're lucky to have quite a few just about 500”