Nathan Latka presses Proov CEO Toby Olshanetsky to clarify the count of paying customers versus free platform users.
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“Tens of enterprises. Tens of enterprises. It's more than a 10.”
quote is from the automated transcript, cleaned for reading:
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More from Toby Olshanetsky
Disclosure
Proov Raised $21M Pre-Revenue by Having Investors Interview Free Users
“And our investors, when they did the due diligence, they want to speak with customers and we gave them a very big customer list and they spoke with them and they understood how, you know, all the pains that we are solving them and how much money we are saving …”
Toby OlshanetskyJan 17, 2018▶ 14:35907 SaaS: How Proov Was Able to Raise $21m Pre Revenue
AssertionNot checkable as stated
Olshanetsky: Proov Charges Enterprises Tens to Hundreds of Thousands Annually
“The enterprises are paying us between 10,010 of thousands of US dollars up to hundreds of thousands of US dollars.”
Toby OlshanetskyJan 17, 2018▶ 1:44907 SaaS: How Proov Was Able to Raise $21m Pre Revenue
AssertionNot checkable as stated
Olshanetsky: Proov Average Annual Contract Value Is $95,000
“95.”
Toby OlshanetskyJan 17, 2018▶ 2:10907 SaaS: How Proov Was Able to Raise $21m Pre Revenue
AssertionSupported
Olshanetsky: Proov Has Raised $21.1 Million in Total Venture Funding
“21.1.”
Toby OlshanetskyJan 17, 2018▶ 6:08907 SaaS: How Proov Was Able to Raise $21m Pre Revenue
AssertionNot checkable as stated
Olshanetsky: Proov hosts 125 enterprises and rejected two-thirds of 3,500 startup applicants
“We have a 125 enterprises on the platform, and again, it's a growing on a daily basis. We have a thousand and something, thousand and chain startups out of 3500 startups that requested to apply to prove. So you can see that almost two third of the vendors that…”
Toby OlshanetskyJan 17, 2018▶ 7:06907 SaaS: How Proov Was Able to Raise $21m Pre Revenue
Disclosure
Proov Launched Paid Monetization for the First Time in January 2018
“We just actually, you know, congratulations to us. We just opened the monetization this month.”
Toby OlshanetskyJan 17, 2018▶ 7:49907 SaaS: How Proov Was Able to Raise $21m Pre Revenue
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