Shanak Roy, founder and CEO of Yellowdig, breaks down the company's revenue split between institutional enterprise sales and direct-to-consumer student purchases.
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“Direct to consumer is a new business model for us. We launched it in the beginning of 2020. So that's a segment which is growing for us right now. We expect that to grow rapidly in this year. But right now I would say it's about 20% of our revenue.”
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Insight
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AssertionSupported
Yellowdig partners with Barnes & Noble for nationwide university distribution
“We are a bonds and rebels partner. So we are pretty much in all over the country.”
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AssertionSupported
Yellowdig prices its software at $12.95 per student per course
“So for one student to take, use Yellowdig in one course is 12 dollars and 95 cents.”
Shaunak RoyFeb 19, 2022▶ 3:04Edtech SaaS Breaks $4m, Looking at $10m Series B Next
AssertionNot checkable as stated
Yellowdig has expanded to over 130 university customers
“We have over a 130 universities now.”
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AssertionNot checkable as stated
Yellowdig had around 200,000 students on its platform last year
“So right last year we had about 200,000 students who used our platform in a variety of ways.”
Shaunak RoyFeb 19, 2022▶ 4:35Edtech SaaS Breaks $4m, Looking at $10m Series B Next
AssertionNot checkable as stated
Yellowdig's largest customer generates over $300,000 in annual revenue
“Our largest customer, I think, you know, over 300,000 dollars per year.”
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