Von Sydow: above.ai maintains roughly 140% net revenue retention
Gustav von Sydow · 1247 This SaaS Product Has No Website but Does $3m in ARR, How? · Dec 23, 2018 · at 5:53
Gustav von Sydow, founder of Burt and above.ai, explains customer expansion and SaaS unit economics to Nathan Latka.
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“So we're about a 140% net revenue retention.”
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More from Gustav von Sydow
Von Sydow: European ad-tech startups struggled against US partner ecosystems
“It was very tough as a European company to make a dent. It was very Americanized in terms of the type of partners that you needed and the type of funding that you needed.”
Von Sydow: The only reason to raise SaaS capital is competitive risk
“I sort of feel like the only reason to raise money in, in SaaS if you have significant competitive risk, and right now I sort of feel like we're winning the deals that we want, and customers seem to be sticking around.”
Von Sydow: above.ai generates about $3M in annual revenue
“So we carved it out last year. So we ran it as a product line. So it's doing about three million dollars right now.”
Von Sydow: above.ai has not launched a public website yet
“So that's actually a URL called above, above.ai, which is not launched yet. So it's going to be launched in the next week or two.”