Taj Adhav, founder and CEO of Leasecake, describes sales velocity for their commercial lease management software.
0:00 / 0:05exact quote · 6.0s
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“We typically have a fast sales cycle of anywhere between two days to two Two months, I'd say on average.”
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More from Taj Adhav
AssertionNot checkable as stated
Adhav: Leasecake Reached Zero Gross Customer and Revenue Churn
“Correct. Right. No customer churn, no revenue churn.”
Taj AdhavOct 28, 2021▶ 15:53Leasecake Helps Companies Manage Leases, Breaks $1m in ARR
Insight
Adhav: Real Estate Software Underserves Tenants by Focusing on Landlords
“There's tools like property management, facility management. Those are traditionally geared for landlords. Location management is a new domain”
Taj AdhavOct 28, 2021▶ 3:38Leasecake Helps Companies Manage Leases, Breaks $1m in ARR
AssertionNot checkable as stated
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.”
Taj AdhavOct 28, 2021▶ 5:07Leasecake Helps Companies Manage Leases, Breaks $1m in ARR
AssertionSupported
Adhav: Leasecake Raised an Oversubscribed $3.2M Seed Round in 2021
“Three million. It was oversubscribed. 3.2, I think it was.”
Taj AdhavOct 28, 2021▶ 6:55Leasecake Helps Companies Manage Leases, Breaks $1m in ARR
AssertionNot checkable as stated
Adhav: Leasecake Manages 10,000 Locations Across 250 Total Customers
“About 250 customers represents maybe about a thousand different users in our system. And you know, 10,000 plus locations across the U.S. And other geos.”
Taj AdhavOct 28, 2021▶ 7:45Leasecake Helps Companies Manage Leases, Breaks $1m in ARR
AssertionNot checkable as stated
Adhav: Leasecake Reached a 127% Net Revenue Retention Rate
“We have seen a pretty strong adoption was strong enough to have a 127% net revenue retention.”
Taj AdhavOct 28, 2021▶ 8:10Leasecake Helps Companies Manage Leases, Breaks $1m in ARR
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