Assertion Supported AI assessment confidence: 90% certainty 4/5 debate potential 1/5

CleanConnect.ai seeks EPA approval via client submission

Mark Smith · Oil and Gas ESG SaaS Hits $1.2m ARR in 12 Months, $5m Raise Next? · Aug 20, 2021 · at 13:03

Mark Smith discusses regulatory tailwinds and seeking EPA approval for CleanConnect.ai's monitoring system.

0:00 / 0:12exact quote · 12.8s
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“There's some other regulations coming up where we're getting our system being approved by the EPA. And it's done through one of our clients actually who's presenting our stuff to the EPA.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Mark Smith

Prediction Open · timeframe Aug 2041
Smith: Fossil fuels will provide 80% of energy for 20 more years
“80% or more of our energy comes from fossil fuels and will in spite of all the focus on renewables for the next 20 years.”
Mark Smith Aug 20, 2021 ▶ 2:06 Oil and Gas ESG SaaS Hits $1.2m ARR in 12 Months, $5m Raise Next?
Assertion Not checkable as stated
CleanConnect.ai generates over $100,000 in monthly recurring revenue
“We're, no, we're six figures.”
Mark Smith Aug 20, 2021 ▶ 6:52 Oil and Gas ESG SaaS Hits $1.2m ARR in 12 Months, $5m Raise Next?
Disclosure
CleanConnect.ai receives 10-year upfront cash payments from oil and gas customers
“So when you're building a new pad, there's a thing called intangible drilling costs. So in that case, they want to accelerate CapEx. So they'll pay us for 10 years up front, everything. All hardware, all software.”
Mark Smith Aug 20, 2021 ▶ 4:25 Oil and Gas ESG SaaS Hits $1.2m ARR in 12 Months, $5m Raise Next?
What-if
Smith: Delaying his September 2000 exit would have reduced value by two-thirds
“Honestly, if we had waited another year, probably would have got a third of that.”
Mark Smith Aug 20, 2021 ▶ 15:31 Oil and Gas ESG SaaS Hits $1.2m ARR in 12 Months, $5m Raise Next?
Disclosure
Mark Smith: CleanConnect.ai considers SPAC route to acquire engineering companies
“You know, we're talking about doing a SPAC and putting extra money and buying up because I was very successful near the last year prior to exit of buying great engineering companies who couldn't market their way out of a wet paper bag.”
Mark Smith Aug 20, 2021 ▶ 17:31 Oil and Gas ESG SaaS Hits $1.2m ARR in 12 Months, $5m Raise Next?
Disclosure
CleanConnect.ai charges $5,000 to $6,000 per month per site
“An oil and gas site per site will pay about five to 6000 a month.”
Mark Smith Aug 20, 2021 ▶ 3:37 Oil and Gas ESG SaaS Hits $1.2m ARR in 12 Months, $5m Raise Next?
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