Assertion Contradicted AI assessment confidence: 95% certainty 4/5 debate potential 1/5

15Five reached near $10 million ARR without raising a formal Series A

David Hassel · 1406 How Continuous Improvement Platform 15Five Hit $10m ARR using Land and Expand · May 31, 2019 · at 18:12

David Hassel, co-founder and CEO of 15Five, discusses his company's fundraising history as they scale toward $10 million in ARR.

0:00 / 0:01exact quote · 1.7s

720p mp4 · rendered on demand · StarZero watermark

“We've never done a formal series A.”

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 →

The claim, plainly

As of May 2019, 15Five had never completed a formal Series A funding round.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

Assessment

Contrary to the claim made in May 2019, 15Five had already completed a formal Series A funding round months earlier. Venture capital transaction records and public announcements confirm that 15Five executed an $8.2 million Series A round on September 28, 2018, which was formally announced on December 4, 2018, led by Origin Ventures with participation from Matrix Partners, New Ground Ventures, Chaifetz Group, and LAUNCH Fund.

On December 4, 2018, 15Five publicly announced the closing of an $8.2 million Series A funding round led by Origin Ventures.
Venture databases including PitchBook, Tracxn, and Wellfound record the $8.2 million Series A round as completed between September and December 2018, well prior to May 2019.

Checked against

[1] wellfound.com [2] vcnewsdaily.com [3] tracxn.com [4] tracxn.com [5] 15five.com [6] prweb.com [7] pulse2.com [8] originventures.com

15Five SEC Form D funding rounds 15Five Series A funding round date Crunchbase PitchBook TechCrunch 15Five raises Series A 15Five funding history Series A Series B

assessed as of 2026-09-02

This assessment is an AI reading of a public statement, made against the cited references with the confidence shown. It can be wrong. The quote, the tape and the references are all on this page; if something is off, use report an error below. full disclaimer →

Mentioned

15Five Series A

⚑ Spot an error? Report it

More from David Hassel

Assertion Supported

15Five charges $7 to $14 per seat monthly on average

“Anywhere between seven and 14 bucks a month.”

David Hassel May 31, 2019 ▶ 5:11 1406 How Continuous Improvement Platform 15Five Hit $10m ARR using Land and Expand

Assertion Not checkable as stated

15Five has over 1,500 active customers

“We've got a little over 1500 customers.”

David Hassel May 31, 2019 ▶ 6:16 1406 How Continuous Improvement Platform 15Five Hit $10m ARR using Land and Expand

Assertion Not checkable as stated

15Five funds its ongoing hiring spree entirely from revenue

“Currently it's all funded by revenue.”

David Hassel May 31, 2019 ▶ 6:36 1406 How Continuous Improvement Platform 15Five Hit $10m ARR using Land and Expand

Assertion Contradicted

15Five has raised only $3.7 million in total capital to date

“Relative to our competition, we've raised a very small amount of capital, raised about 3.7 million to date.”

David Hassel May 31, 2019 ▶ 6:44 1406 How Continuous Improvement Platform 15Five Hit $10m ARR using Land and Expand

Assertion Supported

15Five's direct competitors have raised between $40 million and $100 million

“We have, you know, some of our, you know, kind of head tech competitors have raised between 40 and a hundred million dollars.”

David Hassel May 31, 2019 ▶ 6:51 1406 How Continuous Improvement Platform 15Five Hit $10m ARR using Land and Expand

Assertion Not checkable as stated

15Five is currently nearing $10 million in annual recurring revenue

“W I would say near eight figures at the moment.”

David Hassel May 31, 2019 ▶ 7:31 1406 How Continuous Improvement Platform 15Five Hit $10m ARR using Land and Expand

15Five reached near $10 million ARR without raising a formal Series A

More from David Hassel

Turn any episode into a week of clips.