Legasys SaaS business has 12 clients averaging 20 seats each
Jaideep Kewalramani · 1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round · Mar 1, 2020 · at 4:01
Legasys CEO Jaideep Kewalramani discloses client and seat metrics for the company's SaaS business to Nathan Latka.
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“We've got about a dozen clients, and on an average, each client would have a user base of say 20 users, depending on the Size and the nature of the business that they have.”
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More from Jaideep Kewalramani
Legasys beats Big Four accounting firms in most head-to-head deals
“There are times when we win against the big fours as well. In fact not a few times, most of the times we win against the big four.”
Legasys revenue will shift from 85 percent one-time toward SaaS
“So in the last two months, I would say the breakup is roughly between 85% one time and 15% SaaS, but the number is going to shift towards the SaaS model in the coming years.”
Legasys generates $5M to $6M in total annual recurring revenue
“We are somewhere between five to six million dollars all put together each year.”
Legasys serves about 500 customers in India and clients in 44 countries
“All put together. We have about 500 customers in in India, which is the primary market we serve today. And we are, we also serve customers in 44 other countries, but they have strong links back to India as their primary market.”