Facelift's largest client deploys platform to 30,000 insurance agents
Teo Töpper · 1 Customer Pays $600k/yr, How Social Marketing Company Facelift Broke $25m ARR · Mar 13, 2021 · at 16:52
Facelift co-founder Teo Töpper explains why their top account pays $600k per year.
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“That's a client. It's from the insurance business. They have a lot of agents in the field and everyone for them is using our product in terms of getting the social strategy right on the ground. And they have about. 30,000 users running live on the system.”
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More from Teo Töpper
Facelift co-founders sold company to strategic investor DuMont via equity swap
“And then in 2017, we sold, we started selling the company to a strategic investor. Where we now have a share on the holding structure. So we swapped basically.”
Teo Töpper admits Facelift sold too early and missed VC growth
“And I mean, if I look back, I think we sold too early.
Yeah.
Or we could have raised more to a fairly good valuation at that time.
And back then in 2017.
And I think we have grown much, we could have grown faster with more VC money inside.”
Facelift raised $15M roughly three and a half years post-launch
“No, we have raised after, after three years, three and a half years, we have raised fifteen million.”