Suzanne Lauritzen, CEO of enterprise AI search platform raffle.ai, discusses how operational improvements accelerated customer growth.
0:00 / 0:13exact quote · 13.2s
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“We can now implement the customer within two days which we were maybe two months doing, you know, just one and a half years ago, it would, Take us two months to actually implement the customer.”
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More from Suzanne Lauritzen
Disclosure
Lauritzen: raffle.ai employee warrants only vest upon 50% company exit
“It works the way that you have you have the option to, or you have warrants that will be released the day that we actually exit, which is the day where we sell more than 50% of the company. So you have to stay to the end, so to speak, or to the day that we exi…”
Suzanne LauritzenFeb 16, 2022▶ 6:02AI Powered Internal Search Tool Grows 200%, Breaks $1m Run Rate, $15m Valuation in 2020
Disclosure
Lauridsen: Raffle.ai Sold Almost 50% Equity Across Early Rounds
“We have given up almost 50%.”
Suzanne LauritzenNov 3, 2020▶ 11:33Raffle.ai Raises $3.4m for Customer Support Automation, 7 Enterprise Customers $35k ACV's
PredictionNot checkable as stated
Lauridsen: Raffle.ai can reach $1.5M ARR by October 2021
“Well I would like to go to around 1.5 million dollars annual occurring. And I think that's possible in October next year.”
Suzanne LauritzenNov 3, 2020▶ 14:28Raffle.ai Raises $3.4m for Customer Support Automation, 7 Enterprise Customers $35k ACV's
AssertionNot checkable as stated
Lauritzen: raffle.ai has 50 paying enterprise customers
“We have around 50 total you know, big corporates. We have more customers than that, but paying customers and big corporates like enterprise cost customers are 50.”
Suzanne LauritzenFeb 16, 2022▶ 2:56AI Powered Internal Search Tool Grows 200%, Breaks $1m Run Rate, $15m Valuation in 2020
AssertionNot checkable as stated
Lauritzen: raffle.ai's average annual contract value is $25,000
“The contract value today is about 25,000 a year. No. Sorry. Dollars. Dollars. 25 dollars. 25,000 dollars.”
Suzanne LauritzenFeb 16, 2022▶ 3:24AI Powered Internal Search Tool Grows 200%, Breaks $1m Run Rate, $15m Valuation in 2020
AssertionNot checkable as stated
Lauritzen: raffle.ai has crossed a $1M revenue run rate
“Oh yeah. We have passed a million. Yeah.”
Suzanne LauritzenFeb 16, 2022▶ 4:15AI Powered Internal Search Tool Grows 200%, Breaks $1m Run Rate, $15m Valuation in 2020
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