Jonas Danzeisen is the co-founder of Venios, a grid operating system software provider. He is explaining the company's typical annual contract values for utility operators.
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“Depending on the size, it's between 50 to 300. Nathan Latka: 300,000 dollars per year. Jonas Danzeisen: Yeah. Nathan Latka: Okay. Nathan Latka: Okay. Jonas Danzeisen: Got it. Jonas Danzeisen: 50 to 300,000.”
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More from Jonas Danzeisen
AssertionNot checkable as stated
Danzeisen: Venios maintains zero customer churn rate
“That's so we do have so we don't have a churn rate. Churn rate is zero.”
Jonas DanzeisenMar 20, 2023▶ 7:39SaaS For Power Grids Hits $5m ARR Charging $5 Per Utility Meter
AssertionNot checkable as stated
Danzeisen: Venios completes utility implementations in under 10 days
“Normally we could do an implementation of a customer up to 10,000 substations was is roughly a million counting points within less than less than 10 days, including all the infrastructure.”
Jonas DanzeisenMar 20, 2023▶ 14:36SaaS For Power Grids Hits $5m ARR Charging $5 Per Utility Meter
Disclosure
Danzeisen: Venios charges $150k-$200k implementation on $50k SaaS contracts
“If 50,000 is SAS fee, then you have an implementation project of roughly a 150 to 200.”
Jonas DanzeisenMar 20, 2023▶ 7:13SaaS For Power Grids Hits $5m ARR Charging $5 Per Utility Meter
AssertionNot checkable as stated
Danzeisen: Roughly 100 power grid operators use Venios
“Roughly a hundred.”
Jonas DanzeisenMar 20, 2023▶ 10:11SaaS For Power Grids Hits $5m ARR Charging $5 Per Utility Meter
AssertionPartly supported
Danzeisen: Venios contracts two of three distribution system operators in Delhi
“We have two of three DSOs in Delhi and in India, and one DSO one sheet of Delhi is roughly Like, 80%, 90% of Scandinavia.”
Jonas DanzeisenMar 20, 2023▶ 10:24SaaS For Power Grids Hits $5m ARR Charging $5 Per Utility Meter
AssertionNot checkable as stated
Danzeisen: Venios has raised less than $1 million in total capital
“So all in, there was investment of less than one million into the company.”
Jonas DanzeisenMar 20, 2023▶ 12:07SaaS For Power Grids Hits $5m ARR Charging $5 Per Utility Meter
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