Assertion certainty 4/5 debate potential 1/5

Agarwal: AppKnox has a customer paying upwards of $250,000 per year

Harshit Agarwal · Mobile Security SaaS Hits $1.7m ARR, Huge Profits, Growing 100% YoY · Apr 11, 2022 · at 3:13

Harshit Agarwal, co-founder and CEO of AppKnox, discusses top-tier enterprise contract values with Nathan Latka.

0:00 / 0:03exact quote · 3.4s
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“We have a customer who's paying us offers of two 50,000 dollars a year.”

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 →

More from Harshit Agarwal

Disclosure
Agarwal: Unilever uses AppKnox to secure over 600 global mobile apps
“It's an FMCG, world's biggest FMCG brand. What is that? Unilever. I can name it. So they have offers of 600 mobile apps that, that is spread across the globe and they have applications focused on region specific and different places.”
Harshit Agarwal Apr 11, 2022 ▶ 3:31 Mobile Security SaaS Hits $1.7m ARR, Huge Profits, Growing 100% YoY
Assertion Not checkable as stated
Agarwal: Roughly 50% of AppKnox sales reps hit quota
“So I think roughly around 50% of the reps are able to hit their quotas.”
Harshit Agarwal Apr 11, 2022 ▶ 14:46 Mobile Security SaaS Hits $1.7m ARR, Huge Profits, Growing 100% YoY
Disclosure
Agarwal: AppKnox annual enterprise pricing averages roughly $20,000 per customer
“So yeah, per, per customer it's roughly around 20,000 dollars. But when I said. 10 to a hundred, I mean, number of apps. So there are enterprises who have got upwards of a hundred apps. I'm talking about fortune, find it companies who have got multiple brands,…”
Harshit Agarwal Apr 11, 2022 ▶ 2:25 Mobile Security SaaS Hits $1.7m ARR, Huge Profits, Growing 100% YoY
Disclosure
Agarwal: AppKnox raised $750K in 2014 and no external capital since
“We had raised seven, 50,000 dollars a pre-seed round from Singapore based venture capital. And that's the only round we have raised. Post that, I think we have been revenue positive. We have been growing on revenue.”
Harshit Agarwal Apr 11, 2022 ▶ 4:28 Mobile Security SaaS Hits $1.7m ARR, Huge Profits, Growing 100% YoY
Disclosure
Agarwal: AppKnox ran out of funds and almost shut down in 2018
“Thing happened after 2018, when we hit a roadblock where we didn't have funds, we are about to shut down and we had to go back to a drawing board and go, go and go and understand everything again.”
Harshit Agarwal Apr 11, 2022 ▶ 5:39 Mobile Security SaaS Hits $1.7m ARR, Huge Profits, Growing 100% YoY
Disclosure
Agarwal: AppKnox hit a 2018 low of $30K with 22 staff
“We only had a one month runaway. That was roughly around 30,000 dollars in our bank account. And we had a team of roughly around 22 members”
Harshit Agarwal Apr 11, 2022 ▶ 6:08 Mobile Security SaaS Hits $1.7m ARR, Huge Profits, Growing 100% YoY
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