Disclosure certainty 4/5 debate potential 1/5

Riedel: Styla has raised around $4.5M to date

Franz Riedel · 1733 They're Raising $5m Right Now on $3.6m in ARR · Apr 22, 2020 · at 13:56

Franz Riedel, co-founder of Styla, discusses the company's total cumulative venture capital funding with host Nathan Latka.

0:00 / 0:02exact quote · 2.8s
720p mp4 · rendered on demand · StarZero watermark
“Around four and a half million dollars.”

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 Franz Riedel

Disclosure
Styla Generates 97% of Revenue From Pure SaaS Subscriptions
“Well, we have a very, very small portion of professional services, but it's 90 seven percent SaaS technologies. That's revenue.”
Franz Riedel Apr 22, 2020 ▶ 2:15 1733 They're Raising $5m Right Now on $3.6m in ARR
Disclosure
Styla Customers Pay an Average of $3,000 Per Month
“Let's say at 3000. So it ranges from around a thousand to now with our latest product line that we launched up to 25,000 a month. So that's a pretty huge range. Yeah. But on average, 3000.”
Franz Riedel Apr 22, 2020 ▶ 3:36 1733 They're Raising $5m Right Now on $3.6m in ARR
Assertion Not checkable as stated
Riedel: Styla grew revenue from $2M to roughly $3.5M ARR
“Around two million. So we, Grew over the last month from around two million to 3.5 roughly now and a bit of a slow start into the last year, but we're pretty happy with where we are now.”
Franz Riedel Apr 22, 2020 ▶ 6:48 1733 They're Raising $5m Right Now on $3.6m in ARR
Disclosure
Styla Spends $15K-$20K Per Trade Show, Closing At Least One Deal
“It's probably 15 15,000 to 20,000 a month 20,000 per trade show, and well, we usually get at least one deal out of a trade show”
Franz Riedel Apr 22, 2020 ▶ 8:51 1733 They're Raising $5m Right Now on $3.6m in ARR
Disclosure
Styla's Customer Acquisition Cost is Roughly $25,000
“And the customer acquisition cost, well, it's a bit higher because we have some other channels. It's around 25,000.”
Franz Riedel Apr 22, 2020 ▶ 10:37 1733 They're Raising $5m Right Now on $3.6m in ARR
Disclosure
Riedel: Styla had roughly 2.5% monthly net negative churn
“Last last six months it was probably 2.5 negative per month.”
Franz Riedel Apr 22, 2020 ▶ 11:29 1733 They're Raising $5m Right Now on $3.6m in ARR
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.