Disclosure certainty 4/5 debate potential 2/5

Bhattacharya: 70% of Involve.ai's coding is generated by AI

Gaurav "G" Bhattacharya · Team of 12 Hits $2.5m in ARR, $64m Valuation for Customer Success Tool. Can they beat Gainsight? · Aug 25, 2023 · at 16:03

Gaurav Bhattacharya, CEO of customer intelligence platform Involve.ai, explains his company's internal engineering workflow.

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“70% of our coding is now done with AI.”

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More from Gaurav "G" Bhattacharya

Prediction Didn’t hold up
Bhattacharya: Involve.ai can reach $20M ARR without raising more capital
“We don't think we would need to raise another round, at least in the near future to keep growing. And we feel we can get to ten million, even twenty million in ARR very quickly without even raising extra capital.”
Gaurav "G" Bhattacharya Aug 25, 2023 ▶ 17:01 Team of 12 Hits $2.5m in ARR, $64m Valuation for Customer Success Tool. Can they beat Gainsight?
Assertion Not checkable as stated
Involve.ai was two weeks from insolvency with $16k in 2021
“Nathan was, you know, I had two weeks of running left. I had like, 16,000 dollars in the bank. I had nine people in the company.”
Gaurav "G" Bhattacharya Aug 25, 2023 ▶ 3:25 Team of 12 Hits $2.5m in ARR, $64m Valuation for Customer Success Tool. Can they beat Gainsight?
Assertion Not checkable as stated
Verizon paid Involve.ai $1.45M in 2021, saving it from bankruptcy
“They actually decided to pay us 1.45 million dollars because that was in their budget of what they were spending or looking for a platform that year in 20, 21, which gave us enough runway to survive.”
Gaurav "G" Bhattacharya Aug 25, 2023 ▶ 4:31 Team of 12 Hits $2.5m in ARR, $64m Valuation for Customer Success Tool. Can they beat Gainsight?
Assertion Not checkable as stated
Bhattacharya: Involve.ai competes with ChurnZero and Gainsight
“We would compete. You could say we compete with turn zero, like insight would be another one, right? The others as well.”
Gaurav "G" Bhattacharya Aug 25, 2023 ▶ 7:39 Team of 12 Hits $2.5m in ARR, $64m Valuation for Customer Success Tool. Can they beat Gainsight?
Insight
Bhattacharya: Early startups raising at $100M+ valuations struggle to justify them
“There's a lot of, you know, CEOs that I listened to that raised that really high valuations, a 102 103 104 105 hundred million in early, early days. And it's really hard now, right, with the markets where they are. It's really hard to live up to those valuatio…”
Gaurav "G" Bhattacharya Aug 25, 2023 ▶ 14:17 Team of 12 Hits $2.5m in ARR, $64m Valuation for Customer Success Tool. Can they beat Gainsight?
Assertion Not checkable as stated
Bhattacharya: Involve.ai scaled from $0 to $1.5M ARR in 2022
“We went from zero to 1.5 million in ARR from 20, from when we started in 20, 22 to where we ended 20, 22 at.”
Gaurav "G" Bhattacharya Aug 25, 2023 ▶ 6:03 Team of 12 Hits $2.5m in ARR, $64m Valuation for Customer Success Tool. Can they beat Gainsight?
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