Thibaut Clément, co-founder and CEO of Loomly, details the SaaS company's revenue growth trajectory from 2019 through 2020.
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“We are between four and five, and last year, you know, I mean, we are already in twenty-twenty-one. So I would say end of twenty-nineteen, we were at around two million dollar in AR. So we grew a hundred percent in twenty-twenty.”
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More from Thibaut Clément
Insight
Clément: Founders should enter crowded spaces because competition proves market demand
“I'm actually on the team that says if it's crowded space, you should go because it means, you know, there is a, there is demand.”
Thibaut ClémentFeb 6, 2021▶ 16:10How Loomly Hit 7k Customers, $4.2m SaaS Revenue Starting With An Agency
Disclosure
Husband-and-wife co-founders maintain an exact 50/50 equity split
“Well, we are exactly on part. Fifty-fifty.”
Thibaut ClémentFeb 6, 2021▶ 2:22How Loomly Hit 7k Customers, $4.2m SaaS Revenue Starting With An Agency
AssertionNot checkable as stated
Loomly operates profitably while maintaining 100% year-over-year growth
“We're good on both fronts. We are good on growth. We are good on, on profits. So we have found like the right balance for us. The board is on board.”
Thibaut ClémentFeb 6, 2021▶ 14:48How Loomly Hit 7k Customers, $4.2m SaaS Revenue Starting With An Agency
PredictionNot checkable as stated
Clément: Loomly conservatively forecasts 100% annual growth and could exceed it
“You know, the hundred percent growth rate is, is our conservative you know, forecast. We feel like we can do better than data as we keep improving the product and then the KPI can also improve.”
Thibaut ClémentFeb 6, 2021▶ 15:28How Loomly Hit 7k Customers, $4.2m SaaS Revenue Starting With An Agency
Disclosure
Clément: Loomly's four-person board maintains uneven voting power
“It's not because there are, there's an even number that people that we have an even number of voices or votes.”
Thibaut ClémentFeb 6, 2021▶ 2:56How Loomly Hit 7k Customers, $4.2m SaaS Revenue Starting With An Agency
AssertionNot checkable as stated
Clément: Loomly customers pay an average of $50 per month
“50 bucks on average.”
Thibaut ClémentFeb 6, 2021▶ 4:18How Loomly Hit 7k Customers, $4.2m SaaS Revenue Starting With An Agency
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