Assertion certainty 4/5 debate potential 1/5

Lauritzen: raffle.ai grew ARR by 305% since October 2020

Suzanne Lauritzen · AI Powered Internal Search Tool Grows 200%, Breaks $1m Run Rate, $15m Valuation in 2020 · Feb 16, 2022 · at 8:24

Suzanne Lauritzen, CEO of raffle.ai, discusses the company's ARR growth relative to headcount since late 2020.

0:00 / 0:07exact quote · 7.2s
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“But still we have grown 305% in revenue or in ARR since then.”

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More from Suzanne Lauritzen

Disclosure
Lauritzen: raffle.ai employee warrants only vest upon 50% company exit
“It works the way that you have you have the option to, or you have warrants that will be released the day that we actually exit, which is the day where we sell more than 50% of the company. So you have to stay to the end, so to speak, or to the day that we exi…”
Suzanne Lauritzen Feb 16, 2022 ▶ 6:02 AI Powered Internal Search Tool Grows 200%, Breaks $1m Run Rate, $15m Valuation in 2020
Disclosure
Lauridsen: Raffle.ai Sold Almost 50% Equity Across Early Rounds
“We have given up almost 50%.”
Suzanne Lauritzen Nov 3, 2020 ▶ 11:33 Raffle.ai Raises $3.4m for Customer Support Automation, 7 Enterprise Customers $35k ACV's
Prediction Not checkable as stated
Lauridsen: Raffle.ai can reach $1.5M ARR by October 2021
“Well I would like to go to around 1.5 million dollars annual occurring. And I think that's possible in October next year.”
Suzanne Lauritzen Nov 3, 2020 ▶ 14:28 Raffle.ai Raises $3.4m for Customer Support Automation, 7 Enterprise Customers $35k ACV's
Assertion Not checkable as stated
Lauritzen: raffle.ai has 50 paying enterprise customers
“We have around 50 total you know, big corporates. We have more customers than that, but paying customers and big corporates like enterprise cost customers are 50.”
Suzanne Lauritzen Feb 16, 2022 ▶ 2:56 AI Powered Internal Search Tool Grows 200%, Breaks $1m Run Rate, $15m Valuation in 2020
Assertion Not checkable as stated
Lauritzen: raffle.ai's average annual contract value is $25,000
“The contract value today is about 25,000 a year. No. Sorry. Dollars. Dollars. 25 dollars. 25,000 dollars.”
Suzanne Lauritzen Feb 16, 2022 ▶ 3:24 AI Powered Internal Search Tool Grows 200%, Breaks $1m Run Rate, $15m Valuation in 2020
Assertion Not checkable as stated
Lauritzen: raffle.ai has crossed a $1M revenue run rate
“Oh yeah. We have passed a million. Yeah.”
Suzanne Lauritzen Feb 16, 2022 ▶ 4:15 AI Powered Internal Search Tool Grows 200%, Breaks $1m Run Rate, $15m Valuation in 2020
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