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Revutsky: Soothe achieved 11 months of 20-30% MoM growth to Series B

George Revutsky · EP 453: $2M Agency Helps Brands Raise Capital, IPO, Sell, with ROIworks CEO George Revutsky · Oct 20, 2016 · at 14:25

George Revutsky shares growth metrics from his time as contract CMO leading growth at Soothe.

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“We were able to put together 11 straight months of double digit growth. Mostly it was in the 20 to 30% month over month revenue growth range. And you know, that directly led to our series B which was thirty five million dollars.”

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The claim, plainly

Soothe achieved 11 consecutive months of double-digit revenue growth (mostly 20% to 30% month-over-month) leading into its $35 million Series B round.

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Mentioned

Soothe

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More from George Revutsky

Assertion Not checkable as stated

Soothe overtook competitor Zeel in 2015 by growing three times faster

“In August of 2015, We were a little bit behind in revenue with zeal, our biggest competitor at the time. But we know that we literally lapped them. We grew at three times their rate.”

George Revutsky Oct 20, 2016 ▶ 14:52 EP 453: $2M Agency Helps Brands Raise Capital, IPO, Sell, with ROIworks CEO George Revutsky

Insight

Revutsky: Healthy agencies should target 25% profit after owner compensation

“Basically any healthy agency or any service or consulting business should try to generate 25% you know, profit after paying everybody including the owner.”

George Revutsky Oct 20, 2016 ▶ 6:53 EP 453: $2M Agency Helps Brands Raise Capital, IPO, Sell, with ROIworks CEO George Revutsky

Disclosure

ROIworks generates $2M annually in retainers with 10 to 12 employees

“So we're, you know, we're doing roughly around two million a year. You know, if we're talking about just retainers and we haven't really tried to grow past, you know, 10 to 12 people, we've kind of kept it small and profitable.”

George Revutsky Oct 20, 2016 ▶ 5:02 EP 453: $2M Agency Helps Brands Raise Capital, IPO, Sell, with ROIworks CEO George Revutsky

Revutsky: Soothe achieved 11 months of 20-30% MoM growth to Series B

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