Disclosure certainty 4/5 debate potential 1/5

Welp.co Charges White-Label Partners a Fixed $30 Per User Monthly

Seymour Arasolov · Customer Support SaaS Hits $60k MRR Using On Prem Installations, Raising $1m at $10m Valuation · Oct 5, 2021 · at 6:38

Seymour Arasolov, founder of Welp.co, explains the pricing structure of their white-label reseller program to Nathan Latka.

0:00 / 0:13exact quote · 13.0s
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“So we generally offer like 30 dollars per user per month, and they can sell it on top of that. They can charge 50, they can charge 60 on top of that, but they will have to pay us 30 dollars per user per month, so that's fixed fee.”

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More from Seymour Arasolov

Assertion Contradicted
Arasolov: Welp is the only provider in its space offering on-premise software
“We offer on-premise, and we are the only one in the, in this space offering on-premise.”
Seymour Arasolov Oct 5, 2021 ▶ 2:30 Customer Support SaaS Hits $60k MRR Using On Prem Installations, Raising $1m at $10m Valuation
Prediction Not checkable as stated
Arasolov: Welp.co Expects to Hit $4M Total Revenue by End of 2022
“By the next year, end of next year, we're expecting to reach total revenue in 2020 to four million.”
Seymour Arasolov Oct 5, 2021 ▶ 12:12 Customer Support SaaS Hits $60k MRR Using On Prem Installations, Raising $1m at $10m Valuation
Disclosure
Arasolov: Welp reached $59,000 in MRR for two consecutive months
“So currently, we're, this month, actually, we hit the 59,000 dollar monthly recurring revenue. This is the second month this is repeating”
Seymour Arasolov Oct 5, 2021 ▶ 2:13 Customer Support SaaS Hits $60k MRR Using On Prem Installations, Raising $1m at $10m Valuation
Prediction Not checkable as stated
Arasolov: Welp expects to reach $650,000 in total revenue for the year
“And by our, we expect to close a year at 650 total revenue, 650,000 dollars total revenue.”
Seymour Arasolov Oct 5, 2021 ▶ 2:19 Customer Support SaaS Hits $60k MRR Using On Prem Installations, Raising $1m at $10m Valuation
Disclosure
Arasolov: Welp.co Sales Reps Have Quotas of $15k–$20k Monthly
“They have about 15 to 20 K per month to bring in, each of them.”
Seymour Arasolov Oct 5, 2021 ▶ 12:57 Customer Support SaaS Hits $60k MRR Using On Prem Installations, Raising $1m at $10m Valuation
Assertion Not checkable as stated
Arasolov: Welp.co saw 4% total customer churn over two years
“We have in the last two years, we have four percent churn. Total in total. Only four percent of the customers left, and there was one specific reason.”
Seymour Arasolov Oct 5, 2021 ▶ 13:30 Customer Support SaaS Hits $60k MRR Using On Prem Installations, Raising $1m at $10m Valuation
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