Carl Groves, founder of Tenon.io, explains to Nathan Latka what category of software Tenon occupies and who buys their automated accessibility testing tools.
0:00 / 0:13exact quote · 13.8s
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“Well, in our case, because we're the first SaaS platform to do this, we do have a variety of customers from small design agencies to small and midsize companies to even massive companies that are in the enterprise software space.”
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More from Carl Groves
AssertionNot checkable as stated
Groves: Tenon maintained revenue despite sunsetting its $9 monthly micro plan
“When, with the change of the pricing, we didn't actually lose any money.”
Carl GrovesDec 7, 2020▶ 13:26Tenon Hits 2m Revenue In Automated Testing Space
AssertionNot checkable as stated
Groves: Tenon has retained 100% of its enterprise customers since 2015
“And as a matter of fact, every single one of our enterprise customers are still with us. Some of them have been with us since, since 2015.”
Carl GrovesDec 7, 2020▶ 17:15Tenon Hits 2m Revenue In Automated Testing Space
AssertionNot checkable as stated
Groves: Tenon surpassed $2 million in annual revenue in 2020
“No, we're already past two, two million.”
Carl GrovesDec 7, 2020▶ 18:52Tenon Hits 2m Revenue In Automated Testing Space
Disclosure
Groves: Tenon charges $8k for high-volume SaaS and $36k for enterprise
“High volume customers, they're going to pay about 8000 dollars a year for the SaaS plans up to, for enterprise sales. 36,000 dollars a year for the license plus fees for hosting and stuff like that.”
Carl GrovesDec 7, 2020▶ 3:06Tenon Hits 2m Revenue In Automated Testing Space
AssertionNot checkable as stated
Groves: Tenon is 100% bootstrapped and cash-flow positive
“100% bootstrapped. Every single piece of money that, that we make goes right back in and we're a cash positive business.”
Carl GrovesDec 7, 2020▶ 6:28Tenon Hits 2m Revenue In Automated Testing Space
Disclosure
Groves: Software subscriptions drive 50% to 60% of Tenon's revenue
“The SaaS is not as revenue generating as the enterprise sales are, so I would say all in, we're probably about fifty-fifty, maybe a little bit closer to 60 on the on the product side.”
Carl GrovesDec 7, 2020▶ 7:20Tenon Hits 2m Revenue In Automated Testing Space
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