Boufaden: Keatext Serves Around 30 Enterprise Customers
Narjès Boufaden · 1702 She's About to Pass $1m in ARR in AI Text Analytics Feedback · Mar 22, 2020 · at 4:04
Narjès Boufaden is the founder and CEO of Keatext, an AI-powered text analytics platform.
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“Yeah, so now we are around 30 customers. Some of them, well, most of them are big businesses.”
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More from Narjès Boufaden
Boufaden: Keatext Reports Zero Churn on Annual Contracts
“Oh, so far we actually renewed all our customers, which is really great so far.
we do have a lot of new customers, all our agreement are on a yearly basis.
So.
for those who came in a couple of years ago, like two years ago, they're still with us.”
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“Being breakeven when you have, I would say, a standard business and versus a business that, that use the, use, well, sell a product that is using basically AI is a completely different as the R&D is far more substantial when it comes to AI.”
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“The cost of acquisition of the customer base of that partner is really, you need to take into account the costs That you had to pay to acquire that partner. And then the costs that you put on top of that when you were helping the sales team convert the custome…”
Boufaden: Keatext Gives Channel Partners a 50% Revenue Share
“No, so when they sign a deal, it's 50% of that deal.”