Disclosure certainty 4/5 debate potential 1/5

UtilizeCore sets a $750K new ARR quota for sales reps

Ryan Gottfried · Niche $2m Contractor Management SaaS Raising $7m on $30m Pre · Feb 27, 2021 · at 12:54

Ryan Gottfried, CEO of UtilizeCore, shares his sales quota expectations with Nathan Latka.

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“Roughly 750,000.”

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More from Ryan Gottfried

Prediction Not checkable as stated
UtilizeCore expects to process $1B in transaction volume over 12 months
“We're estimating close to a billion dollars of you know, processing through the platform in the next, you know 12 months or so.”
Ryan Gottfried Feb 27, 2021 ▶ 7:46 Niche $2m Contractor Management SaaS Raising $7m on $30m Pre
Assertion Not checkable as stated
Gottfried: Brightview processed $250M through UtilizeCore
“Brightview processed two hundred and fifty million through our platform.”
Ryan Gottfried Feb 27, 2021 ▶ 7:09 Niche $2m Contractor Management SaaS Raising $7m on $30m Pre
Assertion Not checkable as stated
Gottfried: UtilizeCore has over 20 paying service management clients
“Over 20 companies today.”
Ryan Gottfried Feb 27, 2021 ▶ 4:16 Niche $2m Contractor Management SaaS Raising $7m on $30m Pre
Disclosure
UtilizeCore charges a $33K annual fee plus 0.5% per transaction
“We, it's 33,000 dollars for the subscription for the year. We, it's a one-time fee, and then we charge per transaction. We take a half a percent per transaction that goes through the platform.”
Ryan Gottfried Feb 27, 2021 ▶ 4:22 Niche $2m Contractor Management SaaS Raising $7m on $30m Pre
Assertion Not checkable as stated
Gottfried: UtilizeCore grew transaction revenue from $150K in 2017 to $1.6M in 2020
“So, 2020, one, six 2019 was seven, around 700,000. 2018 was, you know, roughly 300,000, and then 2017 was around a 150,000.”
Ryan Gottfried Feb 27, 2021 ▶ 6:24 Niche $2m Contractor Management SaaS Raising $7m on $30m Pre
Disclosure
Gottfried: UtilizeCore has been entirely bootstrapped
“Absolutely. All bootstrapped.”
Ryan Gottfried Feb 27, 2021 ▶ 8:13 Niche $2m Contractor Management SaaS Raising $7m on $30m Pre
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