Teckst targets at least $10 million in its next funding round
Matt Tumbleson · EP 424: SaaS Teckst Passes 65 Enterprise Customers, $2.5M Raised with CEO Matt Tumbleson · Sep 21, 2016 · at 12:48
Matt Tumbleson, CEO of Teckst, discusses their Series A fundraising targets with Nathan Latka after raising a $2.5 million seed round.
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“It would be a lot more, at least four times what we've raised so far if not more. So 10, 10 plus.”
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More from Matt Tumbleson
New Teckst salespeople land two to three enterprise clients monthly
“Every time we had a salesperson, we're basically able to bring in, you know, two or three Large enterprises every month, which is kind of unheard of in, in this space.”
Teckst's fully loaded customer acquisition cost is near $2,500
“It's probably closer to, ah, I'd say it's probably closer to 2500.”
Teckst aims to achieve $2 million in 2016 sales on current runway
“I mean, for me, it would be two million in sales. That would be the number that we want to hit. And that's totally achievable. That's within our runway. That's, you know, that's, it's completely achievable.”
Teckst serves 65 enterprise clients on its SMS platform
“Total count is 65 enterprises. So we're specifically for large businesses, and we've got 65 clients right now.”