Disclosure certainty 4/5 debate potential 1/5

Golee targets 10k clubs and 50k euros MRR before H2 Series A

Tommaso Guerra · Software For Soccer Leagues Raises at $7m Valuation, Hits $35k in Monthly Revenue · Feb 8, 2022 · at 11:52

Tommaso Guerra, CEO of Golee, outlines the traction milestones the company plans to hit before raising a Series A funding round in late 2022.

0:00 / 1:02exact quote · 62.4s
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“This is why we're looking to do these series a in the second semester of 2022. We want to reach this moment with three metrics, very consolidated, which are clubs acquisitions. So right now we're working with more or less 3000 sports clubs and we want To reach at least 10,000 sports clubs. And in the pace that we're growing right now, it is it is doable, completely doable. Second of all we want to demonstrate the fact that we can scale internationally. So right now we're having the first clients outside of Italy, but we want to do our series A when we have over a thousand clients throughout Europe. And obviously increasing our revenue. So what we're looking to do is when, is to reach 50,000 euros per month, monthly recurring revenue.”

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More from Tommaso Guerra

Opinion
Guerra says Italian VC investor mentality is lagging and 'a mess'
“Italy is one of the latest country. I mean, it is very behind the mentality and the openness of investors and Lucy to give you money is it's a mess.”
Tommaso Guerra Feb 8, 2022 ▶ 9:23 Software For Soccer Leagues Raises at $7m Valuation, Hits $35k in Monthly Revenue
Assertion Not checkable as stated
Golee's paying sports clubs pay an average of 500 euros annually
“On average, they pay 500 euros per year.”
Tommaso Guerra Feb 8, 2022 ▶ 2:23 Software For Soccer Leagues Raises at $7m Valuation, Hits $35k in Monthly Revenue
Assertion Not checkable as stated
About 20% of Golee's total users are paying clients
“More or less right now, we have 20% of our clients who are paying clients.”
Tommaso Guerra Feb 8, 2022 ▶ 2:42 Software For Soccer Leagues Raises at $7m Valuation, Hits $35k in Monthly Revenue
Assertion Not checkable as stated
Golee has approximately 3,000 total clubs on its platform
“Right now, more or less 3000.”
Tommaso Guerra Feb 8, 2022 ▶ 3:38 Software For Soccer Leagues Raises at $7m Valuation, Hits $35k in Monthly Revenue
Disclosure
Golee closed 2021 with approximately 150,000 euros in total revenue
“Right now we're, we close this year with more or less 150,000 euros.”
Tommaso Guerra Feb 8, 2022 ▶ 6:12 Software For Soccer Leagues Raises at $7m Valuation, Hits $35k in Monthly Revenue
Disclosure
Golee's MRR grew from under 7,000 euros during COVID to 30,000 euros
“During COVID, our monthly recurring revenue was about three and 7000, between three and 7000 euros per month. And right now it's growing every month reaching now 30,000 euros.”
Tommaso Guerra Feb 8, 2022 ▶ 6:23 Software For Soccer Leagues Raises at $7m Valuation, Hits $35k in Monthly Revenue
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