Allan Martinson, CEO of Xolo, shares the company's monthly recurring revenue with host Nathan Latka.
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“We have about 400,000 euros in MRR right now.”
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More from Allan Martinson
AssertionSupported
Martinson: Senior Estonian tech engineers earn roughly $70,000 to $80,000 annually
“I would say it's a four to 5000 euros per month, which translates into like 70 to 80,000 dollars.”
Allan MartinsonJan 17, 2022▶ 11:516k Freelancers Use Xolo To Run Their Business, $5.5m Revenue, Raising $20m Now
Insight
Martinson: Freelancer ARPU cannot scale endlessly through upselling
“Our ARPU has been pretty stable, and so it's not too much upsell, because our customers are really small businesses, or maybe even like part-time freelancers. You can't increase ARPU like endlessly with those guys, which means that then almost all of our marke…”
Allan MartinsonJan 17, 2022▶ 13:506k Freelancers Use Xolo To Run Their Business, $5.5m Revenue, Raising $20m Now
Opinion
Martinson: A $100M valuation ballpark for Xolo's Series B is reasonable
“But yes, I believe you are speaking about the right ballpark. But again, I've seen sometimes it's dangerous to come up with numbers and sometimes you hit too low, sometimes you hit too high.”
Allan MartinsonJan 17, 2022▶ 17:056k Freelancers Use Xolo To Run Their Business, $5.5m Revenue, Raising $20m Now
AssertionNot checkable as stated
Martinson: Xolo average subscription price is €70 to €80 per month
“The majority of our revenues coming from subscription payments. So it was, it is anything between 29 to a 199, depending on the package, depending on the country and the level of the service. So in average is about 70 euros, 80 euros, and like closer to a hund…”
Allan MartinsonJan 17, 2022▶ 3:076k Freelancers Use Xolo To Run Their Business, $5.5m Revenue, Raising $20m Now
“If you take that particular product and where we only charge our transactional fee, it's close to two million euros processed.”
Allan MartinsonJan 17, 2022▶ 4:266k Freelancers Use Xolo To Run Their Business, $5.5m Revenue, Raising $20m Now
AssertionNot checkable as stated
Martinson: Xolo paying customers generate €20M to €25M per month
“The total amount of the revenue of our customers, our paying customers, it's about 20, twenty-five million per month.”
Allan MartinsonJan 17, 2022▶ 4:436k Freelancers Use Xolo To Run Their Business, $5.5m Revenue, Raising $20m Now
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