Disclosure certainty 4/5 debate potential 1/5

CaliberMind Raised a $1.1 Million Seed Round in 2016

Raviv Turner · EP 585: CaliberMinds Raises $1.1M Helping 12 Customers Close B2B Leads Using More Intelligence with CEO Raviv Turner · Mar 1, 2017 · at 7:41

Raviv Turner, CEO of CaliberMind, outlines the company's funding history from bootstrapping through their seed financing.

0:00 / 0:26exact quote · 26.9s
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“We bootstrapped the first year. We graduated from the boomton accelerator here in Boulder last year. And once we started to find a product market fit and get some initial traction from customers, this is when we went and raised our 1.1 million seed round led by CB and Meritage funds. So we post revenue and we raised our seed round. We closed on a 1.1 million back in October last year”

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More from Raviv Turner

Assertion Not checkable as stated
CaliberMind's Average Customer Pays $3,000 Per Month
“We are at 3000 dollar per month.”
Raviv Turner Mar 1, 2017 ▶ 4:05 EP 585: CaliberMinds Raises $1.1M Helping 12 Customers Close B2B Leads Using More Intelligence with CEO Raviv Turner
Assertion Not checkable as stated
CaliberMind Was Founded Using Adapted Israeli Military Intelligence Algorithms
“So we launched back in 2015 and my co-founder, Oren Zamir, our CTO, and I go, ah, many years back to the Israeli army, actually. We both have our career background in the Israeli intelligence, and some of the algorithms being in use, ah, with Caliber actually,…”
Raviv Turner Mar 1, 2017 ▶ 4:15 EP 585: CaliberMinds Raises $1.1M Helping 12 Customers Close B2B Leads Using More Intelligence with CEO Raviv Turner
Disclosure
CaliberMind Hits $36,000 in Monthly Recurring Revenue
“That's on the MRR, yes. We also have bundled packages of services where we actually go in and optimize marketing automation. So for software revenue, yes, you're right.”
Raviv Turner Mar 1, 2017 ▶ 6:51 EP 585: CaliberMinds Raises $1.1M Helping 12 Customers Close B2B Leads Using More Intelligence with CEO Raviv Turner
Assertion Not checkable as stated
CaliberMind Reports Zero Customer Churn Since Launch
“No churn yet. I guess it's too early. There'll probably be some churn like every other SaaS company. So at the most, you know, we had customers just waiting for us to catch on the roadmap and some requested features that we need to catch up on, but no no churn…”
Raviv Turner Mar 1, 2017 ▶ 8:20 EP 585: CaliberMinds Raises $1.1M Helping 12 Customers Close B2B Leads Using More Intelligence with CEO Raviv Turner
Disclosure
CaliberMind Reached 12 Active Customers Six Months After Beta Launch
“We launched the beta six months ago, so we have our first 12 customers on the platform.”
Raviv Turner Mar 1, 2017 ▶ 6:26 EP 585: CaliberMinds Raises $1.1M Helping 12 Customers Close B2B Leads Using More Intelligence with CEO Raviv Turner
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