Assertion certainty 5/5 debate potential 1/5

ClearMetal has closed seven-figure TCV customer contracts

Adam Compain · 1294 Predictive Supply Chain Company Closes 7 Figure Deals, $12m Raised · Feb 8, 2019 · at 15:10

ClearMetal CEO Adam Compain discusses the company's enterprise contract sizes with Nathan Latka.

0:00 / 0:04exact quote · 4.0s

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“We do have total total contract value that is in the seven figures. Yes.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

The claim, plainly

ClearMetal has closed enterprise customer contracts with total contract value (TCV) in the seven figures.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

How this resolves

Requires non-public enterprise customer contracts or internal booking records from ClearMetal confirming at least one contract closed prior to February 2019 had a total contract value (TCV) of $1,000,000 or greater.

not yet assessed: in the resolution queue (grounded fact checks run in waves; this one's next)

Mentioned

Adam Compain ClearMetal

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Insight

Compain: SaaS Series B rounds typically require $5M-$12M ARR

“I mean, I'd say companies are on Silicon Valley and SAS. We're seeing anywhere between You know, five to twelve million of ARR annual recurring revenues per year is typically that striking point of a series B, which would be, you know, 20 to forty million of a…”

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Assertion Not checkable as stated

Compain: ClearMetal is growing roughly 4x year-over-year

“We're, I mean, we're looking at probably four X year over year.”

Adam Compain Jul 31, 2020 ▶ 19:22 Big brands, manufacturers with raw material (oil plastic) where going factory to warehouse.

Assertion Not checkable as stated

Compain: ClearMetal has had zero customer churn to date

“We have not to date had a customer churn after subscribing to our software.”

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Disclosure

Compain: ClearMetal contracts range from mid six figures to low seven figures

“Typically we're looking at, I'd say low to often mid six figures and then you know, low seven figures per year.”

Adam Compain Jul 31, 2020 ▶ 3:52 Big brands, manufacturers with raw material (oil plastic) where going factory to warehouse.

Disclosure

Compain: ClearMetal contract fees are 50% to 60% fixed platform fees

“I mean, typically, you know, we're talking probably call it 50, 60% of the fee would be a fixed. And the variable component is often a lesser component of that.”

Adam Compain Jul 31, 2020 ▶ 6:57 Big brands, manufacturers with raw material (oil plastic) where going factory to warehouse.

Disclosure

Compain: ClearMetal raised about $25M across three funding rounds

“We've now gone through three rounds of capital with a total investment of around twenty five million or so.”

Adam Compain Jul 31, 2020 ▶ 9:26 Big brands, manufacturers with raw material (oil plastic) where going factory to warehouse.

ClearMetal has closed seven-figure TCV customer contracts

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