Exponea CEO Peter Irikovsky reveals the targeted transaction size for their upcoming secondary and primary funding deal.
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“Ah, actually, I think it's going to be even more. It's, we believe it's going to be north of a hundred.”
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More from Peter Arachofsky
Disclosure
Exponea negotiates a majority deal to buy out an early investor
“We're talking about majority deal because we believe that through this, we will onboard our original investor.”
Peter ArachofskyApr 13, 2020▶ 9:171724 He's Raising $100m Now Despite COVID, $20m in Revenues, 101% YoY Growth Serving Online Retailers
Disclosure
Exponea receives $200M preliminary valuation indications for its equity raise
“We're early on in the process and we only got some indications. The, and the indications were saying something around 200.”
Peter ArachofskyApr 13, 2020▶ 19:251724 He's Raising $100m Now Despite COVID, $20m in Revenues, 101% YoY Growth Serving Online Retailers
AssertionNot checkable as stated
Exponea reaches $19M contracted ARR across roughly 195 customers
“So I, so we're at the nineteen million in CRR. So that gives you something like 195 customers, something like that.”
Peter ArachofskyApr 13, 2020▶ 6:361724 He's Raising $100m Now Despite COVID, $20m in Revenues, 101% YoY Growth Serving Online Retailers
PredictionNot publicly verifiable
Irikovsky believes Exponea can reach over $200M revenue in 5-7 years
“We believe we can drive the company to over two hundred million in revenue in like five to seven years, because also the crisis is structurally playing strongly in our favor.”
Peter ArachofskyApr 13, 2020▶ 7:141724 He's Raising $100m Now Despite COVID, $20m in Revenues, 101% YoY Growth Serving Online Retailers
Disclosure
Irikovsky promised Exponea staff no cost-cutting during the COVID-19 crisis
“We currently are burning money, and we, you know, gave everyone in the company a promise that we are not gonna do cost cutting. We're focused on ensuring that we pay the salaries to people.”
Peter ArachofskyApr 13, 2020▶ 14:081724 He's Raising $100m Now Despite COVID, $20m in Revenues, 101% YoY Growth Serving Online Retailers
AssertionSupported
Exponea has raised over $35 million in total capital
“So we, we've raised over thirty five million.”
Peter ArachofskyApr 13, 2020▶ 3:431724 He's Raising $100m Now Despite COVID, $20m in Revenues, 101% YoY Growth Serving Online Retailers
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