Disclosure certainty 4/5 debate potential 1/5

Helfrich: Instarail is raising a $1M pre-seed at a $5M pre-money valuation

Thomas Helfrich · Watch him pivot from $20k/mo consulting to pure play SaaS · Jun 3, 2022 · at 7:01

Thomas Helfrich, founder of Instarail.ai, outlines his upcoming fundraising terms and target to Nathan Latka.

0:00 / 0:09exact quote · 9.7s
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“We're starting to go through our seat. I'm going to call it a seat round, but it's probably actually a formal pre C round where we're going to Raising the one million five million pre money and come in.”

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More from Thomas Helfrich

Disclosure
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“Oh, no, no. He doesn't have 50%. He has five percent.”
Thomas Helfrich Jun 3, 2022 ▶ 11:45 Watch him pivot from $20k/mo consulting to pure play SaaS
Assertion Not checkable as stated
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“We're only about a year into revenue to be fair. And we've grown about 20 K MRR already.”
Thomas Helfrich Jun 3, 2022 ▶ 5:23 Watch him pivot from $20k/mo consulting to pure play SaaS
Prediction Not checkable as stated
Helfrich: AI content tech will require human oversight for some time
“So you do need to bring a human in the loop and you will for some time for this type of tech.”
Thomas Helfrich Jun 3, 2022 ▶ 13:07 Watch him pivot from $20k/mo consulting to pure play SaaS
Assertion Not checkable as stated
Helfrich: Instarail cut my social media time from 30 hours to one
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Thomas Helfrich Jun 3, 2022 ▶ 2:10 Watch him pivot from $20k/mo consulting to pure play SaaS
Disclosure
Helfrich: Instarail corporate clients pay $2k-$3k/mo, individuals pay under $500
“Corporate like full on customers pay anywhere between two and 3000 a month. And then individuals are probably 500 hours or less.”
Thomas Helfrich Jun 3, 2022 ▶ 4:33 Watch him pivot from $20k/mo consulting to pure play SaaS
Assertion Not checkable as stated
Helfrich: Instarail has over 100 customers on $99 tier
“We've had over a hundred customers on the platform in that range already.”
Thomas Helfrich Jun 3, 2022 ▶ 5:17 Watch him pivot from $20k/mo consulting to pure play SaaS
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