Yanni Karkanen is the founder and CEO of OneIO, discussing the company's funding history with Nathan Latka.
0:00 / 0:10exact quote · 11.0s
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“We had like a minor seed funding for about one million. It was 2019, 2018. And this year we raised our first round of seven million.”
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More from Yanni Karkanen
AssertionNot checkable as stated
Karkanen: Near-zero churn makes OneIO's LTV impossible to calculate
“LTV is quite, quite extensive since we don't have really sure. So, so the calculation would, if you need to divide by zero, it's a bit of a tricky.”
Yanni KarkanenJul 1, 2022▶ 11:19This is how I want to live. Buy 1/8th of a house, stay for 44 nights. Founder Raises $17.4m, $2m+ in revenue already.
Disclosure
Karkanen: OneIO client Bayer runs a €1B IT outsourcing contract
“For example, we have a good reference case buyer is a big pharmaceutical company. They have this like the most biggest outsourcing bid there has been in Europe. I think maybe globally, but it's a one billion dollars or euros is outsourcing. So they need to ope…”
Yanni KarkanenJul 1, 2022▶ 3:07This is how I want to live. Buy 1/8th of a house, stay for 44 nights. Founder Raises $17.4m, $2m+ in revenue already.
AssertionNot checkable as stated
Karkanen: OneIO generates nearly $300,000 in monthly recurring revenue
“I think it's quite close to 300.”
Yanni KarkanenJul 1, 2022▶ 5:05This is how I want to live. Buy 1/8th of a house, stay for 44 nights. Founder Raises $17.4m, $2m+ in revenue already.
Disclosure
Karkanen: OneIO uses joint team bonuses rather than individual quotas
“And I think when it comes to these sort of quotas and then things to measure this kind of sales, I think in, in our case, particularly it is a team effort. We don't really, we feel that it's kind of like a weird or our bonus mechanisms are more kind of like jo…”
Yanni KarkanenJul 1, 2022▶ 10:22This is how I want to live. Buy 1/8th of a house, stay for 44 nights. Founder Raises $17.4m, $2m+ in revenue already.
Insight
Karkanen: Running a rock band is identical to building a startup
“Maybe not directly playing, but actually like doing a band. I think that there's a lot of similarities. So it's kind of like you need to build the prototypes, do demos, sell it to a separate company, kind of like a market yourself, like question yourself all t…”
Yanni KarkanenJul 1, 2022▶ 13:50This is how I want to live. Buy 1/8th of a house, stay for 44 nights. Founder Raises $17.4m, $2m+ in revenue already.
AssertionNot checkable as stated
Karkanen: Average OneIO customer pays $3,000 to $4,000 per month
“I think it's like a, between the three or four.”
Yanni KarkanenJul 1, 2022▶ 4:11This is how I want to live. Buy 1/8th of a house, stay for 44 nights. Founder Raises $17.4m, $2m+ in revenue already.
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