Sastrify's average contract value is approximately $25,000
Sven Lackinger · Sastrify Raises $7m at $34m Valuation, $1.6m Revenue in 10 Months · Jan 13, 2022 · at 4:02
Sven Lackinger, co-founder of SaaS procurement platform Sastrify, describes the company's pricing model and customer contract metrics.
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“Our ACV is around like 25, 25 K more or less.”
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“Typically like within like the first couple of couple of weeks, actually we saved them like three, four times of that.”
Founders should avoid launching fundraising rounds in July
“And one thing that we also did, which was not smart was we raced in July which I cannot recommend to every anyone because apparently people love to do holidays in August.”
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“Well, it's from what I know, it's about a hundred X on the AR. So I guess that's quite the, quite what we see everywhere at the moment. So I'm not that surprised. And frankly, they're doing a really great job there.”