Chris Devore, CEO of DocHub, discusses the platform's pricing structure relative to document-signing competitors.
Opinion
Devore: DocHub internally targets a $10 million valuation
“I still like the you know, a ten million dollar valuation on it.”
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Devore: DocHub generates $90,000 to $95,000 in monthly recurring revenue
“When you factor in the annual guys you know, we're doing about 90 95 thousand a month.”
Disclosure
Devore: DocHub would consider full acquisition but rejects minority investments
“I mean, you know, if there's a buyer out there who's interested in in, you know, has a good a solid price for doc hub, you know, I'd listen to the offer and you know, but I don't think we want to you know, I don't think we're in a situation where we need to be…”
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Devore: DocHub grew from zero to $1M ARR in one year
“Let's go back a year ago where we were making literally zero dollars a month. And what would you value it a year ago? You know, so a year ago by that math, it would have been worth nothing. And now all of a sudden we, you know, we have a million dollars coming…”
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Devore: DocHub reached 15 million users and 50 million uploaded documents
“We have basically fifteen million users right now with fifty million documents that have been uploaded.”
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Devore: DocHub records 2.6M monthly active users on Google Analytics
“In the last 30 days, according to Google analytics, I think we're at about maybe 2.6 million users and, you know, five you know, plus million maybe documents or sections.”