Disclosure certainty 4/5 debate potential 1/5

Bacharach: FindMine average contract size is about $160k annually

Michelle Bacharach · Retail SaaS Taking Off Post Pandemic, $1m+ ARR, Raising $8m Series A Now · Aug 19, 2021 · at 3:14

FindMine CEO Michelle Bacharach speaks with Nathan Latka about the pricing model and enterprise contract values of her retail ML platform.

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“Our average contract size is about a 160,000 per year.”

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More from Michelle Bacharach

Prediction Not checkable as stated
Bacharach: FindMine should hit 400% YoY growth by end of 2021
“And we should end the year at 400% year over year.”
Michelle Bacharach Aug 19, 2021 ▶ 14:09 Retail SaaS Taking Off Post Pandemic, $1m+ ARR, Raising $8m Series A Now
Disclosure
Bacharach: FindMine largest contract is roughly $750,000 per year
“Our largest contracts, probably about three quarters of a million.”
Michelle Bacharach Aug 19, 2021 ▶ 4:21 Retail SaaS Taking Off Post Pandemic, $1m+ ARR, Raising $8m Series A Now
Assertion Not checkable as stated
Bacharach: FindMine has surpassed $1 million in ARR
“We have passed that, yep.”
Michelle Bacharach Aug 19, 2021 ▶ 6:53 Retail SaaS Taking Off Post Pandemic, $1m+ ARR, Raising $8m Series A Now
Assertion Supported
Bacharach: FindMine has raised about $7M lifetime to date
“We raised about seven million dollars lifetime to date.”
Michelle Bacharach Aug 19, 2021 ▶ 7:00 Retail SaaS Taking Off Post Pandemic, $1m+ ARR, Raising $8m Series A Now
Disclosure
Bacharach: FindMine is targeting an $8M Series A round
“So we're looking to do like an eight million dollar series a you know, kind of right down the middle.”
Michelle Bacharach Aug 19, 2021 ▶ 8:47 Retail SaaS Taking Off Post Pandemic, $1m+ ARR, Raising $8m Series A Now
Assertion Not checkable as stated
Bacharach: FindMine has zero product-related customer churn
“We lost three customers due to bankruptcy. Unfortunately, during the pandemic, we've actually only had the only turn we've ever had are those three bankruptcies and two companies that got spun off to private equity by their owner. So we've never actually had a…”
Michelle Bacharach Aug 19, 2021 ▶ 13:33 Retail SaaS Taking Off Post Pandemic, $1m+ ARR, Raising $8m Series A Now
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