Anup Naik, co-founder of IoT platform Zelliot, discusses the company's 4x growth target with Nathan Latka.
0:00 / 0:03exact quote · 3.9s
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“So this year the projection is we are supposed to hit around four million dollars.”
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More from Anup Naik
Disclosure
Zelliot SaaS pricing averages around $1 per vehicle monthly
“Typical SAS costing is somewhere around a dollar or so, but you can't, you know, really hold on to that.”
Anup NaikApr 9, 2022▶ 2:47Car Technology SaaS Hits $1.2m ARR, Sold 14% for $500k
AssertionNot checkable as stated
100,000 vehicles are currently running Zelliot's mobility software
“See a 100,000 vehicles are using our software.”
Anup NaikApr 9, 2022▶ 4:09Car Technology SaaS Hits $1.2m ARR, Sold 14% for $500k
AssertionNot checkable as stated
Zelliot generates close to $100,000 per month in revenue
“The average revenue run rate has been close to a 100,000 dollars per month.”
Anup NaikApr 9, 2022▶ 4:19Car Technology SaaS Hits $1.2m ARR, Sold 14% for $500k
Disclosure
Zelliot sells approximately 14% equity in Bosch seed round
“So we sold around 14% of the business.”
Anup NaikApr 9, 2022▶ 6:04Car Technology SaaS Hits $1.2m ARR, Sold 14% for $500k
Disclosure
Zelliot sources all debt capital from hardware partner iTriangle
“We have a partner company called I triangle who, you know, kind of supplies a telematics device or the IOT devices. So kind of we raised entire debt from them. We did not go outside of them.”
Anup NaikApr 9, 2022▶ 7:14Car Technology SaaS Hits $1.2m ARR, Sold 14% for $500k
Disclosure
Roughly 10% of Zelliot's enterprise customers are vehicle manufacturers
“Manufacturers, roughly, 10% of them.”
Anup NaikApr 9, 2022▶ 9:09Car Technology SaaS Hits $1.2m ARR, Sold 14% for $500k
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