Kim Walpole: Trials.ai generates about $25,000 MRR
Kim Walpole · 1315 Her Best Friend Died From Terminal Cancer, She Launches MedTech SaaS Raising $2.5m on $10m Pre · Mar 1, 2019 · at 9:06
Kim Walpole discloses Trials.ai's current monthly recurring revenue to Nathan Latka.
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“Currently we're at about 25 K MRR.”
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More from Kim Walpole
Walpole: Trials.ai cuts study design time from 9–12 months to weeks
“On the study design side, you know, it takes anywhere from nine to 12 months to do that. We're cutting that down to weeks and eventually days.”
Kim Walpole: Trials.ai in fundraising talks at $10M pre-money valuation
“We're conversations we're having is at a ten million pre.”
Walpole: Average phase two trial generates about $200K annually for Trials.ai
“For us, an average trial, maybe a phase two trial of 350 users would generate about 200 K on average annually.”
Walpole: Trials.ai raised $750k in December and is raising $2.5M
“And we raised 750,000 back in the end of December, and now we're doing a 2.5 million dollar raise.”