Assertion certainty 4/5 debate potential 1/5

15Five's mid-market sales segment is growing over 100% year-over-year

David Hassel · 1406 How Continuous Improvement Platform 15Five Hit $10m ARR using Land and Expand · May 31, 2019 · at 14:08

David Hassel, co-founder and CEO of 15Five, discusses company revenue growth across product tiers with host Nathan Latka.

0:00 / 0:09exact quote · 9.6s
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“We've grown we've grown the business probably about 75, 80% across the board. The, what we call our mid-market business, the sales business has grown north of a hundred percent year over year.”

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More from David Hassel

Assertion Supported
15Five charges $7 to $14 per seat monthly on average
“Anywhere between seven and 14 bucks a month.”
David Hassel May 31, 2019 ▶ 5:11 1406 How Continuous Improvement Platform 15Five Hit $10m ARR using Land and Expand
Assertion Not checkable as stated
15Five has over 1,500 active customers
“We've got a little over 1500 customers.”
David Hassel May 31, 2019 ▶ 6:16 1406 How Continuous Improvement Platform 15Five Hit $10m ARR using Land and Expand
Assertion Not checkable as stated
15Five funds its ongoing hiring spree entirely from revenue
“Currently it's all funded by revenue.”
David Hassel May 31, 2019 ▶ 6:36 1406 How Continuous Improvement Platform 15Five Hit $10m ARR using Land and Expand
Assertion Contradicted
15Five has raised only $3.7 million in total capital to date
“Relative to our competition, we've raised a very small amount of capital, raised about 3.7 million to date.”
David Hassel May 31, 2019 ▶ 6:44 1406 How Continuous Improvement Platform 15Five Hit $10m ARR using Land and Expand
Assertion Supported
15Five's direct competitors have raised between $40 million and $100 million
“We have, you know, some of our, you know, kind of head tech competitors have raised between 40 and a hundred million dollars.”
David Hassel May 31, 2019 ▶ 6:51 1406 How Continuous Improvement Platform 15Five Hit $10m ARR using Land and Expand
Assertion Not checkable as stated
15Five is currently nearing $10 million in annual recurring revenue
“W I would say near eight figures at the moment.”
David Hassel May 31, 2019 ▶ 7:31 1406 How Continuous Improvement Platform 15Five Hit $10m ARR using Land and Expand
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