Disclosure certainty 4/5 debate potential 1/5

Rutzen: Enodo is raising $1.5M at a $10M valuation

Mark Rutzen · 1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors · Jan 19, 2020 · at 15:16

Mark Rutzen, co-founder and CEO of Enodo, discloses the target size and valuation of the company's active fundraising round.

0:00 / 0:02exact quote · 2.9s
720p mp4 · rendered on demand · StarZero watermark
“We're raising 1.5 priced at ten million.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Mark Rutzen

Assertion Not checkable as stated
Rutzen: Enodo Screens 100 Properties in One-Tenth the Typical Time
“We help you do that hundred properties part in about a 10th of the time it would typically take.”
Mark Rutzen Jan 19, 2020 ▶ 3:11 1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors
Disclosure
Rutzen: Doubling Marketing Spend to $10K Yielded Little Benefit for Enodo
“We don't have a huge advertising cost and we've actually, we ramped it up and then we reduced it because we found that it didn't improve a whole lot to spend, you know, 10 grand versus five grand. It didn't make a huge difference. So we're at about a five gran…”
Mark Rutzen Jan 19, 2020 ▶ 11:22 1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors
Disclosure
Rutzen: Enodo prices SaaS tiers between $100 and $500 per month
“The top tier is 500 a month and the bottom tier is 100 a month.”
Mark Rutzen Jan 19, 2020 ▶ 1:55 1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors
Disclosure
Rutzen: Enodo partners with major national lenders for bulk platform data
“We have partnerships with major national lending groups, our lenders that that feed data in bulk into the platform.”
Mark Rutzen Jan 19, 2020 ▶ 3:45 1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors
Assertion Not checkable as stated
Rutzen: Enodo is close to $1M in ARR
“We're closer to a million ARR right now.”
Mark Rutzen Jan 19, 2020 ▶ 5:42 1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors
Disclosure
Rutzen: Enodo's $2.2M Note Had a 20% Discount and $5M Valuation Cap
“Yeah, we capped it at 2.2. And then we won a 20% discount and five million value cap on that.”
Mark Rutzen Jan 19, 2020 ▶ 8:47 1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.