InDemand generated about $325,000 in gross revenue over 18 months
Alex Saidani · EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani · Dec 9, 2016 · at 3:15
Alex Saidani, founder and CEO of InDemand, discusses his white-label grocery SaaS company's early top-line performance with Nathan Latka.
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“I mean, in the past 18 months we've made around 325 K.”
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More from Alex Saidani
InDemand charges grocery stores setup, subscription, and per-order fees
“So we're actually just in the midst of a pivot, but so right now we sell software for grocery stores and other local retailers. Be able to sell to their customers online and actually deliver to them within the hour. We kind of say there's a white label Instaca…”
InDemand has roughly 150 customer companies, with 25 actively processing orders
“We're working with, we've got about a 150 companies using the software. About 25 of them are active.”
InDemand generated about $25,000 in revenue in October 2016
“We made about 25,000 dollars in revenue. A lot of that was actually more set up fees and custom stuff than monthly.”