Andy Jednak discusses the fundraising history of sales enablement software company ClientPoint with host Nathan Latka.
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“Right now we're in the midst of a convertible round. One of the board members brought in the first quarter million of that convertible round. When we started to build the team here at the beginning of the year, they decided to double it, and since then we brought in more convertible investors, all but one of which are actually clients of ClientPoint. So we're up to 900,000.”
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More from Andy Jednak
Disclosure
Jendak Targets $45M Pre-Money Valuation for ClientPoint's $5M Series A
“Yeah, we're, yeah, we're gonna let the market decide what that's gonna be but we're pretty optimistic that there's probably the ballpark.”
Andy JednakJul 22, 2022▶ 9:57Clientpoint Breaks $3m ARR, Raising $5m on $45m Valuation now
PredictionNot checkable as stated
Jendak: ClientPoint targets two million users by end of 2023
“Our vision is to have two million people using a client point by the end of 20, 23.”
Andy JednakJul 22, 2022▶ 10:38Clientpoint Breaks $3m ARR, Raising $5m on $45m Valuation now
PredictionNot checkable as stated
Jendak Predicts Profitability Within Five Quarters of Series A
“We expect to be to use that capital and invest pretty heavily into the business and be back to profitability within five quarters.”
Andy JednakJul 22, 2022▶ 12:52Clientpoint Breaks $3m ARR, Raising $5m on $45m Valuation now
AssertionNot checkable as stated
ClientPoint's Largest Customer Pays Over Seven Figures Annually
“Well, I don't talk about our specific numbers, but I'll say it's better than seven figures.”
Andy JednakJul 22, 2022▶ 3:08Clientpoint Breaks $3m ARR, Raising $5m on $45m Valuation now
AssertionNot checkable as stated
Most ClientPoint individual investors are CEOs of customer companies
“We have a bunch of individual investors. Most of them are our customers. They're actually, most of them are CEOs of our customer customer companies who just love our product and want a piece of the action they've all invested.”
Andy JednakJul 22, 2022▶ 6:37Clientpoint Breaks $3m ARR, Raising $5m on $45m Valuation now
AssertionSupported
ClientPoint total capital raised is under $5 million
“Total investment of the company is less than five million dollars.”
Andy JednakJul 22, 2022▶ 6:52Clientpoint Breaks $3m ARR, Raising $5m on $45m Valuation now
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