The Ledger
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CrawlQ netted only $110k from $650k in gross AppSumo sales
“So a 110 K is a net net that came to us after all the commissions from Epsom.”
Kumar pays his CrawlQ team members under $600 per month
“I get everyone which is under 600 dollars per month, which who are working with me.”
Kumar claims CrawlQ generates $80k in monthly net profit on $88k MRR
“Oh yes. Yes. That's, that will be true number. What I was saying, whatever I have invested, I was also trying to take away from the profit and get the breakeven.”
Under 4% of CrawlQ's AppSumo buyers convert to monthly subscriptions
“That percent is quite low at this moment. It's not more than three or four percent to be honest with you.”
CrawlQ operates on just $7,500 in total monthly expenses
“Everything, everything, including my AWS or other type of infrastructure cost GPT, counting together, 7500 is the total run rate.”
Kumar sold his house twice to bootstrap CrawlQ
“It's completely bootstrap from my own on funding. I have already put from last two years. I have sold my house two times moved to a lower, a smaller house.”
Kumar targets a $10M+ valuation for CrawlQ's next funding round
“The valuation I have in mind around ten million. That's my valuation. And the numbers of course is difficult to arrive at this stage, but ten million and above is the valuation at this stage.”
CrawlQ customers pay $250 monthly on average, agencies start at $1,000
“On average, our customer pays 250 dollars per month. And of course for agency package, it starts around thousand dollars per month.”
CrawlQ has around 350 active monthly recurring customers
“Apart from the monthly sort of customers that are on our platform is around 350 customers.”
Harish Kumar discloses owning 100% equity in CrawlQ
“Yes, I own the hundred percent of the company.”
CrawlQ sold its AppSumo lifetime deal to 3,500 customers
“Right now I have 3500 customers who purchased AppSumo deal.”
CrawlQ generated $650,000 in gross revenue from its AppSumo deal
“We sold total revenue of 650 K on AppSumo.”
CrawlQ uses a proprietary AI layer to route prompts to GPT-3
“We have our own proprietary AI layer. It's called Athena. Athena is a smart AI assistant, which communicate between user and all kinds of models like GPT three or AI. You name it. We have created a layer, which got it agnostic to the models.”
Kumar plans to raise up to $2M for CrawlQ
“At this stage we wanted to raise around one and a half million to two million. That's what we're currently our current calculations are.”