The Ledger
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FaZe Clan is the first major esports organization to go public
“The first in my opinion, like major esports organization to go public.”
Trufan counts Netflix and the NBA among its enterprise clients
“So we work with large enterprises like Netflix or the NBA to essentially allow them to better understand their audience through data.”
Trufan's top customer contracts reach $140,000 to $160,000 per year
“No, we have a few customers who are kind of outliers that are more along the lines of like one 40 to one 60.”
Trufan's annual recurring revenue has surpassed $1.6 million
“Our ARR is, you know, probably, you know, in terms of where we're at, you know, it's definitely north of like 1.6.”
Surf browser extension reached 16,000 DAUs six weeks after launch
“Launched about a month and a half ago. And we're at about 16,000 DAUs, which is really, really exciting for us over thirty five million URLs shared.”
Surf users have redeemed $40,000 in rewards with $130,000 unredeemed
“No, that's the 40,000 dollars has been redeemed points in terms of overall points. There's probably another A 120, a 130,000 dollars worth of points that have been unredeemed so far.”
Trufan has raised just under $6 million in total funding
“We've raised just under six million so far.”
Trufan announced a $2 million seed round extension in December 2021
“We actually just announced a two million dollar extension to our seed round we did earlier this year. That was probably late last week. Last week, we announced that seed extension.”
Trufan increased its average contract value from $800 to $1,800
“Cause the beginning of the year, ACV was only about 800 dollars. Now it's about 1800.”
Trufan priced its seed extension at roughly a 15x ARR multiple
“Yeah, probably, you know, around, I'd say like, 15. I'd say roughly around that area. Yeah.”
Trufan operated as cashflow positive for approximately one year
“Actually for about a year of the business, we were cashflow positive.”
Trufan doubled monthly revenue to $125,000 year-over-year
“Yeah. A year ago today was probably about 60, 65.”
Electronic Arts uses Trufan for its annual EA Play livestream
“EA is one of our biggest customers. We work with them for their annual EA play live stream, which is their biggest event, you know, like 80,000 concurrent viewers.”
Trufan aims to reach $2 million in revenue within six months
“Yeah, I think our goal is to probably get revenue close to about two million you know, within the next probably six to, you know, six months, I'd say.”
Trufan serves 75 enterprise clients and up to 400 total customers
“So right now I think we have about 75 enterprise customers and in total probably over, oh man, I'm probably going to get this wrong. I think like 300 to 400 customers. I'm probably, I'm honestly probably getting the exact customer amount wrong, but I do know a…”