The Ledger
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Lorang: FullContact generates well over $1 million in monthly recurring revenue
“Well, we're well over seven figures.”
Lorang: Developer access is FullContact's largest revenue stream
“So the developer access is actually our largest revenue stream. We have over 40,000 developer partners that have plugged full contact into their applications.”
Bart Lorang: FullContact Has Raised About $50M in Venture Capital
“Full contact. We definitely fundraised. We went to venture capital route because I sort of looked at the size of the problem. I said, Whoa, this is way too big to bootstrap. That was our assessment and we've raised about fifty million dollars today.”
Lorang: FullContact enterprise accounts pay up to $20,000 monthly
“And then we start getting into the larger developers and larger enterprise accounts that pay us anywhere from, you know, a hundred dollars a month to 20,000 dollars a month.”
Lorang: FullContact maintains under 2% gross churn and net negative churn
“So our gross turn is actually quite low. It's less than a two percent. And our net turn is actually negative. So we have expansion of our customers.”