The Ledger
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Grayevsky: Mya expects revenue to grow well over 10x in 2018
“In terms of revenue though, there's a pretty strong correlation between, between hires and revenue for us. But in terms of revenue we expect to well exceed 10 X this year, which is super exciting.”
Grayevsky: Mya achieves 2.5x candidate conversion over traditional outreach
“We're seeing about two and a half X conversion from a typical process where you're using phone calls and emails to try to reach out to candidates.”
Grayevsky: Mya delivers upwards of 80% top-of-funnel recruiting cost savings
“We're seeing upwards of 80% cost savings at top of funnel recruiting operations.”
Grayevsky: Mya speeds up hiring time-to-fill by 79%
“In terms of time to fill, you know, we're seeing about a 79% increase in, in time to fill simply by applying this technology to the first interaction with the candidate.”
Grayevsky: Mya expects over 100,000 hires in Q4 2018 alone
“We're seeing a massive increase in adoption this year in Q four we expect to generate over a 100,000 hires just in Q four this year which is really exciting mostly because we're supporting some of that seasonal holiday hiring within warehouses, call centers, r…”
Grayevsky: 85% of job applicants receive no response from recruiters
“So often recruiters get inundated by huge volumes of applications, and it's impossible just purely from a band bandwidth perspective to have a conversation with everyone. And so often, 85% of people just don't get a response.”
Grayevsky: Mya Systems has over 50 large enterprise customers
“We have over 50 large enterprise customers today.”
Grayevsky: Every Mya Systems deal to date is six figures
“To date, all of our deals have been six-figure deals in that range.”
Grayevsky: Mya's largest customer committed to 200,000 hires
“Our largest customers committed to 200,000 hires.”
Grayevsky: Mya placed tens of thousands of candidates over past 12 months
“Tens of thousands of hires over the last 12 months.”
Grayevsky: $4M seed round sustained FirstJob for four years before Mya pivot
“Yeah, so we raised about four million dollars and, you know, that dates back to our first product and first business, firstjob.com dating back to, you know, early 20 12. So we raised about four million in our seed round, which carried us about four years leadi…”
Grayevsky: Thousands joined Mya's waitlist with zero paid ad spend
“As a result of all this word of mouth and all this exposure, we've seen thousands of companies join our waiting list with zero dollars of kind of proper advertising spend outside of PR and our conference presence.”
Grayevsky: Mya payback period will drop to 7-8 months by 2019
“We expect by 2019 to see that drop all the way to down to about point .7. So about, you know, seven or eight months.”
Grayevsky: Mya initial deals are $250K-$500K with $1M+ enterprise LTV
“Our initial subscription deals are roughly, you know, 250 to 500 K. But we expect for Direct Enterprise their lifetime value to be well over a million dollars in, in terms of an expansion deal.”