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Pugliesi: Hi Platform is Brazil's top chatbot provider with 150+ clients
“So in the last two years, we are the number one chat bot here in Brazil.
We have over
150 clients.”
Hi Platform generates approximately $750,000 in monthly recurring revenue
“We are actually doing, our MRR is about 750,000 dollars.”
Pugliesi: Brazil lacks growth-stage VC funds despite abundant early-stage capital
“In Brazil we have lots of VCs and early stage money, and we don't have more funds specific to growth money or to stages that are later stages.”
High Platform's 4 co-founders started with only 20% equity combined
“We actually had 20% of the company.”
High Platform founders doubled their ownership to 40% via buybacks
“We've doubled our participation in the last two years, so we've we bought
shares from other minorities.”
High Platform Reaches 1,700 Customers and $1.1M in MRR
“Right now we had 1.7 thousand different customers and we do have 1.1 million dollars in MRR.”
High Platform Raised $7M in Its First External Funding Round
“We actually raised money last tag, last August. We raised seven million dollars. That was our first round.”
High Platform's monthly sales quotas range from $3k to $6k
“Each of them has 3000 dollars per month as the initial quota, and the senior ones, they have 6000 dollars per month.”
Hi Platform aims to raise $5M-$7M at a $20M pre-money valuation
“This time we were trying to raise about five five million between five and seven million dollars at this very moment. ... We're trying to make 3.5 times our revenue. So it's about seventy-five million dollars. Sorry, seventy-five million reais in dollar. I thi…”
Hi Platform's CAC is between $1,500 and $2,000
“Our CAC is about two, 2.5 between 1.5 and 2000 dollars.”
Hi Platform's average CAC payback period is around eight months
“Our CAC payback is about the average CAC payback is about eight months.”