The Ledger
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Lessonly bypasses HR to sell directly to frontline teams
“We are like the non-HR learning software. So HR is not our buyer. We go into these frontline teams who have a lot of evolution on them, and we help them keep up with that evolution.”
Lessonly subscriptions average between $10,000 and $25,000 annually
“Yeah, it's an annual, annual subscription anywhere between, you know, 10 to 25,000 dollars a year on average.”
Lessonly is entertaining unsigned preemptive funding offers
“We got some preemptive offers that I'm entertaining, but none of them have been signed.”
Lessonly made just $600 in total revenue in late 2012
“And I mean that seriously from July to the end of December, 600 dollars.”
Lessonly reached $60,000 in ARR by the end of 2013
“No, that would have been at the end of the year. We were doing 60,000 dollars in annual recurring revenue.”