The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
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Intermix Enterprise Customer Pricing Ranges From Five to Six Figures
“It's between five fingers, moving up to six fingers to a six figures now.”
Intermix Achieves Over 100% Net Revenue Retention
“It's we're you know over a hundred percent revenue retention. Cause a lot of our customers will expand with us.”
Intermix Expects to Pass $1 Million ARR in Q2 2020
“Yeah. We're going to pass that within at the, in the, in about Q two, that's great.”
Intermix Grows 12% Monthly With Expansions Driving 30% of Growth
“We're growing at over 12% per month at this stage, Nathan adding, adding new customers. Not only are we adding new customers, but the ACV is also growing, and our expansions are approaching over 30% of our monthly growth at this stage.”
Uncork Capital Led a $3 Million Seed Round in Intermix
“We raised around in May led by Uncore Capital. That was a three million dollar seed round.”
Intermix Maintains Sub-$10,000 CAC and Two-Month Sales Cycle
“Our CAC at this point is, you know, south of 10 of 10 K. Our, you know, the nice thing about our business is that we can sell it over the phone. Typically customers will make a decision. There's a free trial and they'll make a decision in about two weeks two t…”
Intermix Sources Leads by Scraping Job Boards for Amazon Redshift
“It turns out the word redshift is pretty not common in job descriptions. And so if you scrape indeed, for example, you can kind of figure out which companies are using it. So we have scrapers that go out to job boards and then they collect company names. And t…”
Lappas Notes Partner Banks Restrict Venture Debt to Post-Series A
“Venture debt, the banks that we work with only give you venture debt if you're after a series A.”
Intermix Sells Enterprise Subscriptions With One- or Two-Year Terms
“We sell to enterprises. It's a subscription and people will either prepay for one year or two years.”
Intermix Generated First Revenue Six Months After First Code
“We got to revenue our first dollar of revenue Came only six months after we wrote the first line of code for the business.”