The Ledger
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Exponea Anticipates October Funding Round at $50M+ Valuation
“So we believe we will raise the round in October, and by that time, the valuation should be over 50.”
Exponea Has Lost Only Six Customers in Company History
“In total, we have lost only six customers throughout the whole history, and out of that, there's not a single churn that is related to product, and out of those, there's only three companies which are actually the companies that I would call relevant, and out …”
Exponea Localization Boosted Client Conversions by 60% to 280%
“We localized the experience for all customers in like 19 countries of a fashion e-commerce company with a boost of 60 to 280% in conversion.”
Duke & Dexter Boosted Conversion 30% Using Outfit A/B Testing
“Showing people not just the shoe, but the other outfit that you can see on Instagram without the hat, they can actually boost the conversion online by 30%.”
Exponea Has Had Zero Requests for Money-Back Proof-of-Concept Refunds
“So far we had zero customers asking for it, but it's like a hundred percent on the customer.”
CEO's Former Company Slevomat Sold for $100M in 2017
“I used to be a CEO of an e-commerce company, which actually just this week sold for about a hundred million.”
Exponea Doubled Revenue Every Six Months For Two Years
“At least double every half a year in the last 24 months, and we will grow double also this half year.”
Exponea's MRR Grew From $18k to $94k During 2016
“So, December 2015 was Around 18,000. So, so, so nothing. We ended the year at 94.”
Exponea's Gross Revenue Retention is 95% to 96%
“So the gross retention was in terms of revenue was Something like 96, 95%.”
Exponea's CAC Payback Period is Around 11 Months
“So like the return on sales and marketing is around 11 months.”
Consulting Services Make Up Around 12% of Exponea's MRR
“So when you look at MRR, then the consulting services are around like 12%.”