The Ledger
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Conveino predicts it will triple its $30,000 ARR by year-end
“I'm confident and we, that we can at least triple it by the end of the year.”
Ad-hoc Slack recognition channels break down beyond 100 employees
“You can do that for smaller for smaller teams, I'd say up to maybe a hundred people, but in larger organizations and that what we, that's what we target from say 100 to larger than 3005 thousand people. It's hard to get it going with such a Slack channel.”
TRUMPF holds a minority equity stake in Conveino
“Yeah, but only a minority stake in the company, right?”
Conveino offers channel partners 20% revenue share for two years
“And they're getting up to 20% of revenue of the first two years.”
Conveino has reached five paying enterprise customers
“Real paying customers. We've got five right now.”
Conveino charges an average of $2 per user per month
“On average, they pay two US dollar per month per user.”
Conveino's average deployment ranges from 500 to 1,000 seats
“Probably a bit more, more than like 500 to a thousand.”
Conveino closed its first customer deal in December 2022
“Zero. Yes. We did our first yeah, deal in late December of last year.”