Confidential - Do not share without permission
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Confidential - Do not share without permission
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Performance
4.1x
210% IRR
AI business intelligence layer that helps decision makers query, explore and collaborate on data questions in seconds. It enables their customers to ask any question of their data in plain English and get answers in seconds using the Channel AI.
Memo Highlights
Round is closed so Deck is hidden for confidentiality
Confidential
Do not share
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Highlights
Full memo hidden as the round has closed
Over 31,000 businesses on their waitlist, built over just the last 7 months.
Over 70 companies in their first beta and 20 companies have just joined their second beta, generating $132,000 ARR in the last 3 weeks since opening up the program.
They are projecting hitting $3M ARR in the next 12 months and $12M ARR in the next 24 months.
They have a number of large enterprise clients starting pilots soon, including; Workday, Bank of America, Moonpay, and with a solid retention rate proven they are confident in expanding these contracts.
Robert Van Den Bergh (CEO) led the growth of venture-backed Scribeless
Cameron Whitehead (CTO) previously @Oxford University and development lead at the Series A startup Gravity Sketch ($32M raised).
$7.5M Seed round @$33.5M pre-money valuation
Lead: Hoxton Ventures with $6.2M (Darktrace, Babylon, Deliveroo)
Tiferes Ventures (Founder of Invision (Webflow, Frame.io, Algolia, Unsplash, Karat))
Triple Point Ventures (Capital on Tap, Adepto (Exit to Degreed), Pelago (prev Quit Genius), Vyne)
Memo
Full memo hidden as the round has closed
Over 31,000 businesses on their waitlist, built over just the last 7 months.
Over 70 companies in their first beta and 20 companies have just joined their second beta, generating $132,000 ARR in the last 3 weeks since opening up the program.
They are projecting hitting $3M ARR in the next 12 months and $12M ARR in the next 24 months.
They have a number of large enterprise clients starting pilots soon, including; Workday, Bank of America, Moonpay, and with a solid retention rate proven they are confident in expanding these contracts.
Robert Van Den Bergh (CEO) led the growth of venture-backed Scribeless
Cameron Whitehead (CTO) previously @Oxford University and development lead at the Series A startup Gravity Sketch ($32M raised).
$7.5M Seed round @$33.5M pre-money valuation
Lead: Hoxton Ventures with $6.2M (Darktrace, Babylon, Deliveroo)
Tiferes Ventures (Founder of Invision (Webflow, Frame.io, Algolia, Unsplash, Karat))
Triple Point Ventures (Capital on Tap, Adepto (Exit to Degreed), Pelago (prev Quit Genius), Vyne)