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SaaS Interviews with CEOs, Startups, Founders

1123 Ecommerce Brands Pay Him $3m To Increase Average Cart Value 12%+

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6683 Ratings

🗓️ 21 August 2018

⏱️ 21 minutes

🧾️ Download transcript

Summary

Robin is the CEO and co-founder of award-winning and quickly expanding startup Loop54. He holds a Master degree in Industrial engineering and management and has been into sales his whole career prior to Loop45. He currently lives in Stockholm, Sweden, together with the girlfriend and a judgmental dog.

Transcript

Click on a timestamp to play from that location

0:00.0

Let go of your career faster from Robin, who launched Loop 54.

0:05.0

It's essentially search for e-commerce, right, and retail.

0:09.1

Launched in 2011, the agency went all full in on SaaS in 2013, has scaled today to about 130 customers paying $30,000 ACVs.

0:18.0

So doing about 260 grand per month in revenue, which is $3.1 million in ARR.

0:23.5

That's up from $1.6 million in ARR just 13 months ago. So over 100%, well, about 100% year

0:30.0

over year growth, 6% revenue churn annually and just over 100% in terms of net revenue retention,

0:36.2

which is great. His team of 27 people out there in London and Stockholm.

0:40.9

This is the top entrepreneurs podcast where founders share how they started their companies and got filthy rich or crash and burn.

0:52.2

Each episode features revenue numbers, customer counts, and other insider information

0:57.9

that creates business news headlines.

1:01.5

We went from a couple hundred thousand dollars to $2.7 million.

1:04.8

I had no money when I started the company.

1:06.7

It was $160 million, which is the size of any IPOs.

1:10.1

We're a bit strapped.

1:11.1

We have like 22,000 customers.

1:14.9

With over 5 million downloads in a very short amount of time,

1:19.2

major outlets like Inc are calling us the fastest growing business show on iTunes.

1:24.1

I'm your host, Nathan Latka, and here's today's episode.

1:29.7

Hello, everybody. My guest today is Robin Mel Strand. He's the CEO and co-founder of an

1:34.4

award-winning and quickly expanding startup called Loop 54. He holds a master's degree in industrial

1:38.8

engineering and management and has been into sales his whole career prior to Loop 45.

1:43.4

Loop 54. Which one is it? Is it Loop 54 or 45?

...

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