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SaaS Interviews with CEOs, Startups, Founders

1288 $6m in ARR and Net Negative 20% Revenue Churn, How?!

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6683 Ratings

🗓️ 2 February 2019

⏱️ 18 minutes

🧾️ Download transcript

Summary

Emilie Cushman is the Founder and CEO of Kira Talent. Cushman founded the company in 2012, and since launching Kira she has been named the HSBC Woman Leader of Tomorrow and one of Canada's Top 100 Most Powerful Women.

Transcript

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0:00.0

Sometimes it makes sense to bootstrap again doing well the rightsizing the business.

0:03.4

Kira Talent again really serving universities directly making the admissions process more fair, more holistic,

0:10.7

easier for students to apply, especially with things like video essays, which is their brother.

0:14.3

Founded in 2012 team of 20 people, all based mainly in Toronto, have about 300 universities.

0:20.0

They're working with mostly brick and mortar doing now about 500 grand per month in revenue. That's up 75% year over year,

0:26.1

which is obviously healthy. They raised $8 million, net negative 20% in terms of revenue churn annually,

0:31.1

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

0:44.2

Each episode features revenue numbers, customer counts, and other insider information that creates business news headlines.

0:53.6

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

0:56.9

I had no money when I started the company.

0:58.8

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

1:02.2

We're a bit strapped.

1:03.2

We have like 22,000 customers.

1:07.1

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

1:11.3

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

1:16.2

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

1:21.1

Hello, everyone.

1:21.7

My guest today is Emily Cushman.

1:24.2

She's the founder and CEO of a company called Cura Talent.

1:27.0

She founded the company in 2012, and since launching the company, she's been named the HSBC

1:31.3

Women Leader of Tomorrow and one of Canada's top 100 most powerful women.

1:37.2

Emily, are you ready to take us to the top?

...

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