Grew up, you know, kind of Southeast Asia, Hong Kong, etc., jumped into real estate,

you know, had a big advantage in learning Mandarin, then used that advantage to basically

go over to Hong Kong, preset real estate back in Canada, which a lot of money was flowing

that direction.

He then said, you know what, I want higher margin, less travel.

Let's launch a piece of software to help with this.

That's what Spark does.

They sell directly to the development companies. Development companies then use their platform on a kind of per project basis to sell,

manage, and then hold on to data over the long term, which is allowed them to keep churn very low,

less than 1% gross logo churn per year. They have over 100 customers paying

caught $1100 bucks a month, so about $110,000 monthly recurring revenue.

They'll do about $2 million this year as they combine kind of professional

services plus that healthy

SaaS revenue stream. Again, that's up for

about a million just a year ago with their team of

20 in Vancouver.

This is the top

entrepreneurs podcast where founders

share how they started their companies

and got filthy rich or crash and

burn each episode features revenue numbers customer counts and other insider information that

creates business news headlines we went from a couple of hundred thousand dollars to two point seven

...