4.6 • 683 Ratings
🗓️ 23 May 2019
⏱️ 15 minutes
🧾️ Download transcript
Recognizing the early trend for insurtech innovation in 2013, Jason co-founded Limelight Health to deliver better data integration and sales efficiency for insurance carriers, PEO’s, brokers and others in the employee benefits ecosystem.
Limelight's award-winning technology, QuotePad™, aims to transform the way health insurance and employee benefits are quoted, sold and renewed.
Jason is a serial entrepreneur advising numerous Silicon Valley startups, also volunteering in the industry/community.
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0:00.0 | I've had the fortune of meeting a lot of you guys at B2B SaaS conferences all around the world. |
0:05.2 | And one of my favorites is coming up in New York City, June 4th to 5th. |
0:10.1 | That is SaaS Doc East Coast. |
0:12.2 | Now, it's my favorite, and I can say that because I'm getting asked to speak at almost every |
0:16.1 | major SaaS conference because my data set is so large. |
0:19.5 | Nobody has anything like it. |
0:21.4 | And the reason SaaS Doc is my favorite is because it's the most curated. It's a large group of extremely |
0:26.8 | intelligent individuals. In fact, many CEOs I've had on the show will be at SaaS stock |
0:31.9 | East Coast on June 4th through 5th in New York, including many you guys have heard of, |
0:36.3 | like Rajee Thomas, CEO and founder |
0:38.2 | of Sprinkler, Daniel, CEO of Greenhouse, and Stacey Bishop, partner at scale venture partner. |
0:44.7 | So I hope to see you guys there. If you decide to come, I will get coffee with you, and I can get |
0:49.2 | you guys a great discount, I think, as well. You can check it out at this link, Nathanlaka.com forward |
0:54.6 | slash SaaS stock east, SAS, S-A-A-S-T-O-C-K-East, and then use code Latka-Hifin 20 to get a 20% |
1:04.9 | discount. That's L-A-T-K-A-2-0. And then shoot me a text if you decide to come so we can get coffee |
1:14.1 | 703-431-2709. I hope to see you guys there. Focus on relationships. They do pay off in the |
1:21.8 | long run. Founded Limelight back a couple years ago, call it 2014, now has over 300 customers paying on average |
1:28.4 | $1,400 bucks per month, so say $420,000 per month in pure SaaS revenue. That's $5 million per year. |
1:34.3 | That's about 40% of their total revenue. They raised $11 million to drive that growth, |
1:38.8 | really incredible growth year over year. So far, super sticky, less than 3% gross low |
1:42.5 | little churn per year payback |
1:44.5 | periods less than 12 months with a team of a hundred people based off all kinds of remote |
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