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SaaS Interviews with CEOs, Startups, Founders

1517 How $165M ARR DiscoverOrg Sales Operation Works

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6683 Ratings

🗓️ 19 September 2019

⏱️ 22 minutes

🧾️ Download transcript

Summary

Co-Founder & CEO. Bootstrapped the company to $25M in ARR. Now 3 Acquisitions later backed by The Carlyle Group and TA Associates at $165MM ARR.

Transcript

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0:00.0

Launched Discover org back in 2007, grew up to about $25 million in ARR in 2014, sold a majority to Carlisle back then and then, sorry, to TA.

0:09.7

And then TA in 2018, they scaled from $25 million in ARR, up to $130 million in ARR.

0:15.3

TA then brought in Carlisle, sold about 30% of our holdings there.

0:18.0

He's still incentivized, still growing the company, broke down the sales process today as they marched past $165 million in ARR.

0:25.4

Hello, everyone.

0:25.9

My guest today is Henry Shuck.

0:27.6

He's the co-founder and CEO of a company called Discover Or.

0:30.7

He booted up the company to $25 million in ARR.

0:33.4

And now three acquisitions later, he's backed by the Carlisle Group and TA Associates at about

0:37.5

165 million bucks in AR. Henry, are you ready to take us to the top?

0:42.0

I'm ready.

0:42.6

Dude, your people are like, okay, we know Henry is going to talk with Nathan.

0:46.4

We're just going to put the AR in the bio so Nathan doesn't have to hit Henry about it.

0:50.9

I love it. I love it.

0:53.5

So last time you came on, man, let's see, it would have been about almost two years ago.

0:57.5

And I think at that point you had told me you were doing around 70 and now you're at kind of 165.

1:02.9

I want to dive into that in a second. But first, for new listeners that didn't hear that first episode, tell folks what you do.

1:08.6

So Discover Orga is a sales intelligence tool.

1:16.0

It's actually used by sales reps and marketers to find the companies and the people to sell to,

1:18.3

when to reach out to them, and how to get a hold of them.

1:20.8

So imagine I'm selling an information security device.

1:23.4

I know all the chief information security officers.

...

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