checked at visual communication tools for construction teams currently a hundred teams paying about

500 bucks a month so doing 50 000 per month in revenue up from 25 000 per month just a year ago

so healthy growth they're burning capital they raised about 1.2 million dollars team of eight in

norway 3% logo churn per month just adding new modules to start driving expansion revenue. They'll spend up

up to six months of lifetime value on acquisitions, so spending about $3,000 to get a customer

for a six-month payback. Lifetime value about 30 months or $15,000. Hello, everyone. My guest

today is Tom Eric von Martinson. Wherever he worked and whatever he was doing, his goal was always to make things easier, faster, and better.

Some call it lazy, but he uses the title simplifying evangelists.

Now that smartphones are approaching a penetration of 90% in Norway and most other developed countries, it's time to use them for something smart.

That's what he's focused on.

Tom, Eric, are you ready to take us to the top?

Yeah, that's fine.

I'm ready.

All right. What is checked and what's your revenue model? How do you make money? Well, checked is a SOS, enterprise SOS, B2B solution.

So it's a monthly based subscription model.

We are mainly focusing on the construction industry.

That's great.

And what does a construction company pay you per month on average?

Well, the average is about $400 US dollars.

And what do they get for that?

They get a communication tool where the communication is done visually in the floor plans and facade drawings

of the building. So instead of sending emails and SMS, they actually just pinpoint the problems

...