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SaaS Interviews with CEOs, Startups, Founders

He got 17 customers to pay $80k/yr up from $40k/yr 1 year ago for Employee Onboarding SaaS

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Entrepreneurship, Business

4.6702 Ratings

🗓️ 27 December 2022

⏱️ 21 minutes

🧾️ Download transcript

Summary

Employee Data & Onboarding Orchestration.

Transcript

Click on a timestamp to play from that location

0:00.0

You are listening to conversations with Nathan Latka, where I sit down and interview the top SaaS founders, like Eric Wan from Zoom.

0:13.6

If you'd like to subscribe, go to getlatka.com. We've published thousands of these interviews,

0:19.5

and if you want to sort through them quickly by

0:21.8

revenue or churn, cack, valuation, or other metrics, the easiest way to do that is to go to

0:27.4

gitlatka.com and use our filtering tool. It's like a big Excel sheet for all of these

0:31.9

podcast interviews. Check it out right now at getlatka.com. Heidi was launched back in 2017.

0:39.4

They sold 17.5% of the company and raised 400K to get going.

0:42.8

Now they've hit $1.5 million in ARR up from $600 grand in ARR just a year ago,

0:47.9

having raised under a million bucks.

0:49.2

They raised another 600K last year at 3.2 posts.

0:51.7

So they've been, I'd say, very capital efficient.

0:53.6

Team at 3.2 posts. So they've been, I'd say, very capital efficient, team at 27.

0:54.5

They're trying to help you onboard your new employees faster. They're doing the enterprise space,

0:58.7

big companies, onboarding 1 to 2,000 new employees per month. And that's how they price fee,

1:03.3

80,000 bucks per year, then utility base fee on top of that based up the volume of new onboard

1:07.2

you're completing each month. Hey, folks, my guest today is Kieran Menon.

1:11.9

He's the co-founder and CEO of Tidy, TY, D-Y, the employee data and onboarding platform.

1:16.7

He started Tidy after 17 years of sales and consulting experience and previously ran sales

1:20.6

for Opera Software, the browser and advertising company.

1:23.5

Kieran, you ready to take us to the top?

1:25.7

I am, Nathan.

1:26.9

Let's do this.

...

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