4.6 • 683 Ratings
🗓️ 30 November 2022
⏱️ 19 minutes
🧾️ Download transcript
AI-Powered Connected Vehicle Data Platform.
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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. |
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0:37.8 | Guys, they charge insurance companies, aftermarket companies, and connected fleet companies, |
0:45.6 | anywhere between $70,000, $100,000 per year, seven customers today. |
0:49.4 | They just started selling five months ago, already at a 600,000 run rate. |
0:52.3 | They think the end to 2022 at a $1.2 million |
0:55.0 | run rate. They're basically giving all the speed data, acceleration data from your car back to |
1:00.2 | GEICO. So GEICO knows how to price your insurance, right, or so you can get a cheaper rate. |
1:04.3 | That's sort of a good example. They raised a $5.5 million series A last year, sold between, |
1:08.9 | call it 10 and 20 percent of the business doing that. Team of 36 today, |
1:11.3 | they control their burn, which is net burn $150,000 per month right now by having their engineering |
1:15.9 | team in India. They've got plenty of runway, though, to continue to drive growth. Hey, folks, my guest |
1:20.6 | today is Sandeep Ranjani, is the CEO and co-founder of Sarah Brum X, a company that focused |
1:24.9 | on unlocking the value of the connected vehicle, before |
1:28.2 | joining the company served as the SVP and GM of Automotive Service Business Unit at Harman |
1:32.0 | International, leading the connected automotive cloud, aftermarket, OTA, and cybersecurity |
1:36.7 | businesses. Over the 28 years of experiencing the automotive and communication industry, he's |
1:41.4 | extensive experience in creating and successfully launching secure |
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