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SaaS Interviews with CEOs, Startups, Founders

Profitable SaaS Hits $100m Revenue, $1.7b Valuation in Digital Identity Space

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6683 Ratings

🗓️ 16 January 2022

⏱️ 20 minutes

🧾️ Download transcript

Summary

Digital Identity.

Transcript

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0:00.0

So just to sum that up, $394 million total around $150 million went on the balance sheet of the business.

0:05.1

244 million of it went to early employees, early angel investors, the founder, liquidity.

0:09.6

It was a 1.7 post-money valuation.

0:11.7

And Steve, about what revenue run rate today?

0:14.8

So I think we're pretty public about this.

0:16.7

We're approaching right around $100 million, U.S.

0:23.4

You are listening to Conversations with Nathan Latka,

0:26.8

where I sit down and interview the top SaaS founders,

0:30.3

like Eric Wan from Zoom.

0:32.5

If you'd like to subscribe, go to getlatka.com.

0:36.6

We've published thousands of these interviews, and if you want to

0:39.3

sort through them quickly by revenue or churn, cack, valuation, or other metrics, the easiest way to do that

0:45.6

is to go to getlatka.com and use our filtering tool. It's like a big Excel sheet for all of these

0:50.7

podcast interviews. Check it out right now at GitLatka.com.

0:56.7

Hey folks, my guest today is Steve Munford.

0:58.9

He has nearly two decades of executive leadership experience in the technology industry

1:02.3

and currently serves as a CEO of TrueU Software, a leader in digital identity.

1:06.3

Previously, he held leadership and board positions with a number of public and private

1:09.1

software companies in North America and Europe.

1:11.2

He holds a BA in economics from the University of Western Ontario and an MBA from Queens

1:15.1

University. Steve, you ready to take us from the top? Sure thing, Nathan. All right. Digital identity

1:20.5

is hot. Metaverse. We have we have Jumio on blockchain. We've got all these tools that

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