4.6 • 683 Ratings
🗓️ 23 August 2023
⏱️ 18 minutes
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Taregeting $2m raise at a $12m valuation to take on data tool Apollo.ai. Will they be able to justify the valuation considering $25k in MRR from 163 paying customers?
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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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0:34.9 | Getluna.dev, they're helping sales teams and digital agencies send emails. |
0:38.8 | They're doing 24,500 a month right now on revenue up from a thousand a month a year ago. |
0:43.0 | So growing nicely, 350,000 pre-seed round at a 6 million valuation back in 2022, |
0:47.1 | targeting a 2 million round now at maybe a 12 million valuation. |
0:50.0 | He'll see what he can do. |
0:50.7 | But he's got 163 customers paying for this tool at about 140 bucks per month with a team of three. So scaling nicely, taking advantage of the AI trend. The trick is, |
0:58.9 | can they crack email and email reply rates, which he believes they generate an industry and |
1:03.0 | industry average above market response for right now, which is 4.57%. We'll see what happens. |
1:09.4 | Hey, folks, my guest today is Stephen Nellman. He's raised 20 million bucks for his startups |
1:13.4 | and built a 70 million startup at 19 that became one of the fastest growing Dutch tech |
1:16.9 | startups. He's now working on Luna, building the best salesperson that anyone can hire. |
1:21.0 | It's not just human. It's an AI. Stephen, you ready to take us to the top? |
1:24.7 | Sure am. Okay. My audience is always skeptical about like, you know, |
1:28.1 | AI sales tools because they hate all the spam they get in their inbox every day. So help |
1:31.7 | break through that. Yeah. That's an interesting thing to let you say that because that's also |
1:36.8 | one of the reason that we actually jumped on this because, of course, we get a lot of emails as well. |
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