In the connected world we live in today, your business needs to be constantly aware and in tune with what your customers are saying about it. If you’re not monitoring the sentiment among your audience, you will inevitably miss out on valuable feedback and opportunities.
IntellaSphere has been built to provide tools to help companies boost sales and measure brand awareness. Their simple, easy to connect system increases brand loyalty, grows reputation and harnesses word-of-mouth.
How much is IntellaSphere doing in MRR?
IntellaSphere is a SaaS business that combines their software offering with professional services. From a SaaS perspective, the business operates on a freemium model with their paid solutions ranging from $49 to $99 monthly. According to CEO Bruce Worrall, the average customer pays IntellaSphere around $79 per month today.
Founded in 2015, the company has operated their software in beta to this point and soft-launched in early 2018. IntellaSphere has landed 30 total customers and is doing roughly $2k in MRR right now. With professional services factored in, the company is doing around $10k in total monthly revenue, Worrall explained.
How is IntellaSphere landing new customers?
Being a marketing a business at their core, IntellaSphere has landed new deals through a variety of tactics and channels. From a software perspective, digital advertising has been their main channel for acquiring new customers, but the company has also landed enterprise contracts through thought leadership and other awareness-building activities.
How much has IntellaSphere raised?
Founded more than four years ago, IntellaSphere has been built using $1.5M in venture capital and “hundreds of thousands” of the founder’s own capital. Worrall noted that the founding team has not taken a salary in the entire operation of the business to this point, but feels that their product is finally in a marketable position.
IntellaSphere’s team of 35 full-time employees is split between India and the U.S.