No Result
View All Result
NEWSLETTER
LATKA - B2B SaaS Blog
  • Full SaaS Database
  • Metrics
    • ARR
    • ARPU
    • ACV
    • CAC
    • Churn Rate
    • Run Rate
    • TCV
  • Analysis
  • Lists
  • Bootstrapped
  • Venture Backed
  • By Revenue
    • <$1m
    • $1-10m
    • $10-50m
    • Unicorn ($100m+)
  • By Category (A-E)
    • Analytics Software
    • Artificial Intelligence Software
    • Collaboration & Productivity Software
    • Content Experience Software
    • Content Management Systems
    • CRM & Related Software
    • Development Software
    • Digital Advertising Platforms
    • E-Commerce Software
    • ERP Software
  • By Category (H-Z)
    • Hosting Providers
    • HR Software
    • IT Management Software
    • Office Software
    • Online Appointment Scheduling Software
    • Project Management Software
    • Security Software
    • Supply Chain & Logistics Software
    • Value-Added Resellers (VARS)
    • Vertical Industry Software
  • Full SaaS Database
  • Metrics
    • ARR
    • ARPU
    • ACV
    • CAC
    • Churn Rate
    • Run Rate
    • TCV
  • Analysis
  • Lists
  • Bootstrapped
  • Venture Backed
  • By Revenue
    • <$1m
    • $1-10m
    • $10-50m
    • Unicorn ($100m+)
  • By Category (A-E)
    • Analytics Software
    • Artificial Intelligence Software
    • Collaboration & Productivity Software
    • Content Experience Software
    • Content Management Systems
    • CRM & Related Software
    • Development Software
    • Digital Advertising Platforms
    • E-Commerce Software
    • ERP Software
  • By Category (H-Z)
    • Hosting Providers
    • HR Software
    • IT Management Software
    • Office Software
    • Online Appointment Scheduling Software
    • Project Management Software
    • Security Software
    • Supply Chain & Logistics Software
    • Value-Added Resellers (VARS)
    • Vertical Industry Software
NEWSLETTER
LATKA - B2B SaaS Blog
No Result
View All Result
Home Office Software

Can Voxpopme Raise $10M on a $30M Valuation?

by Nathan Latka
March 29, 2020
in Office Software, Venture Backed
2 min read
0
Can Voxpopme Raise $10M on a $30M Valuation?
2.2k
VIEWS
Share on FacebookShare on Twitter

Customer feedback is a critical input for any brand looking to remain competitive long-term. Understanding how your users feel about your products and services is crucial when crafting your strategy and determining your product mix.

Today, Voxpopme is helping brands better understand customer feedback by giving them deeper connections to their audience through video interactions. Their platform uses a mobile application to capture video testimonials, transcribe the content, and provide sentiment analysis, giving brands the insights they need to keep moving forward efficiently.

How much is Voxpopme doing in MRR?

Voxpopme charges its clients on both a subscription and campaign basis. With product line pricing between $10 and $35 per video response, the average customer is currently paying them $40-50k annually.

According to CEO Dave Carruthers, the company is serving 240 total customers today and is generating $400k in MRR right now. Voxpopme is growing ARR 25-30% quarter over quarter and is up from $250k in MRR 12 months ago.

What is Voxpopme’s churn?

Voxpopme’s impressive growth is due in large part to their healthy customer retention. Carruthers mentioned that the company is exhibiting 3-5% net negative revenue churn at this point in time.

In terms of customer acquisition, Voxpopme is paying $6k to acquire a new customer and is receiving payback within 6 months. Additionally, they model their minimum LTV at $150-200k over 3 years.

How much has Voxpopme raised?

Voxpopme has raised $5M in total capital to date. Going forward, Carruthers noted that the company is looking to raised $10M in a Series B at a $30M pre-money valuation right now. This round will be allocated to growth channels and customer success.

Founded in 2013, Voxpopme has grown their U.S. presence significantly in the last 2 years and is looking to use their new capital to continue this trend.

 

Tags: $1-10m

Recommended

Sulekha

Sulekha CEO Satya Prabhakar The $30 Million Marketplace Out of India

Service Marketplace

11 months ago
smith.ai

Smith AI Breaks $22m ARR Helping Companies Manage Voice, Chat Support, $100m Cap, Burning $300k per Month

B2B SaaS

2 months ago
  • Trending
  • Comments
  • Latest
How ClickFunnels Built a $160m Revenue Empire, $5 Billion+ Exit in 2023?

How ClickFunnels Built a $160m Revenue Empire, $5 Billion+ Exit in 2023?

Bootstrapped

January 16, 2023
16 Steps Outreach.io Took To Build a $1.1 Billion SaaS Company

16 Steps Outreach.io Took To Build a $1.1 Billion SaaS Company

Analysis

March 13, 2022
Top SaaS Companies in Canada

Top SaaS Companies in Canada By Revenue in 2019

Analysis

February 9, 2020
Top 100 San Francisco SaaS Companies

Top 100 San Francisco SaaS Companies

News

April 14, 2020
Stratifyd: 0% Churn on $300k in MRR

Stratifyd: 0% Churn on $300k in MRR

Why Fixing Hotel Operations Has Netted RoomChecking $45k in MRR

Why Fixing Hotel Operations Has Netted RoomChecking $45k in MRR

How Brax Crossed $40k in MRR with Just 3 Employees

How Brax Crossed $40k in MRR with Just 3 Employees

How Skycision Has Used Drones to Help Farmers and Cross $11k in MRR

How Skycision Has Used Drones to Help Farmers and Cross $11k in MRR

Customers.AI

His First Exit Was for $200m, His Next Startup Hit $1m Then Almost Failed, Now 100% YoY Growth at Customers.ai with unique LLM model

B2B SaaS

September 19, 2023
Agilence

The $30m ARR Battle: How 1 VC Forced a 5x Exit When Restaurant SaaS CEO Wanted to Keep Building

B2B SaaS

September 7, 2023
Prism.fm

How this SaaS For Music Venues Survived Covid Then hit $3m ARR

B2B SaaS

September 7, 2023
Carbide Security

How Cyber SaaS Hit $2m ARR and 190 Customers So Fast

Uncategorized

August 31, 2023

Popular Posts

What Is ARR? 2020 Guide

15 Types Of Revenue Models

Run Rate: Why Is It Important? 

How Do You Increase ARPU?

What Is Burn Rate?

Venture Debt: 50+ Options

How To Calculate Revenue Growth

Rule Of 40 For SaaS

SaaS By City

San Francisco

Boston

Chicago

New York

Seattle 

Atlanta

San Diego

Los Angeles

SEE ALL

SaaS By Industry

Analytics

Collaboration & Productivity

Content Management

CRM

ERP

HR

Healthcare

Marketing

SEE ALL

Learn More

SaaS Database

Community

Podcast

Magazine

Book

© Nathan Latka, Inc. Palo Alto, CA

No Result
View All Result
  • Full SaaS Database
  • Metrics
    • ARR
    • ARPU
    • ACV
    • CAC
    • Churn Rate
    • Run Rate
    • TCV
  • Analysis
  • Lists
  • Bootstrapped
  • Venture Backed
  • By Revenue
    • <$1m
    • $1-10m
    • $10-50m
    • Unicorn ($100m+)
  • By Category (A-E)
    • Analytics Software
    • Artificial Intelligence Software
    • Collaboration & Productivity Software
    • Content Experience Software
    • Content Management Systems
    • CRM & Related Software
    • Development Software
    • Digital Advertising Platforms
    • E-Commerce Software
    • ERP Software
  • By Category (H-Z)
    • Hosting Providers
    • HR Software
    • IT Management Software
    • Office Software
    • Online Appointment Scheduling Software
    • Project Management Software
    • Security Software
    • Supply Chain & Logistics Software
    • Value-Added Resellers (VARS)
    • Vertical Industry Software

©Nathan Latka, Inc. Palo Alto, CA

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In