No Result
View All Result
NEWSLETTER
LATKA - B2B SaaS Blog
  • Full SaaS Database
  • SaaS 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
  • SaaS 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 Bootstrapped

Why Predictleads Won’t Sell for 2x Revenue Today

by Doug Podgorny
May 21, 2019
in Bootstrapped, CRM & Related Software
2 min read
0
Why Predictleads Won’t Sell for 2x Revenue Today
1.9k
VIEWS
Share on FacebookShare on Twitter

Understanding the competitive landscape of your industry and market is critical for any business looking to identify opportunities and stay ahead of trends. When your competitors make big moves, you never want to be the last to hear about it.

Predictleads was built to detect new technology trends and companies behind them by scouring millions of news articles, job postings, websites and more every day. Their technology crawls billions of informational pieces each day and uses machine learning to extract signals for VCs, corporate strategy groups, and more.

How much is Predictleads doing in ARR?

Predictleads is a pure-play SaaS company that charges its customers on an annual basis. Their plans range from $6k to $50k annually, with the average customer paying $12k each year, at this point in time.

The company has scaled to 30 paying customers since launching in 2015 and is currently on track to hit $300k in ARR by the end of 2018. According to CEO Roq Xever, the company has more than doubled year over year and has grown from just $40k in revenue 12 months ago.

What is Predictleads’ churn?

While still a young business, Predictleads has yet to churn any customers. The company recently pivoted from a pay-per-lead basis to a SaaS model and has not lost any clients since the transition.

With just 6 full-time employees in Slovenia, Predictleads has yet to explore cost acquisition cost and lifetime value models.

How much has Predictleads raised?

Predictleads has grown to scale with just $15k in total outside capital to date. The funding comes from their move to exchange 8% equity for a position in a Dutch accelerator. Xever credits this move for a large portion of their growth due to the comradery built working on the project abroad.

When asked if he would sell the company for 2x annual revenue today, Xever vehemently denied. With so much time invested in building the business, the entire Predictleads team is excited about the growth ahead of them. Going forward, the leadership team’s goal is to pursue an $8M valuation and then explore potential exit opportunities.

Recommended

Sprinklr Hits $300m Revenues, 1200+ Customers, Will CEO Ragy Thomas IPO Next?

Sprinklr Hits $300m Revenues, 1200+ Customers, Will CEO Ragy Thomas IPO Next?

Marketing Intelligence Software

1 year ago
Can Riddle, With 10% YoY Growth, Scale Into Their Valuation?

Can Riddle, With 10% YoY Growth, Scale Into Their Valuation?

Office Software

2 years ago
  • Trending
  • Comments
  • Latest
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

December 15, 2020
How ClickFunnels Built a $100m Revenue Empire, $1 Billion+ Exit Feb 1st?

How ClickFunnels Built a $100m Revenue Empire, $1 Billion+ Exit Feb 1st?

Bootstrapped

December 15, 2020
2019 Mega List of 150+ SaaS Black Friday Deals

2019 Mega List of 150+ SaaS Black Friday Deals

News

November 13, 2020
Top SaaS Companies in Canada

Top SaaS Companies in Canada By Revenue in 2019

Analysis

February 9, 2020
How to Calculate Churn Rate: The Ultimate 2020 Formulas for SaaS

How to Calculate Churn Rate: The Ultimate 2020 Formulas for SaaS

Customer Acquisition Cost (CAC): How To Calculate & Understand – 2020 Guide

Customer Acquisition Cost (CAC): How To Calculate & Understand – 2020 Guide

Vista-Fueled XactlyCorp Closed “Largest” 1st Year Contract Size Ever Last Month

Vista-Fueled XactlyCorp Closed “Largest” 1st Year Contract Size Ever Last Month

What Should My Price Point Be If I Want a $100m Company?

What Should My Price Point Be If I Want a $100m Company?

FullFunnel.io featured image

How B2B Marketing Agency Fullfunnel.io CEO Used $250K 2020 ARR to Fund SaaS Startup

Bootstrapped

March 6, 2021
Chargify Hits 2k Customers, $20 Million Revenue, Finally Topple Zoura?

Chargify Hits 2k Customers, $20 Million Revenue, Finally Topple Zoura?

Uncategorized

March 7, 2021
Globechain CEO May Al-Karooni

How ESG Marketplace Globechain Jumped from £200K to £1.5 Million Run Rate in 1 Year

E-Commerce Software

March 4, 2021
A photo of ScholarshipOwl CEO David Tabachnikov leading a summit.

How a Blog Founder Grew His 1st SaaS Product to $4 Million ARR

Analytics Software

March 2, 2021
Currently Playing

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
  • SaaS 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

391 of the biggest SaaS CEO’s and Investors are talking in a private slack group