Top Right 📈
Nov 16, 2023
Shiv Deepak Muddada after spending a decade as HackerRank(YC 11) Founding Engineer, has started working on building Touch. Chris, fmr Zapier Data Scientist concluded his first month with Touch. 🥳
In his first week Shiv has already delivered Self Serve v1.
Customer Success was our primary focus in Oct, as we transitioned to a usage based pricing model.
KPI’s
Annual Recurring Revenue: $26,277
Growth(monthly avg): 95%
Highlights:
Users: MAU = 69 (130% MoM). WAU = 8.
Usage: Emails sent - 992 (512% MoM)
Early Access: Organic early access requests peaked in Oct.
80 Million contacts: We now have a database of 80 million US decision makers. This lays the foundation of our Seller <> Buyer matching platform.
Lowlight:
Was unable to convert Techolution from Fintech use case to using Touch for sales. We refunded $2k as a result.
Yet to deliver on the Sales Copilot contract with TPC($16k ARR). Payments not received on this. On the other hand, same customer has doubled usage of their first fully paid contract (Prospecting Automation)
Shoutouts:
Once again Bharat continues to support our hiring initiatives. Grateful for his consistent support.
What to expect:
Increased focus on Customer Success and Fundraise.