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Slintel

New Delhi, India

Valuation

$100M

2021 Revenue

$6M

Customers

200

Funding

$26M

Avg ACV

$30K

Team

100

Founded

2018

Slintel Revenue, Valuation & Funding (2021)

Slintel generated $6M in revenue in 2021.

Slintel is a B2B SaaS sales intelligence platform founded in 2018 that tracks technographic signals across roughly 15 million companies, 40,000 technologies, and 250 million people profiles. The company identifies buying intent by analyzing digital footprints that technologies leave across 12 to 15 data sources, offering customers a fact-based alternative to search-based intent tools.

Slintel grew revenue from $100,000 ARR at founding to $6 million ARR by mid-2021, a roughly 500 percent increase in 2020 alone. In June 2021 the company closed a $20 million Series A led by GGV Capital at a valuation above $100 million, having previously raised $4.2 million in 2020.

The company serves approximately 200 customers on annual contracts, runs a 100-person team including 30 engineers and 10 product managers, and operates a sales organization of 30 people plus 10 customer success managers. Anupreet Singh, who leads sales at Slintel, spoke with Nathan Latka in June 2021 about the company's growth trajectory, sales compensation structure, and go-to-market strategy.

Last updated

Slintel Revenue

Slintel generated $100,000 in ARR in its first year of operations, 2018, when founder Deepak Anchala was closing most deals himself. By the time Anupreet Singh joined the company, ARR stood at $100,000. The company then grew approximately 500 percent in 2020, reaching $1.2 million in revenue for that year.

Slintel Revenue GrowthReported revenue / ARR over time$0$1.5M$3M$4.5M$6M$7.5M2018201920202021$0$1.2M$6MSource: GetLatka.com interview on Jun 10, 2021 with Anupreet Singh
YearMilestoneSource
2021Slintel Hit $6m revenue in June 2021Watch[1]
2020Slintel Hit $1.2m revenue in June 2020Not recorded
2018Launched with $0 revenue

By June 2021, Slintel was running at roughly $500,000 per month in revenue, equating to a $6 million annualized run rate. Singh described the trajectory as nearly doubling every quarter at the time of the interview, with the prior year showing $100,000 per month in revenue growing to $500,000 per month, a five-times increase year over year.

GetLatka estimates that if Slintel sustained even a decelerated growth rate of 100 to 150 percent annually from the $6 million mid-2021 run rate, full-year 2022 revenue would fall in a range of roughly $10 million to $15 million. That projection is a GetLatka estimate based on the trailing growth rate and assumes meaningful deceleration from the 500 percent pace recorded in 2020; it was not confirmed by Singh or the company.

Slintel Valuation, Funding Rounds

Slintel reached a $100M valuation in 2021, set during its Series A round.

Slintel has raised $26M in total funding across 4 rounds, most recently a $20M Series A round in 2021.

Slintel Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$25M$6M$50M$12M$75M$18M$100M$24M$125M$30M2018201920202021$20M$100MSource: GetLatka.com interview on Jun 10, 2021 with Anupreet Singh
YearRoundAmountValuation% SoldSource
2021Series A$20M$100M20%Not recorded
2020Funding round$4.2M$20M21%Not recorded
2019Seed$1.5M--Not recorded
2018Pre-Seed$300K--Not recorded

Founder / CEO

Deepak Anchala

CEO

Deepak Anchala is the founder and CEO of Slintel. He previously worked at Eightfold, an HR Tech company, and that background directly shaped Slintel's first 10 to 20 customers, who came from the HR Tech vertical. Anchala is based in the United States and was described by Singh as one of the only members of the leadership team located in the US at the time of the interview.

Anupreet Singh, who was the guest in this interview, leads the sales function at Slintel. He was among the first 10 employees and joined when the company had $100,000 in ARR. Singh noted he has been leading sales functions since age 26 and was 29 at the time of the interview, describing himself as one of the youngest sales leaders running a function of this scale in the industry. He previously worked at Mettl, which was subsequently acquired by Mercer. Singh holds equity in Slintel and has experienced dilution through the funding rounds.

Net worth for either Anchala or Singh was not discussed in the interview and cannot be estimated with sufficient basis from the available data.

Q&A

QuestionAnswer
What's your age?32

Customers

Slintel had approximately 200 customers as of June 2021, a milestone Singh described as recently achieved. All contracts are annual only; the company does not offer monthly billing. Upsell levers include the number of seats and the number of export credits used to push data to CRMs such as Salesforce or HubSpot. Unused credits roll over to the following year rather than expiring, and there is no per-user monthly export cap. Slintel does not tier its product by feature; all customers receive the full platform.

The company's first 10 to 20 customers came from the HR Tech vertical, driven by the founders' prior industry relationships. Slintel subsequently expanded into staffing and then broader industries. Specific pricing per seat was not confirmed by Singh in the interview, though the host referenced an approximate figure of $2,000 ARPU that Singh did not explicitly confirm on the record.

Slintel serves 200 customers.

Slintel Business Model

Slintel sells exclusively on annual contracts with no monthly option. Revenue is generated through seat-based pricing and export-credit upsells, with no feature-gating across tiers. The company reported a net revenue retention rate of 110 percent at the time of the interview, driven by upsells of roughly 30 percent offsetting logo churn of approximately 10 to 20 percent.

Singh set a minimum acceptable net dollar retention threshold of 90 percent for the customer success team, with a stated target of reaching 120 to 130 percent NDR within six months of the interview. He attributed the current mix to a legacy base of small accounts, including companies with fewer than 50 employees that sometimes shut down after one year, and noted the company was shifting its focus toward enterprise and Fortune 500 customers following the Series A.

Each of the 10 customer success managers carries a book of business of approximately $1 million and is compensated with a 4 percent commission on upsells in the first year, plus $500 SPIFFs for discrete achievements such as securing a video testimonial, a G2 review, or a customer reference. Account executives carry a monthly quota target of $30,000 in new ACV, though Singh noted most AEs were significantly overachieving, with the team of 10 AEs collectively adding an estimated $500,000 to $600,000 in new ACV per month. The per-AE commission structure mirrors the CSM model: 4 percent of the deal value for the first year only, not in perpetuity. Profitability was not discussed in the interview.

Point-in-time figures shared on the GetLatka podcast, each linked to the exact moment it was said on camera.

Customers (2021)

200

“Anupreet Singh: We have 200 customers today. We've recently hit that number of 200.”

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Slintel Employees & Team Size

Slintel had a total team of more than 100 people as of June 2021. The engineering team numbered approximately 30, supported by 10 product managers. The sales organization comprised roughly 30 people: 20 SDRs split between inbound and outbound functions, and 10 account executives. An additional 10 customer success managers operated in a separate vertical reporting outside the sales function. Singh noted that most of the leadership team was based in India, with Deepak Anchala being one of the few US-based leaders, and that the company planned to expand US hiring aggressively following the Series A.

Slintel employs approximately 100 people as of 2026, including 30 sales reps that carry a quota. It serves 200 customers that rely on its solutions.

Slintel Team GrowthReported headcount over time · latest figure estimated0255075100125201820192020202100100100Source: GetLatka.com interview on Jun 10, 2021 with Anupreet Singh
YearMilestoneSource
2021Reached 100 employees (June 2021)Estimated

Frequently Asked Questions about Slintel

Is Slintel still an independent company?

No. Slintel was acquired by 6sense.

What is Slintel's revenue?

As of 2021, Slintel generated $6M in revenue.

Who founded Slintel?

Slintel was founded by Deepak Anchala.

How much funding does Slintel have?

Slintel raised $26M across 4 rounds.

How many employees does Slintel have?

As of 2021, Slintel had 100 employees.

Where is Slintel headquartered?

Slintel is headquartered in New Delhi, India.

Compare Slintel to the industry

Slintel operates across multiple industries. Browse revenue, funding, and growth data for Slintel in each sector below.

Full Interview Transcripts

Slintel Breaks $6m ARR, $20m Raise on $100m Valuation Ready to Take on B2B Intelligence SpaceJun 10, 2021

[00:00] Hello, everyone. My guest today is Anupreet Singh. He's currently leading sales at Slintel, a SaaS sales intelligence platform. He set up sales teams and functions from scratch for various companies and firmly believes that the initial revenue target is achieved only when the entire organization works with grit to support those initial sales reps. Anupreet, you're ready to take us to the top? [00:18] >> Hey. Hey, Nathan. Thanks a lot for having me on the session. [00:21] You bet. So before we jump into how you're building the sales team at Slintel, let's just get an overall of the company. Right? So, you know, are you sort of in the ZoomInfo, Bombora, B2B intelligence space? [00:30] >> Absolutely. And I'm, you know, very, excited about that space at large, you know, the way all of us have grown in the last two, three years. It's amazing. [00:38] So how are you picking you must have some trick you guys use, whether it's a sales script or a piece of product or tech code that you have that ZoomInfo doesn't have, but how are you picking customers off from the legacy players? [00:48] >> Very good questions. So, know, Nathan, what we do is that we have algorithm that goes out in the web. We try to understand digital signatures that technologies leave when someone is using them. By which I mean, you know, there are different places in which a particular technology would leave additional footprint. Like for example, Salesforce gives you a dedicated login URL, which would have your company name.my.salesforce.com, which means that each of the customer of Salesforce will [01:12] >> have a dedicated login URL. We have means to understand you know which URLs have been dedicated to which companies out there. Similarly, some companies would ask you to install a JavaScript in their HTML source code or in the JavaScript of their front end of the website And we would have means to identify which companies have have a mention of that JavaScript that has been given by that technology. And then there are a lot of, you know, [01:33] >> technologies that leave a good footprint behind the firewall. By which I mean, you know, for example, mainframes. It's a very, very old programming language, but the additional footprint could be in the job description wherein, say, a company that is using mainframe might mention in the job description that, Hey, we need experience working with COBOL and JCL and DB2, all the mainframe technologies. That gives us an indication that, Hey, this company is on mainframes today. So, go [01:57] >> to around 12 to 15 different sources and the number of sources is the trick and the frequency at which we refresh our digital signatures and the frequency at which we go out on the web and get this information together is the trick, which is [02:08] helping Do you feel like you have identified leading indicators that others like Bombora, ZoomInfo, others they [02:14] >> have not identified yet? Absolutely. So, Bombora follows a very different way to identify intent. Say, they do search based intent which is very different from technographics based intent. So, we believe more like in facts than assumptions, if I may put it that way. So, we share fact based intent which is based on which company is using which technology. Have they recently started using a technology in your ecosystem? Like if you notice, right, a lot of companies [02:39] >> fall into similar ecosystem. Like someone has just purchased a CRM, they might purchase a sales engagement tool next, they might purchase a database tool next. Right? So, that leading indicator of which company has just purchased the tool is our leading indicator for buying intent scores. And then we toss it up with which company got recently funded, which company has been growing their number of employees, which company has a lot of job postings to further give an [03:02] >> indication which companies will be investing in which kind of tools in the near future. Bombora does intent based on searches. So based on, you know, who is consuming what content on the internet. And I'm not sure how it's doing for them right now, but because of people working from home, they believe that search based intent is not as accurate as it used to be because it's based on IP addresses and all of that. [03:23] So, with this product understanding, right, I think my audience understands this now, what are customers paying on average per month to use this technology? [03:42] Dollars per Are you upselling against anything else? And this is now getting into your sales world. Are you upselling against anything else besides number of seats? [03:49] >> We are. We also, upselling on the basis of number of export credits that they require. So, the more the number of exports that they need from our platform to their CRM, like Salesforce or HubSpot. That also is the number of [04:00] exports and if so, do you roll them into the next Yes, year if you don't use [04:04] >> we roll them into the next year. [04:05] Okay. So, you're a nice guy. You don't make them disappear, [04:08] >> Absolutely. And we don't have a monthly limit. Most of our competitors do, like per user per month kind of a limit. We don't have that. So, we give you a pool of credits. You can decide to use as many per user as you want. You might want, say, 10 of your users to not export at all because they can just view everything on the platform and do their research, while five sales ops people would need exports [04:27] >> to CRMs or to CSVs. So, you know, that's totally fine with us. [04:31] Are you up so so you have a usage based upsell and number of credits. You've got a seat based upsell, which is obvious seats. The last pricing axis you like to see is obviously feature based upselling. So are do you do any feature based upselling? [04:44] >> We actually don't. We don't piecemeal our product. We don't like to, So, like to give the full blown platform to everyone that comes on board. The reason being that we see organic upsells and organic renewals when someone is getting success out of the platform and in our case success is directly related to revenue. So, if they are making revenue using our platform, they will definitely upsell, they will definitely renew. So, for us, giving them everything that [05:09] >> they need to get to those revenue goals is our motto and we don't limit them to the extent of features that they can use on the platform. [05:16] Anupreet, teach us about churn, right? So, when you look at your gross revenue churn over the past twelve months, what was it? [05:23] >> We've seen 110% as our NRR. So, mostly we've seen that, you know, if there is around ten-twenty percent companies that are churning, against that we are able to upsell around 30%. So, so far we are maintaining a pretty healthy NRR so far. We've been in the business only for the last two-three years, so, you know, it's very early to kind of predict the churn rates annually, but we're doing pretty fine so far. [05:48] So, you launched in 2018? [05:50] >> We did. So, first one point five year was all about building the product and then we went into the [05:55] GTM side of things. So you were there in the early days, I believe. What employee number were you? [06:02] >> I was in the first 10. [06:03] Okay, first 10. Great. So, question for you. I mean, how did you guys get your first five customers? [06:09] >> Very interesting. So first five customers, like anyone else was more from, you know, friends and families. Started reaching out to companies that we've worked at and organically, we started doing very well in the HR tech side of business because Deepak, the Founder is from Eightfold. I am from Mettl, which now got acquired by Mercer. So, you know, both of us have an HR Tech background. So initial few customers were from HR Tech for those reasons. Then [06:32] >> staffing companies started coming in organically when we started closing to HR Tech. And then we expanded into other industries. So first ten-twenty customers were from the HR Tech for those reasons and they're still sticking around with us, giving I us a fresh [06:43] always like to ask that first year of operations. It's usually an embarrassing number, but it's part of the process. Do you remember what that first year revenue was? [06:51] >> Yeah. So before I joined, the total revenue of the company was $100,000 and that was like kind of first year revenue where the founder was trying to sell most of the deals himself. And then the second year was a very [07:03] poor You joined in like 10 ks of MRR then? [07:05] >> Yeah. We do only do annual deals. We only do annual deals. So, it was 100 ks ARR when I joined them. And from there was the actual, you know, massive journey that we've taken so far. We just announced our Series A today, by the way, with GGV Capital for $20,000,000 So we've closed two rounds in the last six months. So we've just expanded very, very fast in the last two years. [07:26] We'll talk about the $20,000,000 raise today, the $4,200,000 last year and even the initial $300 back in 2018. But first, want to understand how we're getting customers now today. Right? So what's the sales motion look like today? [07:40] >> So we have SDRs and account executives in place. We have further divided the SDRs into inbound and outbound. Most of our revenue today comes from inbound. We do massive ad campaigns against our competitors. We do massive investment in our SEO. By nature, our SEO is pretty strong because we have data of, you know, around 15,000,000 companies, customers of around 40,000 technologies. So, all of that results in a lot of SEO strategy for us. [08:07] But Yeah. I want dive in there for a second. So, on the SEO side of things, have you launched individual landing pages for 15,000,000 companies? So when people search like company x revenue, you rank high or something. [08:18] >> Yeah. We're there. Yes. [08:20] What are those combinations? That's what I'm really interested in because that's the magic to this, right? So it's company name plus what word? [08:26] >> Plus funding plus revenue plus technologies used, you know, plus it could even be at a personal level. So, have around we have a total of two fifty million people profiles on the platform today. So, we're building pages for individual people profiles as well as we speak. [08:41] So, people So, people's plus what keywords? [08:45] >> Yeah. Like, for example, you know, your name plus your designation might land you to our company, you know, page dedicated to you. So, we're trying to, you know, get into that as well so that, you know, the SEO is taking care of itself. There's so many pages. [08:57] How are you outranking others? I mean, you're you're young. Your domain authority on Ahrefs is 29, so that's not great. You want to see like sixty, seventy, 80. How are you outranking others with higher domain authority? [09:07] >> Yep. So I think we know that it will take some time. In terms of our overall, you know, website rank, we are around 10,000 in US as of today. [09:17] 10,000 what in The US? [09:19] >> Our rank is 10,000, Alexa rank is 10,000, which means that, you know, and it was around, I think thirty, thirty five, 40,000 last year, same time. So, we're trying to improvise on those ranks gradually. We're doing better than any other company in any other industry which is three years old. But competing against our own industry for SEO is very, very difficult. The reason being that all of them have the similar strategy of having multiple pages for [09:43] >> multiple companies and multiple people. [09:45] >> It's One of the difficult problems is you're trying to boil the ocean. You're not hyper focused on one business sector. You're trying to do every business possible. So, it's hard to win in one spot. [09:54] Absolutely. Absolutely. This is interesting. Okay. [09:57] >> That's SEO. Let's talk about paid. [09:58] How much did you spend on paid ads last month? [10:01] >> We're spending around 200,000 right now every month, on paid ads. [10:06] And are you the guy that's going, keep doing it or no, shut it off. It's not working. [10:11] >> I am one of the influencers because every time they do a 200,000, I definitely have to maintain CAC and I have to give them that, hey, do I have the capacity? Do I have the, you know, AE capacity to handle those many leads? So, I am one of the influencers, but the decision is taken together by the marketing head and the founder. [10:27] How many leads will $200,000 in paid spend drive? [10:32] >> Right now, so it's very difficult to attribute a lead directly to a paid spend. The reason being that a lot of times people would just search for Slintel, but instead of clicking on slintel.com, they would click on the ad that we run for our own brand. But overall, we're able to drive around, I think around 700 to 800 leads every month. [10:47] Then let me down the funnel, right? So, how many current AEs are on the team? [10:53] >> We have a total of 10 AEs, already expanding that to 15, gradually, and to 20 later this later next quarter. [11:00] And are the AEs the only one that carry a quota? [11:03] >> Yes. Only AEs. [11:05] So so okay. So 10 account executives, 10 how many how many, like, when you add up your entire sales team, SDRs, CSMs, everyone, how how big is that? [11:13] >> The sales team is around 30 people, and then we have a 10 member CSM on top of that. So SDRs around around 20 SDRs, 10 account executives, and 10 customer success managers. [11:22] Do you give your CSM's quota targets for expansion? [11:26] >> We do. Yeah. So, our CSM's carry expansion. Yes. They carry a quota of upsells and cross sells and, you know, maintaining the retention rates. [11:33] Okay. I'm working for you. [11:35] I'm a CSM. I'm a year and a half into my work at Slintel. We're having our one on one performance meeting. What kinds of questions are you like, tell me what my goal is for the next year. [11:43] >> Absolutely. So, you know, you'll be given a certain book of accounts which might amount to somewhere around $1,000,000 for the year. And your goal is to maintain, you know, the $1,000,000 as it is, but while trying to sell, upsell into the accounts that are extremely happy and are, you know, using the platform authority. The ones that are not trying to understand what's going on, try to set up one on one weekly calls with them because, you [12:06] >> know, we want to know if there's anything going wrong, we need to know that immediately. So, if they're happy to do a weekly call with your call with you, you should do that every week with your customers. So, our goal is to keep them happy, see if there's any upsell opportunity and make sure that that $1,000,000 is not slipping away. [12:21] Anupreet, in a year when we have our next call, man, I want to raise. So, I want you to tell me a metric that I have to beat where you're going be really happy with me. What metric do I have to beat? [12:29] >> So, you know, making sure that you're maintaining and managing the most important customers really well and they're able to upsell to even a two x kind of standpoint if, you know, your customers are using our competitors as well. Find means to replace competitors completely in the next one year. We'll see how many customers could you double up in terms of the total number of users, terms of the total number of credits consumed, which kind of indicates [12:52] >> that they're using more of us than the competitor. Because, you know, in our industry, tools coexist. We can coexist with ZoomInfo and Bombora. [13:01] Dollar my retention goal? [13:04] >> We've been maintaining an average of 110, so we'll stick to that for you. [13:07] No, but is that the goal for every CSM? That's what I'm trying to get into here. What is your metric? Okay, so you say here's a million dollar book of business. Your goal is to keep a 110% net dollar, 10% on this million. So, you should grow this million to 1,100,000 ARR in a year. If you do that, Nathan, I'll be really happy with you. [13:23] >> Correct. Anything less than 90 is is is really bad for our company right now. So because anyone who's doing less than 90 is is not anywhere close to our our goals right now. [13:32] That seems really conservative. I mean, you guys, I feel like should be at, a 130, 125% net dollar retention. Why so conservative? [13:39] >> So, we see that the biggest growth comes from only the enterprise customers, the ones that are all from fast growing startups. But we also have a chunk of less than 50 employees customers that kind of churn after one year. A lot of those companies shut down. We So, have to take into consideration that a lot of companies that started working with us because sales intelligence tool is one of the first few tools that companies start using. [14:00] So, those are small ARPU accounts. If they churn, it shouldn't impact your net dollar retention in a big way. [14:06] >> Yeah. But in the first year or two, right, we had a lot of such customers coming at it. So we are moving away from them and we are also focusing a lot more on the 51 and above. So we know that those companies, those customers are still in their pipe. The goal is to definitely go towards one twenty, one thirty in the next six months or so. But today, the book of accounts that we have, we [14:22] >> know that has a mix of both very small accounts as well as relatively larger accounts. And now our focus from here on after this recent raise is going towards enterprises, you know, Fortune 1,000, Fortune 500. So, that's when we can focus on that kind of bonus. [14:37] As a CSM, if I hit 110% net dollar retention, what bonus do I get? How do [14:40] >> you incent me to do that? Quite a few things. So, you get 4% of every upsell that you 4%. Yes. [14:47] Perpetuity? Of every upsell. [14:48] >> Like, 4% flat for the upsell. So, if you upsell $10,000, you get $400 in your bank account. [14:55] Just for the first year? It doesn't go on in perpetuity? [14:58] >> For the first year. [14:59] Okay. Got it. [15:01] >> Yep. We also do it just for the first year for the account executives as well. We don't do it for perpetuity for account executives as well, just for the first year. And then we also give you SPIFFs. So, we have $500 SPIFFs for, you know, every little achievement. So, for example, a SPIFF if you are able to get a video testimonial, a SPIFF if you get a great G2 review, a SPIFF if you are able to, [15:21] >> you know, get a reference from a customer. So, there are a lot of SPIFFs to V1. So, you know, there's a lot of [15:29] Okay. Very good. Is really valuable. We're getting short on time here, so I want to keep digging here. But just to summarize that, you basically give a million dollar book of business to every CSM and they go to 110 net dollar retention. They make 4% of whatever they upsell. [15:40] >> Correct. [15:41] Okay. Talk to me about your first sales hire. What quota did you give them? That's always really hard to figure out. [15:45] >> Absolutely. So, when we started off, we figured out a way to do around $50,000 per month, you know, internally. So we had just one person. First couple of months, there was no quota for that person. Me and that person was trying to, you know, figure out means to deliver $50,000 per month consistently. And once we're able to do $50,000 between the two of us, we started hiring more with a target of $20,000 per month. Just to [16:12] be clear, adding $50,000 in new monthly recurring revenue per month or 50 ks in ACV value? [16:18] >> 50,000 ACV in the beginning per So, these are days when our total ACV was $100,000 right? So, we started from there. In three months, we started doing $50,000 per month of ACV. That was our initial decision. [16:31] You were figuring out the model, you set a quota target of basically $600,000 of new ACV, right? So $50,000 per month, right, for you as the first rep. Then you said, how do I edit this to go hire my first external AE? Talk me through that. [16:44] >> Absolutely. So when we hired, we hired two AEs and two SDRs together. And we tried to make sure that 50,000 even if I am not in the picture, am not going to the demos, we are able to maintain this 50,000 per month consistently. And then we plan ways to go from 50 to 100 which we did eventually in three months. But 50,000 for the first three months was split between three AEs with a target of somewhere [17:06] >> around 20,000 per AE per month. So, we went from two AEs $20,000 per AE per month to three AEs $20,000 per AE per month. Eventually, we started doing thirty-thirty 5 each and we went to 100,000 with just three AEs and then eventually to 150,000 with just three AEs while their target was 30,000 per month. So the thing that we did differently from others was that our targets were still low while they were doing 200% of their [17:30] >> numbers and even today the per AE target is still 30,000 while we have quite a few AEs and most of them are overachieving. So, with 10 AEs we are doing 30,000 per month but it doesn't mean that AEs are only doing $30,000 It basically means that there are some AEs doing 200%, 150%. Anything less than 100, they feel that it's low themselves. So for us, 100 is just the number that you need to meet to be [17:51] >> an average AE. And every good AE is doing 250%. [17:54] So 10 AEs, they're all doing way more than $30,000 in new annual contract value close per month. Many are at a $100. I mean, so what? I mean, you guys are adding like 500, $600,000 a new ACV per month right now, something like that? [18:05] >> Somewhere around that. Yeah. [18:06] Okay. That's great. Now, with all this strategy, now we understand how the whole machine sort of works, How many customers are you now at today? [18:13] >> We have 200 customers today. We've recently hit that number of 200. [18:17] That's great. So, yeah. Can, now can I multiply the 200 times the ARPU you gave me earlier of about $2,000 or you guys are doing about $400,000 per month right now in revenue? [18:27] >> So we just started doing that, right? But yeah, we can. So right now is when we started hitting 500. We, we're doing like almost, two x every quarter, if I'm about it that way. Last year we grew five x. So last quarter was not as big as this quarter. So, yeah. And next quarter will be probably double of this. [18:45] So you're at about $500,000 per month right now in revenue and a year ago, were only at $100,000 per month in revenue for five x year over year growth. [18:52] >> Absolutely. [18:53] That's great. But you've raised a bunch of capital to do it. So why did you guys raise 20,000,000? Why did need it? [18:58] >> It was inbound. We did not need it. To be honest, we did not even spend our 4,200,000, when we got an offer for 20,000,000. There was no way that we would accept it. There was no way that it was on the card, but GGV was a great partner to have. Let me put it that way. They come in with a lot of US experience. You know, our Founder is Indian. Most of our leaders are from India. [19:19] >> We have all the intentions to now start hiring in US pretty aggressively. And that in that next phase of growth, right, we wanted Deepak is one of the only people in the leadership team that is in US right now. Most of our other team members are in India. So while we expand, you know, our US team, we wanted someone from US to participate as an investor. And the partner should be in US, the Board of Directors [19:41] >> should be in US and GGV was a great partner that way. So when we got them on board, the other things that opened up for us was exposure to The US market in terms of hiring, in terms of campus recruitment. They referred us to Stanford. Recently, we had a bunch of interns from Stanford in that virtual campus drive. I mean, lot of things opened up for us, and that's the reason why we accepted that inbound offer [20:00] >> from GGV. [20:01] >> Yep. [20:02] Now, were you early enough to get equity in the business, personally? [20:04] >> Yes. [20:05] Okay. So anytime, obviously, you do a round, right, you're getting you're getting hit, right? There's a bit of dilution. Most series a companies were giving up between, call it, 10 to 20% of the business, like, on that series a round. Were you guys sort of in that range? [20:16] >> Yeah. We were. Absolutely. But I think the valuations are also crazy. The valuation has increased approximately 20 times since I've been hired in [20:24] the What was the we won't talk about today, but the 4,200,000 you raised last year, what valuation did you raise that at? [20:31] >> Somewhere in the range of 15 to 20,000,000 was that valuation. [20:34] That is so crazy. 15 to 20,000,000, so 15 to 20 x the year million dollars in ARR at that time. Yeah. That's crazy. And you said valuation's growing basically 5x year over year? [20:46] >> Revenue is, and yeah, valuation is also in the same page. Yeah. [20:49] Okay. Got it. So, I mean, we can say it in this last $20,000,000 raise you guys, it was above a $100,000,000 valuation. [20:55] >> Yeah. We can say that it's in somewhere in that range. [20:57] Yeah. Okay. Fair enough. Very good. Well, listen. This is interesting. Last question I have. We talked about your sales team. What's your total team size? [21:03] >> Total team size is around 35 right now. [21:06] 30 the total team is 35 and you have 30 on the sale just the sales team? [21:11] >> Excluding the CSM. So CSM's don't really report into the sales function. They have a different vertical altogether. So, the SDR is account executive, sales operation, sales enablement operate, you know, reports into the sales. [21:21] What about like engineers and everybody? [21:23] >> Oh, the total Oh, sorry. I thought you asked me the question Whole around team is, more than 100. [21:28] 100. Okay. Got it. That makes sense. And then what? How many engineers? [21:32] >> Around 30. [21:33] 30. Very cool. [21:34] >> 30 engineers, 10 product managers. Yeah. [21:37] That's great. Let's wrap up here with the famous five. Number one, what's your favorite business [21:42] >> it is actually this one, Good to Great. I just love it by Jim Collins. Also one of the most first few books that I read ever, around sales. So, really like it. [21:50] Number two, is there a CEO you're following or studying? [21:54] >> Quite a few, actually. I like to follow CEOs who are from SaaS ecosystem. So, Girish from Freshworks is one of those CEOs that I follow very, very closely. So, if there's one name, I would say Girish, from Freshworks. [22:06] We will see if they IPO here in the twelve months. I know it's he he's he's really Yes. Wanting to. We'll see. Number three, what's your favorite only What's your favorite only tool for building Slintel besides your own? [22:17] >> I think Gong. Gong has been a great, great partner. We use Gong for all our forecasting today. All the stand ups happen on Gong. [22:24] Are you in acquisition talks with Gong? They have $250,000,000 of fresh powder to work with. [22:29] >> No, we're not. We're not looking for acquisition at all, but we're getting a lot of inbound interest from a lot of companies, but, not looking to get acquired at this time. [22:38] What's largest company that's reached out? [22:40] >> I can't give out the name, but, largest ABM company reached out to us. [22:45] Okay. Interesting. Fair enough. All right. Number four. How many hours of sleep do get every night? [22:51] >> I work in The US hours, and I'm in India right now. So, I sleep from 5AM, to around one or 2AM, so, one or 2PM, so I sleep very, very odd hours, but around, I take around seven hours of sleep. [23:02] Okay, and what's your situation? Married, single, kids? [23:05] >> I recently got married, no kids. [23:07] Oh, congratulations. And how old are you? [23:10] >> I'm 29. Turning 29 this month. [23:12] Yeah. Very cool. Last question, Anupreet. What's something you wish you knew when you were 20? [23:16] >> Sorry. What was that? I missed the question. [23:18] Something you wish you knew when you were 20. [23:21] >> I think I wish I knew that money is not as important that I didn't have money at 20. I thought money is everything and I kept chasing that. And that is one of the reasons I was so aspirational in my life that I became a sales leader at 20 I'm the youngest sales leader in the industry today, you know, leading such a such a big function and was leading sales function since I was 26. But the [23:43] >> reason I could do that is because I was so aspirational. But after I achieved that, I realized that money is not as important as I thought it was. [23:49] Guys, Slintel competing in the b to b SaaS intelligence space. They had a $100,000 in MRR a year ago. Now over $500,000 in MRR or $6,000,000 run rate. Over 200 customers, again, growing rapidly. They spent $200,000 on paid ads last month and also doing a strong SEO motion. 30 folks on their sales team, 10 AEs carry a quota, 10 CSMs carry a net dollar retention quota. We dive into all of it today. Anupreet, thanks for taking [24:12] us to the top. [24:13] >> Absolutely. Thank you so much, Nathan. I had a lot of fun. Thank you so much for making it so insightful. Hope, you know, the listeners get some value out of it. [24:21] One more thing before you go. We have a brand new show every Thursday at 1PM Central. It's called Shark Tank for SaaS. We call it deal or bust. One founder comes on, three hungry buyers, they try and do a deal live and the founder shares back end dashboards, their expenses, their revenue, ARPU, CAC, LTV, you name it, they share it. And the buyers try and make a deal live. It is fun to watch every Thursday, 1PM [24:45] central. Additionally, remember these recorded founder interviews go live. We release them here on YouTube every day at 2PM central. To make sure you don't miss any of that, make sure you click the subscribe button below here on YouTube, the big red button, and then click the little bell notification to make sure you get notifications when we do go live. I wouldn't want you to miss breaking news in the SaaS world, whether it's an acquisition, a big [25:07] fundraise, a big sale, a big profitability statement, or something else. I don't want you to miss it. Additionally, if you wanna take this conversation deeper and further, we have by far the largest private Slack community for B2B SaaS founders. You wanna get in there. We've probably talked about your tool if you're running a company or your firm if you're investing. You can go in there and quickly search and see what people are saying. Sign up for [25:28] that at nathanlatka.com/slack. In the meantime, I'm hanging out with you here on YouTube. I'll be in the comments for the next thirty minutes. Feel free to let me know what you thought about this episode. And if you enjoyed it, click the thumbs up. We get a lot of haters that are mad at how aggressive I am on these shows, but I do it so that we can all learn. We have to counter those people. We gotta [25:47] push them away. 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