Asaf Darash
- CEO at Regpack
GetLatka interview
How Regpack Hit $10.5M Revenue Bootstrapped Across 1,500 Customers (Interview with CEO Asaf Darash)
Asaf Darash (CEO of Regpack) spoke to Nathan Latka on August 15, 2023.
Regpack figures from the interview
- Annual Revenue (2023)
- $10.5M
- Customers (2023)
- 1,500
- Year-over-Year Growth (2023)
- 40%
- Avg Contract Value (2023)
- $7K
- Gross Revenue Retention (2023)
- 97%
“So we are what you can call like a Shopify for services. Basically the service industry, mainly the service industry right now. Serve mainly education, camps, courses, after school programs, schools,”
“There, there are actually two revenue streams here. One is the, like the basic SAS revenue stream, you know, paying for subscription seats. So every admin, and we have like new levels of admin. And the other one is through the payment processing. We have, very special deals with payment processors and we offer, to the end client, a lot of, advantages working, through us when they're, when they're processing their payments and we take a share out of that.”
“Because the people that are, first of all, we do a lot of automation. We're very data oriented. Most of the people that are in the company are Berkeley grads. So we know how to look at data and how to make sure that things are efficient.”
Bio
Asaf Darash is the founder and CEO of Regpack, an online payment management platform. With extensive experience as an entrepreneur and investor, he has built three successful companies to date, each with an exit plan or that are still in operation. He specializes in product development for the web, team building, and bringing a company from a concept to profitability. His specialties include extreme programming, programming languages, JavaScript, MongoDB, system structures and new media, enabling him to build versatile products based on achievable business models. He holds a PhD in New Media from Hebrew University of Jerusalem and has served as a visiting scholar at the University of California, Berkeley under a Fulbright scholarship.