Aditi Sinha
- Co-Founder at Locale.ai
GetLatka interview
How Locale.ai Reached About $480K in Annualized Revenue With 10 Customers in Its First Year of Sales (Interview with Co-Founder Aditi Sinha)
Aditi Sinha (Co-Founder of Locale.ai) spoke to Nathan Latka on December 15, 2021.
Locale.ai figures from the interview
- Annual Revenue Run Rate (2021)
- $480K
- Customers (2021)
- 10
- Average Revenue Per Customer (2021)
- $5,000 per month
- Seed Round Raised (2021)
- $1,300,000
- Team Size (2021)
- 20
“So, our overall target market is any company that has moving assets, it's what we call. So, that moving asset could be a vehicle, delivery people, salespeople, trucks. So, the companies that we are going after are delivery, mobility, logistics and so on.”
“So, our pricing is actually based on the amount of data that we ingest from them. So, we have a base platform cost and every additional data point that they send is divided into different packs. So, it ensures that, you know, as the company is growing, we also grow along with them.”
“It's about $5,000 per month. I would say I would quote that as an average number. And of course, it depends on like how large the company is, what are the number of teams that we're working with and what are the use cases.”
Bio
Aditi is one of the co-founders of Locale.ai. Locale.ai was started in 2019 when she and her co-founder, Rishabh spotted a problem while working on data projects in their previous company. Locale is now 20 people strong and has clients across multiple geographies. She has Graduated from BITS Pilani, India with a Master's degree in Economics and Finance.