GetLatka interviews
How K Looks Reached $800K Revenue with 50 Customers Selling Brazilian Financial Data (Interview with CEO Alexandre Abu-Jamra)
Alexandre Abu-Jamra (CEO and Founder of K Looks) spoke to Nathan Latka on February 29, 2024.
K Looks figures from the interview
- Revenue (2023)
- $800K
- Revenue Growth (2023)
- 50%
- Direct Customers (2024)
- 50
- Team Size (2024)
- 40
- Engineers (2024)
- 7
“It was kind of 800,000. Yeah, that was it.”
“I sell my data to CapReq and to all these guys, but I have some clients that they don't pay me for my data, but they integrate in their product and they sell my module. So these guys, they have like a 100 clients, they use my module. So that's the indirect customer.”
“I would sell directly for roughly 3 to $400 monthly, and they would sell me to like a $100 monthly.”
How Klooks Structures Unstructured Financial Data for Banks and PE Funds (Interview with CEO Alexandre Abu-Jamra)
Alexandre Abu-Jamra (CEO of Klooks) spoke to Nathan Latka on January 27, 2023.
Klooks figures from the interview
- Revenue Growth (YoY) (2023)
- 100%
- SaaS ARPU (2023)
- $300/mo
- Team Size (2023)
- 35
- Engineers (2023)
- 6
- Sales Reps (incl. CEO) (2023)
- 3
“Yes. It is in this environment, but are specialized on structuring data out of PDF files, which is a pretty difficult task. It's quite a mess to get financial data out of PDF files and put it into, let's say, tables or SQL or any other sort of data format. And we do that usually for for banks, and and we what what we structure is is our financial statements. We get financial statements from companies, and we turn those those numbers, which are pretty messy and confusing, into something that credit analysts, investment analysts can use to make decisions.”
“Perfect. That's that's exactly what we do. Amazing. And that would be could be a QuickBooks file, could be a PDF file out of any accounting system. We get that into a structured format and then we classify it into the bank standards. We do that for banks and insurance companies, but we also do that with public financial statements. We have crawlers in the web getting financial statements that are public and structuring that into our database, and that's what we sell to to international data aggregators.”
“When we talk about SaaS, it's the small tickets. It's 1,800 reais, which is roughly, let's say, $300 to $400 monthly.”
Bio
I've worked in an M&A advisory firm in the start of my career and was the CFO of a manufacturing company prior of being the CEO of K Looks. At K Looks I've developed our routines of structuring unstructured financial data, integrating with OCRs, automatic data classification, quality assurance and also acted as sales closer in our main contracts with large Brazilian banks and international financial data aggregators.