Andy Rossmeissl
- Co-founder and CEO at Faraday
GetLatka interview
How Faraday Reached 60 Consumer Brands at a $150,000 Average Contract (Interview with Co-founder and CEO Andy Rossmeissl)
Andy Rossmeissl (Co-founder and CEO of Faraday) spoke to Nathan Latka.
Faraday figures from the interview
- Average Contract Value (2018)
- $150,000
- Total Customers (2018)
- 60
- Team Size (2018)
- 25
“So we help consumer brands basically predict things about what their customers are going to do next. Everything from lead generation and conversion through to who's gonna be further engaged to the customer or even down to retention issues. And we're a SaaS platform, charge monthly, work in twelve month contracts.”
“We're not a cheap SaaS platform certainly, but we're always gonna come in under the cost of a single data scientist. It's the way we like to peg it. So generally speaking, $150,000 a year.”
“So we started in late twenty twelve, just six years here as a company at Faraday. Started in Vermont. So taking a little bit more time than I think a lot of other tech platforms would. But growth has been really strong over the last couple of years. We've kind of entered a new age here at Faraday.”
Bio
Andy leads the company in its mission to deliver practical, powerful AI to consumer brands. A designer by training and lifelong software engineer, Andy is responsible for Faraday's product strategy, data science organization, recruiting efforts, and corporate matters. Previously, Andy founded the celebrated sustainability startup Brighter Planet and worked in politics.