Daan Stolk
- Co-founder at Alphadoc
GetLatka interview
How Alphadoc Raised $250K at a $2M Valuation With 10 Beta Customers (Interview with Co-founder Daan Stolk)
Daan Stolk (Co-founder of Alphadoc) spoke to Nathan Latka on May 25, 2022.
Alphadoc figures from the interview
- Seed Raise (2022)
- $250,000
- Pre-Money Valuation (2022)
- $2,000,000
- Active Beta Customers (2022)
- 10
- Angel Investors (2022)
- 15
- Team Size (2022)
- 2
“If you look at the market, APIs are everywhere and there's a lot of companies that are struggling with marketing their APIs. So existing doc platforms, they focus on providing a really nice documentation environment. But getting customers into your API requires more than just great documentation. It requires the whole experience. And it requires that experience to actually convert people into users. And building a platform that actually focuses on this is the gap that we're trying to fill”
“We have 10 that we're actively working with, and we have about 40 beta customers for what we're calling long term opportunities. They're saying, hey, I want to make the switch, but I don't want to. I need a bit more features than what you're offering in your MVP.”
“I think the idea started in December 2020. And it actually started out as a completely different idea. For the past, I think up until January 2022, we were validating and doing research. So I think we spoke with over did interviews with over 60 companies. And by now it's probably closer to 80 or 90 companies to validate what we're looking for.”
Bio
Joined tech as an intern in the payments industry. Developed an excellent instinct for learning what and when is required during the development process. Also learned what caused friction for developers and companies maintaining their documentation.