Ernie Teo
- Co-Founder and CTO at Dedoco
GetLatka interview
How Dedoco Reached 40 Enterprise Customers on Blockchain Document Signing in Under a Year (Interview with Co-Founder and CTO Ernie Teo)
Ernie Teo (Co-Founder and CTO of Dedoco) spoke to Nathan Latka on November 10, 2021.
Dedoco figures from the interview
- Paying Enterprise Customers (2021)
- 40
- Seed Funding Raised (2021)
- $2M
- Team Size (2021)
- 30
- Individual License Price (2021)
- $30/month
- Enterprise Annual Contract (2021)
- $100K
“So if you look at a lot of enterprise blockchain use cases, it's all about document management, like supply chain related. So there's a lot of document flows when it comes to blockchain consultants and enterprise projects. So what we are looking to do is to create a SaaS that empowers any company to be able to tap onto that feature and to be able to put documents on blockchain that are verifiable, that are tested by different individuals”
“So they're paying about $30 on average for individual license. So that's a basic license for the basic features on our platform, which includes our document signing as well as the document management on blockchain.”
“begin the prices will be on an annual basis. So we, we, we, we charge like a annual fee instead. So those are averaging around, I think about a $100,000. So we got two or three of these larger clients for annual that pays the annual subscription.”
Bio
Ernie is Co-Founder and CTO of Dedoco. He has a PhD in Economics (Game Theory), has taught in universities, and worked at IBM Blockchain Research.