Harshit Agarwal
- Co-Founder and CEO at Appknox
GetLatka interview
How Appknox Hit $1.7M ARR with 76 Enterprise Customers on a Single $750K Round (Interview with CEO Harshit Agarwal)
Harshit Agarwal (Co-Founder and CEO of Appknox) spoke to Nathan Latka on April 7, 2022.
Appknox figures from the interview
- ARR (2022)
- $1.7M
- Paying Customers (2022)
- 76
- Net Dollar Retention (2022)
- 103%
- Gross Revenue Retention (2022)
- 98%
- Monthly Operating Profit (2022)
- $10K
“We raised capital. We had raised our initial round end of 2014 itself. We had raised $750,000 a pre seed round from Singapore based venture capital and that's the only round we have raised. Post that I think we have been revenue positive. We have been growing on revenue.”
“We only had a one month runway.”
“That was roughly around $30,000 in a bank account. And we had a team of roughly around 22 members and we were clueless on what we should do. We just went to our blackboard. We had account receivables of around one to two months again, that's not in the bank. So next month, don't know how we'll pay salary.”
Bio
Co-founder & Chief Executive Officer at Appknox Harshit Agarwal, Co-Founder and CEO at Appknox is a tech enthusiast. A serial entrepreneur, Harshit is also part of several startup communities. His several years of startup and technological experience set the way for him to co-found Appknox in 2013. Harshit has worked with over 300+ enterprises, ranging from top financial institutions to Fortune 500 companies, to establish security standards that assist organizations in securing their mobile applications and shortening the time required for security testing.