Jesse Leimgruber
- Founder at NeoReach
GetLatka interview
How NeoReach Passed 100 Customers Averaging About $200K a Year With a Team of Just Over 30 (Interview with Founder Jesse Leimgruber)
Jesse Leimgruber (Founder of NeoReach) spoke to Nathan Latka on December 9, 2018.
NeoReach figures from the interview
- Customers (2018)
- About 102
- Avg Contract Value (2018)
- About $200,000 per year
- Gross Revenue Churn (2018)
- 20% per year
- Total Funding Raised
- $4M
- Team Size (2018)
- Just over 30
“NeoReach is an end to end social intelligence platform. Brands pay us a licensing fee to analyze the performance of their sponsored post campaigns, everything from paying Tiger Woods to wear a Nike hat to Red Bull sponsoring athletes.”
“Typically, the minimum licensing fee for a brand is about $25,000 annually, and we have quite a few as in more than a handful of brands spending over $1,000,000 with us annually.”
“I think our our average revenue per customer is around $200,000 a year.”
Bio
Jesse is the founder of NeoReach. Jesse is a mentor to the Alchemist Accelerator, a Thiel Fellow, and a frequent guest lecturer at Stanford and USC. NeoReach has generated $10's of Millions in revenue from customers like Walmart, Amazon and NBC