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How Modigie Hit $1.7M Revenue Profitably with Two People Selling (Interview with CEO Ken Hoppe)

Ken Hoppe (CEO of Modigie) gave a talk on March 17, 2023.

Modigie figures from the talk

Revenue (2022)
$1.7M
People Selling (2022)
2
Marketing Spend (2022)
$0
Profitable (2022)
Yes
“That 1.7 that we did last year, it's a small number. I've been dealing with hundreds of millions of dollars of numbers when I've worked at in sales leadership. That's just two people selling. That's me and my co founder.”
“We have 12 ambassadors 12 of the top, 300 influencers on LinkedIn recommending and promoting modigie. Not modigie the company, but modigie the data diagnostic. It's a you know, it's a free it's a free diagnostic to see, the impact of of inaccurate information and our ability to fix it.”
“As a founder, I'm not giving up equity to VCs. That's 3,000,000. I can spit off 3 to 4,000,000 of EBITDA over the next two years, and I feel really good about that.”

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How Modigie Hit $1.7M Revenue with 6 Employees and Zero Paid Ads (Interview with Co-Founder and CEO Ken Hoppe)

Ken Hoppe (Co-Founder and CEO of Modigie) spoke to Nathan Latka on January 6, 2023.

Modigie figures from the interview

Annual Revenue (2022)
$1.7M
Avg Contract Value (2023)
$80K
Customers (2023)
30
Team Size (2023)
6 full-time
Paid Ads Spend (2023)
$0
“I like to start out by saying, you know, I'm old enough to say back in the early days, I can sell without Salesforce. I can sell without Gong. I can sell without Outreach or SalesLoft or even 6sense, right? So all I think you've had a lot of those founders on. Now I can do it with on spreadsheets, but really what we're saying is the most essential tool is overlooked, the if I don't have the right contact information to reach my likely buyer, none of the tech stack matters.”
“Yeah. So our a our ACV, we're we're modeling at, like, $80,000.”
“Yeah. I mean, I I I didn't think it would happen so quickly where where we're getting our first orders are over 100 k, which is Interesting. Hard.”

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Bio

Ken Hoppe is Founder and CEO of Modigie. Prior to Modigie Ken spent 18+ years in various tech leadership roles, experiencing firsthand the widespread shift to mobile-for-business communications. Realizing the significant hurdle in sales productivity due to lack of connection, Ken now strives to transform the B2B sales and marketing process with Modigie; the most effective, real-time mobile phone verification and enrichment platform for Salesforce.

Company

Modigie

San Francisco, United States · Founded 2017

Revenue
$2.9M
Funding
$300K
Team size
14
Customers
30

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