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Luca Lotterio

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How Restworld Reached $396K ARR and 95 Customers with a €100 CAC (Interview with CEO Luca Lotterio)

Luca Lotterio (CEO of Restworld) spoke to Nathan Latka on March 22, 2023.

Restworld figures from the interview

Annual Revenue (2023)
$396K
Customers (2023)
95
Valuation (post-money) (2023)
$3.2M
CAC (2023)
€100
Team Size (2023)
12
“we understood that we we are still not a SaaS model exactly, but we are still a RAS model. That means not software as a service, but recruiting as a service. This means that every time that a customer need our help, they used to pay a subscription like a monthly subscription, quarter subscription, annual subscription, but they've got not a service that is a software that they can use alone, but they got the help of our customer success”
“The the the average actually is 350.”
“Actually, 95. Today, it's 95 open. Five.”

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Bio

I am a 29-year-old CEO, managing the evolution of Restworld Srl Società Benefit based in Turin. With a psychology degree from 4 European cities and an MBA, I founded Restworld in early 2020, combining my passion for strategy and hospitality recruitment. Our mission is to match talent with opportunities, promoting individual and corporate well-being in the Ho.Re.Ca sector.

Company

Restworld

Turin, Italy · Founded 2020

Revenue
$396K
Funding
$657K
Team size
30
Customers
95

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