Mads Wedderkopp
- COO at Quickorder
GetLatka interview
How Quickorder Reached 1,200 Customers and $500 ARPU After a Strategic Merger (Interview with COO Mads Wedderkopp)
Mads Wedderkopp (COO of Quickorder) spoke to Nathan Latka on July 22, 2021.
Quickorder figures from the interview
- Customers (2021)
- 1,200+
- ARPU (2021)
- $500+ per month
- Team Size (2021)
- 60
- Total Funding (2021)
- $4M to $5M
- Sales Reps (2021)
- 6
“Actually positively, especially So during lockdown, we were kind of the solution for the restaurants to do takeaway under their own brand, with their own apps, and we kinda help them thrive in the new normal. Now where the Nordics see everything opening up again, we've seen a huge spike in demand and also revenue. So first, we had a gigantic spike during COVID, and then that spike got another positive bump after reopening. So it's just been crazy eighteen”
“So our average revenue per client is up to above 500 US dollars per month, whereas last time we talked, was just below 300, if I recall correctly. So so that grew. So annual contract value obviously grew. We kept up double digit growth all the way from September until now every month.”
“So we raised both in early twenty twenty and late twenty twenty, around the same amount both times. And then that's kind of it. So in total, I guess calculated to US dollars, it's like somewhere between 4 and $5,000,000 total.”