Mateo Freudenthal
- CEO at Honestly
GetLatka interview
How Honestly Reached $1.6M Revenue with 10% Profit Margin Serving 100 Enterprise Customers (Interview with CEO Mateo Freudenthal)
Mateo Freudenthal (CEO of Honestly) spoke to Nathan Latka on July 5, 2022.
Honestly figures from the interview
- Annual Revenue (2022)
- $1.6M
- EBITDA Margin (2022)
- 10%
- Net Dollar Retention (2022)
- 106%
- Enterprise Customers (2022)
- 100
- Team Size (2022)
- 12
“Yeah, so basically we help them to understand what needs to be done in HR. So we have like an employee survey module. We have prepared surveys and they sent out these surveys and they have their internal communication through Honestly. So we give basically the leadership of these companies a closer way to reach their employees and have a closer relationship with them.”
“A license would be like $1 to $2.”
“We launched it way back, but we had to do two pivots until we finally landed on our business model. And this model we're executing for the fourth year now. So we are three years completed and now it's the fourth year of this business model.”
Bio
Honestly is cologne- based HR Technology company who helps organizations to understand employee's needs and motivations. Using Honestly increases retention and decreases sickness rates.100 Companies with 60.000 Licenses use Honestly by the day.