GetLatka interview
How Xpovi Reached 20 Customers at $249 Each on a $3M Valuation Pre-Seed (Interview with Co-Founder and CTO Mostafa Hisham)
Mostafa Hisham (Co-Founder and CTO of Xpovi) spoke to Nathan Latka on April 26, 2022.
Xpovi figures from the interview
- Customers (2022)
- 20
- Avg Order Value (2022)
- $249
- Pre-Seed Raise
- $300K
- Valuation (2022)
- $3M
“It's actually our software. It's based on the traditional concept of financial consulting, which is what we aim to automate through Xpovi, our platform, that we provide financial modelling and business planning, which usually or traditionally is done through physical contact, where you try to pitch, sit with an analytic or with an investment analyst, where you try to show him, illustrate your business as much as you can, so he can build for you your financial model or financial business plan.”
“We're not a subscription based. We're a one time purchase. Okay? So who's paying us, it's for just one time payment.”
“We launched last month. Okay. And the approach was is that our product can be used just for one time because we're aiming at startups and or idea stage startups actually.”
Bio
Experienced entrepreneur and tech leader with a strong startup track record. Expert in software engineering, product management, agile development, and innovation. Proven success in building high-performing teams and streamlining processes for excellence.