Ravi Srinivasan
- President and CEO at GroupFio
GetLatka interview
How GroupFio Reached $1.3M ARR with 40 Paying Customers and Less Than 1% Churn (Interview with Ravi Srinivasan)
Ravi Srinivasan (President and CEO of GroupFio) spoke to Nathan Latka on July 1, 2021.
GroupFio figures from the interview
- ARR (2021)
- $1.3M
- Paying Customers (2021)
- 40
- Gross Churn (2021)
- Less than 1%
- EBITDA Margin (2021)
- 15% to 18%
- Team Size (2021)
- 40
“So we wrapped up the year of one point two at the end of twenty twenty. In spite of COVID, we're run rate now around 1,300,000 ARR.”
“It's it's profitable. I like to run it in cash flow neutral, but it is profitable if I if we do it that way. Right now, we plow a lot back in and always ready for explosive growth if necessary without having to add management.”
“So one of the things we're doing is opening a marketplace in q three that will allow us to go for that 100 to $500 a month price point where we can get the volume.”