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Renaud de Gonfreville

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How Ziwo Reached $10M ARR with 350 Customers and Only $3.3M Raised (Interview with CEO Renaud de Gonfreville)

Renaud de Gonfreville (CEO of Ziwo) spoke to Nathan Latka on April 27, 2022.

Ziwo figures from the interview

ARR (2022)
$10M
Customers (2022)
350
Total Funding Raised
$3.3M
Largest Customer ACV (2022)
$600K
Team Size (2022)
50
“Today we're on the 10,000,000 ARR.”
“So we raised 2,200,000 in October 2019. We are a very lean company. We were bootstrapped from day one. We are kind of experienced people, so we do very carefully. We are trying to go as fast as possible, but we were super cash efficient fortunately. So we only raised 2,200,000 external funding. We did a SAFE last year of about 1,200,000 again. So for 10,000,000 ARR we have raised only 3,300,000 till date.”
“Today, we're in the range of three fifty customers.”

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Bio

Engineer and entrepreneur, passionate about building companies around tech solutions. After creating businesses for Fortune 500, I co-founded ZIWO, the first B2B SAAS platform, omnichannel, integrated, integrable, and AI-powered for the Emerging Markets.

Company

Ziwo

Dubai, United Arab Emirates · Founded 2010

Revenue
$15M
Funding
$5.6M
Team size
63
Customers
350

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