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Srikant Chellappa

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How Engagedly Reached $7.6M ARR Through Disciplined Hiring and Bootstrapped Growth (Interview with CEO Sri Chellappa)

Srikant Chellappa (CEO of Engagedly) spoke to Nathan Latka on March 28, 2024.

Engagedly figures from the interview

ARR (2024)
$7.6M
Revenue at Launch (2016)
$20K
Total Funding Raised (company filings, not stated in this talk)
$1,450,000
“So we were we started in end of twenty fifteen. 2016 is when we launched. We were like, I don't know, 20,000 in revenue or something like that in 2016.”
“we are here right now roughly 7.5, 7,600,000 ARR. We'll hope to finish the year a little over eight. And part of this was also an acquisition we did last year as well.”
“It's better to be understaffed than hire too fast. I've made this mistake multiple times and I still find myself making these mistakes sometimes because you really get excited about some of the growth you could see or some of the gaps you might have in your team or the skill set gaps.”

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Bio

Sri is a passionate entrepreneur and leader in building high performance organizations that care about their people. He has spent over 20 years in leading organizations in software development and consulting in the U.S. With a unique background in technology, people management, health IT and film writing, directing and production, Sri brings a diverse set of experiences across industries and specialities to build high performing, highly engaged organizations.

Company

Engagedly

United States · Founded 2016

Revenue
$7.6M
Funding
$1.5M
Team size
125
Customers
400

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