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Sven Lackinger

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How Sastrify Reached $140K Monthly Revenue and 70 Customers in Under a Year (Interview with Co-Founder Sven Lackinger)

Sven Lackinger (Co-Founder of Sastrify) spoke to Nathan Latka on December 8, 2021.

Sastrify figures from the interview

Monthly Revenue (Dec 2021)
$140,000
Customers (Dec 2021)
70
Seed Round Raised (2021)
$7,000,000
Team Size (Dec 2021)
53
Avg Contract Value (2021)
$25,000
“We basically start with any tech company that's above 100 people. That's more or less what we look for, so 100 to a couple thousand people. Really, anybody in that tech space, obviously, as we're based in Germany, most of our customers are around Europe right now, Singapore and some other Asian countries. And now we're basically building that towards the rest of the world.”
“No, we raised a pre-seed in November last year when we hired the team. And then we raised the seed round three months ago of about $7,000,000 to now basically just grow all over Europe. That's kind of like the next step.”
“I think in total, about 53 right now. 50 plus or minus.”

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Bio

Sven Lackinger is Co-Founder at Sastrify, the leading procurement service for SaaS subscriptions. Before, Sven already founded the parking startup evopark (acquired in 2017). He holds a degree from WHU and worked for Goldman Sachs, the BCG and Bain.

Company

Sastrify

Cologne, Germany · Founded 2020

Revenue
$31.1M
Funding
$55.3M
Team size
159
Customers
70

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