Taj Adhav
- CEO at Leasecake
GetLatka interview
How Leasecake Grew to 250 Customers and Zero Gross Churn While Tracking to $1M ARR (Interview with CEO Taj Adhav)
Taj Adhav (CEO of Leasecake) spoke to Nathan Latka on October 13, 2021.
Leasecake figures from the interview
- ARR Run Rate (2021)
- $1M
- Customers (2021)
- 250
- Net Revenue Retention (2021)
- 127%
- Gross Churn (2021)
- 0%
- Valuation (2021)
- $12.2M
“leasecake was started really kind of over a cup of coffee at a diner because I just was kind of looking for what's my next gig. And it turns out there was this massive unserved market that we've invented. We've created a whole new category that we're going after.”
“everybody in business owns or leases commercial real estate. Where's the app for that? And so while leasecake is this operating system for lease management, we're also really an OS for location management, primarily for tenants and of all different types and sizes.”
“So that's our average deal size, and it's an annual licensing fee. And it really kind of scales up or down whether you have three locations, 30 or 300 or 3,000.”
Bio
Taj has spent more than 25 years in technology and business. After starting as a Big Four CPA, he managed more than $2 billion in assets for Disney Development Company. As an early hire at Channel Intelligence, Taj helped drive the company to a successful exit to Google in 2013.