Place

Solve costly revenue challenges by bringing Sales, Revenue, Billing and Finance together

Print
Claim My Business
Form C
View on Wefunder
Categories
Technology, Financial Services
Min Investment
$100
Location
Austin, TX
Expected Close Date
April 29, 2024
Target Raise
$50.00K-$418.80K
No. Investors
15
Security Price
$1
Website
placetechnology.com
Number of Employees
36
Cash
$532,252
Revenue
$922,481
Short Term Debt
$599,215
Cost of Goods
$219,683
Long Term Debt
$3,880,217
Net Income
$-3,416,029

Key Deal Facts

New RevOps product, a little over a year old, and 2 additional versions launching soon!
Estimated $7B addressable market with no dominant player
Q1 '23: Our strongest 1st quarter sales ever & 4th best of all time!
64% revenue surge YoY (05/22-04/23 vs 05/21-04/22)
Focused on capital efficiency & forecasted to hit cash flow breakeven mid-2024
Focused on capital efficiency & forecasted to hit cash flow breakeven mid-2024

Management Team / Advisory Board Bios

Brandon Metcalf Founder & CEO20 years in Salesforce, founded 4 companies within its ecosystem. One successful exit, others growing. His expertise lies in building and leveraging deep Salesforce connections to cultivate business success., Chris DavisVP, Product & OperationsBringing well over a decade of expertise building on Salesforce, Chris leverages his experience across architecture, delivery, customer success, and product management to provide complete solutions to solve customer's unique needs and goals., Aaron Drummond VP, SalesWith over a decade of SaaS sales experience, and 5 years directly in the Salesforce ecosystem, Aaron brings proven expertise in scaling high-performing sales teams and fosters excellence across Places’ entire revenue engine., Manmeet ManethiyaVP, EngineeringWith 12+ years of building on the Salesforce platform and a collection of all 14+ architect certifications, Manmeet leverages his technical mastery to foster software excellence and produce seamless connections between Salesforce and third-party systems.
Amount Raised : $1,648,243
Reveal the Score by Voting
＿
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
ⓘ
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
ⓘ
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
ⓘ
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
ⓘ
The value of the company compared to similar companies raising money from investors.
Valuation

Research Reports

No reports have been submitted

Become a Reporter
Read Our Research Disclaimer

0 Comments

Post Comment