ResponseiQ
Sales callback platform helping 250+ businesses generate a higher return from their marketing.
- Location
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London, United Kingdom
Categories: SaaS/PaaS Digital B2B
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Investment
sought: - £484,819
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Equity
offered: - 7.48%
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Investment
amount: - £490,669
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Valuation
(pre-money): - £5,999,581
Idea
Introduction
PLEASE NOTE:
This is a pre-emption campaign following a recent raise of £484,818.75 offline. You have been notified about your minimum individual pre-emption rights but are welcome to invest more if you would like. Brief updates, metrics and plans are provided below:
• What we are:
A SaaS sales acceleration and conversion optimisation platform.
• What we do:
Convert website visitors and email leads to inbound sales calls using instant callback technology. We have customers such as Co-operative Travel, Trailfinders, UKinsuranceNET, Oxford Royale Academy, Buz.
• The Result:
Our customers can enjoy more sales calls, and the potential subsequent revenue, from their existing web traffic. We generate 3,000+ calls a day.
• The Opportunity:
Millions of businesses in the world have websites and are potentially leaving money on the table. We are here to help them. Our revenues have steadily increased, up to £64k in Dec 2018 (Based on unaudited management accounts).
Substantial accomplishments to date
255 paying customers.
£64.5K in MRR.
Staff in London, Philippines and South Africa.
Developed our own SIP/Asterisks system to increase gross profit from 60% to 90%.
Built a sales machine which we believe is the envy of other companies.
Monetisation strategy
Recurring monthly payments from our customers in exchange for packages, consisting of credits.
Customers range from £20/m up to £8k/m.
Average customer pays us £250/m.
Circa 50% demo complete to paying customer ratio.
Use of proceeds
We will be investing in a South Africa sales office and a range of new products.
Our aim is for these products to open new markets and increase the revenue from our current customers significantly.