The Flowlie Times #52
Investor Imports on Flowlie, "Product-Market Fit Isn’t a Black Box", “SaaS Growth Report”, recent rounds, and more
Welcome to The Flowlie Times!
Investor Imports on Flowlie
Founders, we're excited to introduce our new Imported Investors tab, streamlining your investor management experience by keeping all the data in one place.
Easily import investors and add as much or as little data as you need with fields like First Name, Last Name, Investor Type, Email, Check Size, and more. Efficiently manage your data with a table displaying all Imported Investors, allowing you to edit, delete, or add them to lists seamlessly.
Imported Investors can be used throughout the app just like any other investor, either someone whom you found in the Investor Database or someone who looked at your one-pager, pitch deck, or data room. We have some exciting updates coming soon where you’ll be able to leverage all the investor data to keep track of your fundraising process, all in the one place you already love: Flowlie.
Articles we enjoyed:
1️⃣ “SESSION 01: LEVELS OF PMF. Product-Market Fit Isn’t a Black Box — A New Framework to Help B2B Founders Find It, Faster” - by FirstRound.
More than just an article, a whole set of articles and resources on finding PMF.
2️⃣ “SaaS Growth Report” by ChartMogul. Main insights summarized by authors:
SaaS growth rates have stabilized in the last 3 quarters.
Best-in-class SaaS businesses grow over 100% each year.
Top-tier SaaS startups reach $1M ARR within 9 months.
The majority of SaaS startups grow from $1M to $10M ARR by growing their subscriber base.
SaaS is mildly seasonal.
3️⃣ Review of AI usage trends over the last year. Our selection:
Interest continues, but usage is growing at a much smaller rate.
Consumers are putting AI tools to use for both productivity and creativity, but productivity is pulling ahead, especially for older users.
Consumers want to see government regulation but expect that companies will have to take the lead on transparency, energy efficiency, and misinformation.
People immediately grasp the potential for AI to simplify and streamline their daily lives but still prefer humans for more personal tasks like dating.
Venture announcements that caught our eye:
1️⃣ Edia, an AI-driven math education platform, guarantees improved student math outcomes within a year or offers a full refund. It provides personalized feedback, real-time data for teachers, and targeted interventions, backed by a recent $9.4 million Series A funding round. Edia aims to challenge competitors like Khan Academy in the digital math market with features like direct math typing on Chromebooks and real-time proficiency predictions.
2️⃣ Zeck has received a major investment from Salesforce Ventures and Khosla Ventures, affirming its vision to transform board meetings. Led by Founder Edward Norton, the company aims to revolutionize the dynamic and efficiency of board engagements with innovations like Zeck AI, anticipating further changes in board meeting practices in the near future.
3️⃣ Sandy, UT — 401GO, a modern retirement planning provider, has secured a $12 million Series A funding round led by Next Frontier Capital. This investment will facilitate product expansion, team growth, and the introduction of new offerings. With a focus on combining technology and personalized service, 401GO has achieved significant growth, serving over 2,500 businesses and 30,000 active users.
Have a great week,
Mike from Flowlie