Why We Started This Company
I had a personal need when I co-founded DreamIt Ventures to help me manage the business. I searched the market for over a year trying to find the right tool. When I could not find and realized the huge market potential it I decided to have it built.
What Sets Us Apart
We have an amazing opportunity to build a $100M company by helping non technical business people in medium sized businesses and corporate departments find (in our marketplace) or build cloud based business solutions - without involving IT people. Above us in the market is SalesForce - which is powerful but expensive and complex. Below us in the marketplace are spreadsheets and PC based databases - that are way to limited. We fill the enormous gap between them and eliminate the need for business people to wait for their IT group to help them.
Our Keys To Success
This is becoming a hot market as people are looking for easys way to move their business apps to the cloud. At this point the most important thing we can do is invest in marketing of our newest version of WizeHive - Zengine - on a broader scale. We already have 600+ subscription customers, most of whom renew annually - and we need to expand and accelerate so we can drive to have 10,000 customers and get significant market presence before the market becomes more competitive.
Cash flow Positive in Q3 of 2014September, 2014
$2,000,000 in Revenue for 2014, Projecting over $3,000,000 for 2015December, 2014
90% Annual Customer Retention RateSeptember, 2014
Processing 1,000,000 Web-Based Interactions per MonthSeptember, 2014
$2.5M ARR run rate; project $3.5M+ in 2015September, 2014
Process 100,000 uploaded files per monthSeptember, 2014
Drive 100,000 unique visitors to web sites and landing pages per yearSeptember, 2014
Ranked in top 3 for 20+ organic search terms important to businessSeptember, 2014
CAC (cost customer acquisition) < 30% first year customer value and < 10% Lifetime valueSeptember, 2014