Kaapi business update - July '20

We hit $140 MRR. 70 teams signed up during launch month. 7 converted. 3 upfront annual payment. Real confidence booster. Feels we are on to something.

KPIs

• MRR --> $140$ (+ 100)
• Active teams --> 10 (- 66)
• Active users --> 182 (- 276)

New insights

• All 7 paying customers are CXOs. We are still actively thinking about focusing on this persona.
• Our visit to signup is pretty bad (< 1%). Probably because we are Slack only. Thinking of getting out of that dependency ..

Help needed

My Twitter account got locked (I stupidly entered wrong birth date 🤕) - I have emailed support multiple times with my ID papers proof, but no update from there for 2 days now. Any advice? It’s a good channel for us to get leads.

Plans for August

• Building out the web dashboard
• Setting up architecture to be ready for MS teams integration, employee surveys over Whatsapp etc.

More details here https://www.kaapi.team/blog/business-update-july-20