If you haven’t already, please study our free Bootstrapping Course and Investor Introductions page. UpKeep Founder CEO Ryan Chan took a hobby project that he bootstrapped with a paycheck and managed to get into Y Combinator. From there, he raised a $10 million Series A from a top-tier Silicon Valley firm, Emergence Capital. Excellent execution as of this podcast
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. UpKeep Maintenance Management CEO Ryan Chan took a hobby project that he bootstrapped with a paycheck and managed to get into Y Combinator. From there, he raised a $10 million Series A from a top-tier Silicon Valley firm, Emergence Capital. Excellent execution as of this podcast
UpKeep Maintenance Management CEO Ryan Chan took a hobby project that he bootstrapped with a paycheck and managed to get into Y Combinator. From there, he raised a $10 million Series A from a top-tier Silicon Valley firm, Emergence Capital. Excellent execution thus far. Sramana Mitra: Let’s start from the very beginning of your journey.
Ryan Chan, CEO and Founder at UpKeep, bootstrapped with a paycheck and subsequently, went through Y Combinator, followed by raising $13 Million.
In case you missed it, you can listen to the recording here:
During this week’s roundtable, we had Ryan Chan, CEO and Founder at UpKeep Maintenance Management. Ryan has bootstrapped with a paycheck and subsequently, gone through YCombinator, followed by raising $13 Million. Great case study. Travling As for the pitches, up first we had Daniel Agung Pratana from Indonesia pitch Travling, a local travel app.
Sramana Mitra: What kind of numbers did you do in 2016, 2017, and 2018? What was the ramp in terms of free users and paying users? What was happening? Ryan Chan: We’ve been growing very fast. We’ve hit a true nerve in this market and the completely underserved industry. Over 2,500 paying companies use UpKeep.
Sramana Mitra: You have $10 million in the bank. You started hiring sales people and started putting a process together. Now, let me reask the question. What was the repeatable sales process?Was it that you started putting in a process to take all the leads? Are the free users categorized by companies, company size, and