Please ask m

Please ask m offers booking and channel manager software to help hotels and meeting venues to process their bookings faster while increase revenue and decrease cost of acquisition.

Basic details

Amount raising

€1,000,000

Country

Netherlands

Industry

AI/ML, Ecommerce, Travel & Hospitality, Saas

Website

https://www.pleaseaskm.com

Founders

Last updated:

May 17, 2023

Key Achievements

We started to execute our GTM strategy in 2022. After we revised it in second half of 2022 (different proposition) we started to see growth and onboarding new clients every month. Also we already identified the market approach for our growth strategy. In our GTM we use direct sales (supported by strong brand awareness) and (integration)partner recommendations.
For structuring the data we use proprietary AI with three different models (classification, NER and relation extraction). The amounts of classes but especially the amount of entities is quite high when compared to other case studies outside our industry.

Premium Details Available

Monthly Revenue
Growth rate (month over month)
Contextual explanation on monthly revenues
Number of paying customers
Number of active users
Percentage of company owned by founders
Amount raised in the past
Is there a lead investor?
Amount in this round already committed
When aiming to close this round?

Percentage of their time founders are spending on this.
Is there a founder with previous c-level or founder experience?
Is there a founder with exit experience?
Is there a founder with previous sector experience?
Is there a women founder with at least 5% in the team?
Year founded

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Premium Details

(Data is self reported)

Monthly Revenue

€10K - €20K

Growth rate month over month

4-8%

Monthly revenue context

we have a traditional SaaS model with a monthly subscription for using the software. The amount depends on tier and size of the venue.

Number of paying customers

Monthly active users

How much have you raised in the past?

1.5m by PE. The start-up is a spin-out of a corporate organisation

Do you have a lead investor?

How much of this round already committed?

When are you aiming to close this round?

Patent status

Year founded

2021

How much time do the founders spend on the business?

100%

Is there a founder with previous co-founder / c-level at startup experience?

Is there a founder with previous Sector Experience?

Yes

Is there a founder with previous Exit Experience?

What percentage of company is owned by founders?

<50% owned by founders

Is there a women founder with at least 5% of the shares?

Is there a founder with a EUR / Erasmus MC or TUDelft relation?

None of these

Graduation year from EUR, Erasmus MC or TUDelft

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