The SaaS CFO VC Turned Founder Raises $15M to Drive Predictability In Your Business
In this episode of The SaaS CFO Podcast, our host Ben is joined by Alok Goel, the co-founder and CEO of Drivetrain. Alok shares his journey from being a venture capitalist to becoming an entrepreneur and founding Drivetrain.
He discusses the inspiration behind the company's mission to bring predictability to SaaS businesses and details the products and services offered by Drivetrain. Alok also dives into the company's approach to reaching CFOs and shares insights from his fundraising journey. Additionally, he emphasizes the importance of aligning with investors who share the long-term vision of the business.
Finally, Alok provides valuable input on the significance of leveraging multiple metrics to drive business decisions. This episode offers valuable insights for SaaS CFOs and entrepreneurs alike.
Show Notes:
00:00 Hiring and timing crucial for SaaS success, aims for predictability.
03:39 We help with planning, data integration, and performance monitoring for achieving targets.
09:20 Different GTM approach focuses on authenticity, customer references, warm introductions, high-quality thought leadership content for CFOs.
10:04 Industry solutions, community content, mission alignment, demo impact on sales.
14:51 Regular communication with investors is essential to ensure alignment of vision and avoid energy-draining mismatches. Choose investors carefully to prevent business disruptions.
16:18 Multiple metrics better than few, beware target fixation.
19:47 Encourages random intellectual discussions with entrepreneurs and CFOs. Available for calls and message exchanges.
Links:
SaaS Fundraising Stories: https://www.thesaasnews.com/news/drivetrain-ai-raises-15-million-in-funding
Alok Goel’s LinkedIn: https://www.linkedin.com/in/goelalok/
Drivetrain’s LinkedIn: https://www.linkedin.com/company/drivetrainai/
Drivetrain’s Website: https://www.drivetrain.ai/
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