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How we’re doubling revenue every 2 months pioneering 1-click eSim technology
Episode 2429th December 2022 • B2B SaaS Podcast • Upendra Varma
00:00:00 00:27:39

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Ahmad Al Fares, Founder & CEO of Celitech talks about how they are growing their company by bundling their eSim technology with top travel companies, which are made available for travellers.

  • How Celitech helps travel companies offer co-branded international cellular data plans using 1 click e-sim technology
  • How they’re working with over 20 partners, including big travel companies like Expedia, Kayak etc. & how they’re doubling revenue every 2 months
  • How he used warm intros to get the first few customers
  • How does their conversion funnel & sales cycle look like
  • How their onboarding process looks like
  • How they are working on optimising the placement to grow their deal size with a customer
  • Team, funding status & future vision for the company

Transcripts

Ahmad Al Fares:

you always have to start with the people.

Ahmad Al Fares:

You know, because I mean, you, you know, people who knows you, um, or people who

Ahmad Al Fares:

know you, like they, they, they'll have trust in maybe making the introduction

Ahmad Al Fares:

or referring you to their contacts.

Ahmad Al Fares:

So I started with my friends from, you know, my engineering school or

Ahmad Al Fares:

my business school where, um, you know, they introduced me to, um,

Ahmad Al Fares:

To leads in the travel space that, that were willing to listen to them

Ahmad Al Fares:

to my pitch because you need to get the first meeting before anything.

Ahmad Al Fares:

And this is, I think, the first hurdle you need to get through.

Upendra Varma:

Hello everyone.

Upendra Varma:

Welcome to the SaaS podcast.

Upendra Varma:

I'm your host, uup Mine.

Upendra Varma:

Today we have Al with us.

Upendra Varma:

Al here runs a company called Silitech.

Upendra Varma:

Hey Al, welcome to the show.

Upendra Varma:

Hey, Upendra.

Upendra Varma:

Hi everyone.

Upendra Varma:

Hello.

Upendra Varma:

So, uh, Al, so let's talk about your company and product first, right?

Upendra Varma:

So what is your company do and why do customers pay you money?

Ahmad Al Fares:

Sure.

Ahmad Al Fares:

So we, at celltech, we help travel companies like Expedia Kayak, um, offer

Ahmad Al Fares:

co-branded international cellular data plans using, uh, one-click eim technology.

Ahmad Al Fares:

So we've pioneered this concept of, uh, bundling e eim

Ahmad Al Fares:

with, um, you know, bookings.

Ahmad Al Fares:

Like if you, you're booking a flight or a hotel, you'll be able

Ahmad Al Fares:

to add a cellular data plan with.

Ahmad Al Fares:

Mark at checkout, you add it to your trip and you get it as a, as a QR code that you

Ahmad Al Fares:

have to scan with your device to activate it and have it ready for your trip.

Ahmad Al Fares:

Uh, for the traveler, it help, it helps, uh, in saving.

Ahmad Al Fares:

So like you can save up to 80% on data.

Ahmad Al Fares:

So it'll help you to stay connected in destination when

Ahmad Al Fares:

you travel internationally, uh, while saving 80% compared to data.

Ahmad Al Fares:

All right.

Upendra Varma:

So, so essentially, who, who are you trying to sell this to?

Upendra Varma:

Is this your typical traveler?

Upendra Varma:

That's who's sort of going out?

Upendra Varma:

Is, is that who you're trying to sell your Uh, sort of,

Ahmad Al Fares:

so we are with a b2b, a API company.

Ahmad Al Fares:

We, we sell to travel companies.

Ahmad Al Fares:

Okay.

Ahmad Al Fares:

Uh, we, because.

Ahmad Al Fares:

You know, we believe it's easier from a customer perspective, from you ask for

Ahmad Al Fares:

the customer to buy it with the flight

Upendra Varma:

or the hotel.

Upendra Varma:

Sure.

Upendra Varma:

So essentially you sell to travel companies like Expedia and all,

Upendra Varma:

and they end up obviously, uh, sort of giving that service to

Upendra Varma:

their travelers on their platform.

Upendra Varma:

Yep,

Ahmad Al Fares:

exactly.

Ahmad Al Fares:

Because we also help them, um, you know, um, use it to do more

Ahmad Al Fares:

help you like, um, um, maybe.

Ahmad Al Fares:

You know, look at their offerings when you are in destination, maybe to buy

Ahmad Al Fares:

in destination activity attraction or to, to minimize the friction of,

Ahmad Al Fares:

uh, of, of, you know, of your trip.

Ahmad Al Fares:

So when you're traveling and you're connected, you can have, you can

Ahmad Al Fares:

do more obviously with Expedia or Kayak or the travel partner

Ahmad Al Fares:

that is offering the service.

Upendra Varma:

Alright.

Upendra Varma:

Uh, so talk a bit about the exact software that you're trying to sell

Upendra Varma:

these, to sell these big companies.

Upendra Varma:

Right?

Upendra Varma:

So what exactly does it do and sort of, and what's your business model?

Ahmad Al Fares:

So we, we offered them an API that they can integrate with

Ahmad Al Fares:

their, um, websites, mobile apps with any UI they have, um, to their customers.

Ahmad Al Fares:

And, um, yeah, we, we, we make it as, um, one click.

Ahmad Al Fares:

Check out, um, you know, for, for, uh, their travelers.

Ahmad Al Fares:

So if you're, when you're booking the flight, or after you book a flight at, at,

Ahmad Al Fares:

at the confirmation page, you'll be able to add the service exactly like you add

Ahmad Al Fares:

travel insurance, one pick mark you added to your trip and you get it as a QR code.

Ahmad Al Fares:

Um, so we, we sell them, so through the api, they order the em through our

Ahmad Al Fares:

platform and we sell them wholesale.

Ahmad Al Fares:

They.

Ahmad Al Fares:

Retail after adding a markup.

Ahmad Al Fares:

Um, so they make money on, on top of this as a, as a new ancillary

Ahmad Al Fares:

service, or in some cases they offer it for free to the end travel to,

Ahmad Al Fares:

to the traveler or the end user.

Ahmad Al Fares:

Because if you're bundling, let's say a, a flight with a hotel or they have,

Ahmad Al Fares:

like, you have points like through their loyalty program, they may be

Ahmad Al Fares:

able to give it to you completely.

Upendra Varma:

Got it.

Upendra Varma:

All right.

Upendra Varma:

So, so let's talk about your, uh, customers a bit, right?

Upendra Varma:

So now I'm understanding these are your big travel companies.

Upendra Varma:

So can I, can I get a sense of how many sort of customers, uh,

Upendra Varma:

do you work with as of today?

Upendra Varma:

Yeah.

Ahmad Al Fares:

We, we have over, I would say, 20 partners,

Ahmad Al Fares:

uh, signed in, pilot or live.

Ahmad Al Fares:

Mainly the major travel companies.

Ahmad Al Fares:

Um, we work, besides the OTAs, like the online travel agencies, we

Ahmad Al Fares:

also work with airlines and hotels.

Ahmad Al Fares:

And this is recent, but we're gaining traction there.

Ahmad Al Fares:

Um, and it can be any travel company, any travel app.

Ahmad Al Fares:

So if you are offering anything around travel mm-hmm.

Ahmad Al Fares:

and you have international travelers, as as customers, we

Ahmad Al Fares:

can help you add the EM to your.

Upendra Varma:

Got it.

Upendra Varma:

Makes sense.

Upendra Varma:

And, uh, can I ask you what sort of revenue are you doing and

Upendra Varma:

approximately approximate ranges?

Upendra Varma:

Totally work.

Upendra Varma:

If you're comfortable with,

Ahmad Al Fares:

I mean, we, we, we don't share the monthly revenue.

Ahmad Al Fares:

We sh we can, I can tell you like our is doubling every couple months

Ahmad Al Fares:

because international travel is coming back and coming back fast.

Ahmad Al Fares:

So since, since January we grew like 15 x and.

Ahmad Al Fares:

Now every couple months we, whenever the new partner goes

Ahmad Al Fares:

live, we kind of double our

, Upendra Varma:

so how exactly are you pricing your APIs, for example,

, Upendra Varma:

is it on a per traveler basis?

, Upendra Varma:

How exactly does that work?

Ahmad Al Fares:

So we have our, our, our pricing is, um, divided into two.

Ahmad Al Fares:

Um, Let's say two, two buckets.

Ahmad Al Fares:

First, uh, you pay, you pay us a subscription, uh, because for,

Ahmad Al Fares:

for accessing the api, and we have basic pro and pro plus tiers.

Ahmad Al Fares:

So depending on what kind of features you want to have, uh, like for example

Ahmad Al Fares:

with Pro Plus, we can brand the EIM network for you so that you can.

Ahmad Al Fares:

Instead of seeing Celltech as the network name, you can see your brand.

Ahmad Al Fares:

Um, and, and this will help you get mobile impressions and, and have your brand on

Ahmad Al Fares:

the mind of the traveler in destination.

Ahmad Al Fares:

Um, and, and on top of that, we charge you by the eem depending on how many

Ahmad Al Fares:

eems you order in a given month.

Ahmad Al Fares:

So we are, you know, we, we have automatic invo invoicing, uh, that you'll get

Ahmad Al Fares:

our invoice with the subscription.

Ahmad Al Fares:

And the eims that you ordered in a given month, and you pay us accordingly.

Upendra Varma:

Got it.

Upendra Varma:

Right.

Upendra Varma:

So, so, uh, got it.

Upendra Varma:

So let's, let's move on to your, uh, sort of, you know,

Upendra Varma:

growth journey so far, right?

Upendra Varma:

So I wanna deep dive into that.

Upendra Varma:

So, uh, I'm given to understand you've got these big enterprisey customers, right?

Upendra Varma:

So who are sort of making billions or dollars of revenue.

Upendra Varma:

Let's, uh, talk to me about the whole process, right?

Upendra Varma:

I want you to go back and just talk about how you to get that

Upendra Varma:

first couple of customers, right?

Upendra Varma:

First couple of partners, as you might call them.

Upendra Varma:

Yeah,

Ahmad Al Fares:

I mean, that's always the hardest part.

Ahmad Al Fares:

Uh, you know, especially when, I mean, we, we started pre covid and, and we

Ahmad Al Fares:

were, um, we basically pioneered this kind of, um, um, you know, programmable

Ahmad Al Fares:

eem that can be bundled with trip.

Ahmad Al Fares:

And, and we, we added, uh, like, uh, besides having building IP and patents

Ahmad Al Fares:

around that, like on the customer side, it was always starting with a

Ahmad Al Fares:

long journey of testing and piloting.

Ahmad Al Fares:

So most of these big corporates, um, would want to make sure that the service is

Ahmad Al Fares:

reliable, is secure, is um, You know, and then of course it's affordable so that

Ahmad Al Fares:

they can, you know, they can, they can, it can make sense to their end traveler.

Ahmad Al Fares:

Yeah.

Ahmad Al Fares:

Um, so we had to go through like a lengthy process of testing, deploying.

Ahmad Al Fares:

Like many, many, many partners would start with, Giving it to their employees,

Ahmad Al Fares:

testing it in multiple countries before they even start with a pilot.

Ahmad Al Fares:

And then when you start with a pilot, they start with a small group of travelers.

Ahmad Al Fares:

They test it, get feedback, and, and I can say we, we've been always

Ahmad Al Fares:

delighting the, the traveler because we, you know, we, we've done.

Ahmad Al Fares:

Work on even giving you better service than roaming.

Ahmad Al Fares:

Like not only cheaper by 80%, but higher quality of service

Ahmad Al Fares:

in terms of speed and latest.

Ahmad Al Fares:

Yeah.

Upendra Varma:

So, so I, I wanna, I wanna sort of understand that sales

Upendra Varma:

cycle that you've talked about.

Upendra Varma:

I can understand it might take you months or sometimes even years, right?

Upendra Varma:

But how, how did it work out for you during those.

Upendra Varma:

First couple of customers, right?

Upendra Varma:

So how did you manage to sort of get in there, right?

Upendra Varma:

So what was your background?

Upendra Varma:

What worked for you?

Upendra Varma:

How did the top of funnel work and how did you manage to sort of close it?

Upendra Varma:

I just want to sort of understand your journey there, because

Upendra Varma:

that's often the toughest, right?

Upendra Varma:

And especially for a novel company, sort of cracking these big deals is always

Upendra Varma:

going to be a very tough thing, right?

Upendra Varma:

So, so what was your journey like?

Upendra Varma:

What helped?

Upendra Varma:

Yeah,

Ahmad Al Fares:

it, you always have to start with the people.

Ahmad Al Fares:

You know, because I mean, you, you know, people who knows you, um, or people who

Ahmad Al Fares:

know you, like they, they, they'll have trust in maybe making the introduction

Ahmad Al Fares:

or referring you to their contacts.

Ahmad Al Fares:

So I started with my friends from, you know, my engineering school or

Ahmad Al Fares:

my business school where, um, you know, they introduced me to, um,

Ahmad Al Fares:

To leads in the travel space that, that were willing to listen to them

Ahmad Al Fares:

to my pitch because you need to get the first meeting before anything.

Ahmad Al Fares:

And this is, I think, the first hurdle you need to get through.

Ahmad Al Fares:

So you need to, uh, to focus early on, especially early on, on people

Ahmad Al Fares:

who know, who know you, which.

Ahmad Al Fares:

Trust you who have done business with you and, and are willing

Ahmad Al Fares:

to, uh, make the intro for you so these people can, can help you out.

Ahmad Al Fares:

And once you get the intro, once you get the meeting, uh, you, you have

Ahmad Al Fares:

to do the heavy lifting on, on the pitch and the product and, and, and,

Ahmad Al Fares:

you know, be able to get the pilot.

Upendra Varma:

All right.

Upendra Varma:

So, so I'm, I'm, I'm understanding you've got a bunch of intros with,

Upendra Varma:

with your, within your contacts then you then, then you sort of, you know,

Upendra Varma:

managed to convert that into a pilot.

Upendra Varma:

And what, what happened after.

Upendra Varma:

So what, what, what, what, what was the process like back then?

Upendra Varma:

So the

Ahmad Al Fares:

pilot has to be success for the partner to say, you know, this

Ahmad Al Fares:

is interesting, and I can, I can take it to my customers to like, at scale.

Ahmad Al Fares:

Because, you know, these customers, uh, I mean, classically these

Ahmad Al Fares:

partners have been selling.

Ahmad Al Fares:

Very classical products, like a hotel or a flight or something around travel, which

Ahmad Al Fares:

has been around for like years and years.

Ahmad Al Fares:

Uh, versus our product, which is like, uh, new in the space.

Ahmad Al Fares:

It's like a new ancillary, they haven't, it's very heavy tech.

Ahmad Al Fares:

It, it involves networks, uh, cellular networks.

Ahmad Al Fares:

It involves QR codes and eem.

Ahmad Al Fares:

So it's, it's heavily technical.

Ahmad Al Fares:

So, um, we need to nail the pilot and make sure that the pilot is success before.

Ahmad Al Fares:

We get to the next phase, which is, uh, deploying at, you know,

Ahmad Al Fares:

deploying live with our customers.

Ahmad Al Fares:

And, um, and yeah, we, we, we, we, we basically, um, try to make

Ahmad Al Fares:

sure that the pilot is success.

Ahmad Al Fares:

Like be obsessed about like, you know, yeah.

Ahmad Al Fares:

The pilot and, and how it, how, how it

Upendra Varma:

goes.

Upendra Varma:

And then give, give me some data points around like, how much time does

Upendra Varma:

it typically take for your pilot to sort of, you know, for you to sort of

Upendra Varma:

demonstrate that pilot phase, right?

Upendra Varma:

So what's, what's, what does the average time look like?

Ahmad Al Fares:

So when we had no customers, when we started with

Ahmad Al Fares:

the first one, it took 10 months

Upendra Varma:

literally.

Upendra Varma:

Okay.

Upendra Varma:

Um,

Ahmad Al Fares:

but, but like, you know, because so many, like most

Ahmad Al Fares:

of our customer, Here, like learn about the eem technology from us.

Ahmad Al Fares:

Yes.

Ahmad Al Fares:

And they'll be like, what's Eem?

Ahmad Al Fares:

And then you have to explain, it's a digital sim that doesn't

Ahmad Al Fares:

acquire a hardware element.

Ahmad Al Fares:

It's activated by QR code, blah, blah, blah.

Ahmad Al Fares:

So we have like a, a learning curve that we go through with the

Ahmad Al Fares:

customers, but after getting the first.

Ahmad Al Fares:

Like five customers after having these solid references with live deployments.

Ahmad Al Fares:

Some of them, like where we can show how it works on, on online, it's

Ahmad Al Fares:

much easier now for the next one.

Ahmad Al Fares:

So now it's probably, in some cases it's a pilot of few weeks versus few

Upendra Varma:

months.

Upendra Varma:

Okay.

Upendra Varma:

It, it now takes few, couple of months, around weeks, two months.

Upendra Varma:

Is that how it is?

Upendra Varma:

Yeah,

Ahmad Al Fares:

in some cases it's even, it's even shorter.

Ahmad Al Fares:

Like, um, uh, you know, this morning we onboarded a travel app that literally

Ahmad Al Fares:

signed our agreement on Friday.

Ahmad Al Fares:

They, they, they started the onboarding Today, they wanna go live

Ahmad Al Fares:

by end of the month, so, so four weeks from signature to going live.

Ahmad Al Fares:

. Yeah.

Upendra Varma:

And, and how do, how, how many touchpoints do you have, right?

Upendra Varma:

In term, during this, you know, uh, during this pilot phase, right?

Upendra Varma:

How many conversations do you have?

Upendra Varma:

How many meetings do you set up?

Upendra Varma:

So, so, uh, just give me a sense of, you know, what happens during that

Upendra Varma:

pilot stage, especially from your end.

Ahmad Al Fares:

Yeah.

Ahmad Al Fares:

So, Typically you need on average, like in typical SaaS, um, or b2b, um, you know,

Ahmad Al Fares:

sales you have, you have to have around five to eight touch points in terms of,

Ahmad Al Fares:

uh, you know, whether meeting the same decision maker multiple times, or meeting,

Ahmad Al Fares:

meeting mul, meeting multiple decision makers, uh, single times or in, in, in

Ahmad Al Fares:

different, because in many cases, um, To get to live, we have to be vetted like

Ahmad Al Fares:

by the technical people, firstly by the commercial product people who are gonna

Ahmad Al Fares:

be like, looking at the product from a strategic perspective, how much money it

Ahmad Al Fares:

can make them, what kind of engagement they can do, or mobile engagement maybe

Ahmad Al Fares:

with their customers, blah, blah, blah.

Ahmad Al Fares:

But then after that, you have the technical people trying to like, check

Ahmad Al Fares:

it, check the, sorry, the security, the, uh, quality of service, and then

Ahmad Al Fares:

the, the deployability of the api.

Ahmad Al Fares:

So how, how fast they can take it to live, how it works and, and, uh, and

Ahmad Al Fares:

yeah, typically you need these five to eight, let's say touchpoints or meetings

Ahmad Al Fares:

and, um, that can take you to live.

Upendra Varma:

Okay.

Upendra Varma:

So this is, uh, this is still the pilot phase, right?

Upendra Varma:

So when, so, so I'm, so you're saying that you need, you need to sort of get waited

Upendra Varma:

by a bunch of people before you could say that your pilot is a success and Yep.

Upendra Varma:

So, uh, just a couple of things, right from your end, right?

Upendra Varma:

Who sort of interacts with this customer during that pilot phase?

Upendra Varma:

So do you have any sales reps?

Upendra Varma:

Do you have any engineers working with your, uh, potential

Upendra Varma:

customers during this pilot phase?

Upendra Varma:

So, so I just want to understand Yeah.

Upendra Varma:

In terms of man, So depending

Ahmad Al Fares:

on, on, depending on, let's say the, the, depending on who's,

Ahmad Al Fares:

who's the touchpoint from the partner end.

Ahmad Al Fares:

. Um, if, if it's a product, then, you know, I'm, I'm, I'm the product guy, so

Ahmad Al Fares:

I, I typically focus on, on lead these meetings or this touchpoint mm-hmm.

Ahmad Al Fares:

if it's a commercial, if it's a commercial only, we have, uh, you

Ahmad Al Fares:

know, our chief commercial officer or our, uh, chief marketing officer.

Ahmad Al Fares:

If it's a marketing touchpoint, yeah.

Ahmad Al Fares:

Then, um, we, we bring them on board and if it's a completely dev.

Ahmad Al Fares:

Um, then we have, you know, our lead developer kind of pitching in and

Ahmad Al Fares:

leading that touchpoint or that call.

Ahmad Al Fares:

So depending on, on the touchpoint, like in many cases, um, you have.

Ahmad Al Fares:

You know, you have companies that are product led, they don't focus

Ahmad Al Fares:

too much on the tech stuff, so the product manager might be the

Ahmad Al Fares:

leader for all these touchpoints.

Ahmad Al Fares:

Mm-hmm.

Ahmad Al Fares:

. And on, on the flip side, you also have maybe, um, travel apps that are

Ahmad Al Fares:

very technical, that are tech first.

Ahmad Al Fares:

So yeah, in that case it's mainly the developer and, and the secure.

Ahmad Al Fares:

Got

Upendra Varma:

it.

Upendra Varma:

So, so, so typically it's a combination of all of your people to sort of, depending

Upendra Varma:

upon the decision makers out there.

Upendra Varma:

Is that how it works?

Ahmad Al Fares:

Yep.

Ahmad Al Fares:

Yep.

Ahmad Al Fares:

I mean, you need to, uh, you need to be able to, uh, Address their concerns

Ahmad Al Fares:

because every single partner has different angle, different concern.

Ahmad Al Fares:

Yeah.

Ahmad Al Fares:

They'll be coming from a different, a different kind of perspective to, to

Ahmad Al Fares:

why they wanna deploy our technology.

Ahmad Al Fares:

Got it.

Ahmad Al Fares:

And, and as long as you address that, you, you, you can, you

Ahmad Al Fares:

know, you can, you can got it.

Ahmad Al Fares:

Close

Upendra Varma:

a deal and.

Upendra Varma:

So, so now you, you, you've ma you, you've, it, it's been couple

Upendra Varma:

of months you managed to sort of convince all the stakeholders.

Upendra Varma:

Your pilot is a huge success.

Upendra Varma:

Now they're willing to onboard right now.

Upendra Varma:

How much time does it take from that suc, you know, that point to,

Upendra Varma:

uh, to, you know, the, the customer going live with your product?

Upendra Varma:

So how, how, how tough is the onboarding process?

Ahmad Al Fares:

So, I mean, we.

Ahmad Al Fares:

We, we make sure we, we have great dev experience we call it, because besides the

Ahmad Al Fares:

ux, the user experience and, and, and you also need to have great dev experience,

Ahmad Al Fares:

which is the onboarding process.

Ahmad Al Fares:

We always say we have a record time of two hours, like the, the, the, the shortest

Ahmad Al Fares:

time of, of a developer deploying our api.

Ahmad Al Fares:

It has been two hours, but it's gonna depend on, uh, you know, on the

Ahmad Al Fares:

partners how, how the partner wanna.

Ahmad Al Fares:

Kind of presented or show Yeah, show the qr for example.

Ahmad Al Fares:

So, um, so while the API can be deployed in two hours, the QR code,

Ahmad Al Fares:

how you show the QR code when they buy, let's say when the traveler buys

Ahmad Al Fares:

the service, um, can, can, can be in different formats, different UIs.

Ahmad Al Fares:

So I'm, I'm, I'm partner,

Upendra Varma:

get a sense of how mu on an average, how much time does it take from,

Upendra Varma:

from that successful pilot to say go live.

Ahmad Al Fares:

So from two hours to two weeks, depending on the department,

Upendra Varma:

it's still, it's still in weeks, right?

Upendra Varma:

It's still in weeks.

Upendra Varma:

It's not months or quarter.

Ahmad Al Fares:

No, it's, it's in weeks because, I mean, the a,

Ahmad Al Fares:

we made the API simple enough to go live into hours, literally.

Ahmad Al Fares:

But it's depending on the partner, what kind of UI they wanna

Ahmad Al Fares:

use in their app or website.

Ahmad Al Fares:

It can take them some work on how they present the QR code

Ahmad Al Fares:

and that that's up to them.

Ahmad Al Fares:

Sometimes it takes a couple days, sometimes a couple weeks,

Ahmad Al Fares:

but I can say the, the, the range is few hours to few weeks.

Ahmad Al Fares:

Got it.

Upendra Varma:

And, and do you need any handholding during this?

Upendra Varma:

Of of, of sort of going live, especially from your engineers, because this is a,

Upendra Varma:

this is an engineering product, right?

Upendra Varma:

I mean, this is a technical API type.

Upendra Varma:

Not

Ahmad Al Fares:

much.

Ahmad Al Fares:

Not much.

Ahmad Al Fares:

I think once the partner allocates the dev resources, I think the, so we

Ahmad Al Fares:

have an open api, like our API has, uh, a swagger spec file, which is the

Ahmad Al Fares:

classical, let's say open API structure.

Ahmad Al Fares:

And, um, yeah, once, um, a developer.

Ahmad Al Fares:

Has that with the, with the, with the details, with the technical documentation,

Ahmad Al Fares:

they can run on their own with that.

Ahmad Al Fares:

Um, so it doesn't require much handholding.

Ahmad Al Fares:

Uh, you know, I, it's, it, it just, the, the most time consumption phase

Ahmad Al Fares:

is the pre-approval phase, I would say.

Ahmad Al Fares:

Yeah.

Upendra Varma:

Okay.

Upendra Varma:

Makes sense.

Upendra Varma:

Makes sense.

Upendra Varma:

That's where you're trying to convince them.

Upendra Varma:

Alright, so, so one, one last question around, you know, so, so

Upendra Varma:

my question is now how are you gonna scale it from let's say, 20 partners

Upendra Varma:

to, let's say 200 partners, right?

Upendra Varma:

So you've gotta scale this entire process up.

Upendra Varma:

And I'm trying to understand in terms of the playbook that you might

Upendra Varma:

have sort of created so far, right?

Upendra Varma:

And how exactly is that going to work?

Upendra Varma:

Because, uh, especially during that convincing.

Upendra Varma:

I'm understanding that your engineers might also have to jump in to sort

Upendra Varma:

of convince your stakeholders, right?

Upendra Varma:

So a lot of people might have to jump in, right?

Upendra Varma:

So now how are you gonna scale this process to sort of

Upendra Varma:

grow that customer account?

Upendra Varma:

What's in the plan?

Upendra Varma:

So,

Ahmad Al Fares:

so, so, um, I mean, obviously we continue to improve on, on

Ahmad Al Fares:

the dev, um, experience on the onboarding process, even on, on, uh, because we're

Ahmad Al Fares:

learning now more on how our partners are deploying, like what kind of UIs

Ahmad Al Fares:

they're using to, to uh, um, kind of show it to, to their customers and

Ahmad Al Fares:

which UI are converting the, the most.

Ahmad Al Fares:

Yeah.

Ahmad Al Fares:

Um, so now we have this data.

Ahmad Al Fares:

So we eventually we we're gonna have.

Ahmad Al Fares:

Code snippets, examples for our partners that are gonna help

Ahmad Al Fares:

them with faster onboarding.

Ahmad Al Fares:

Mm-hmm.

Ahmad Al Fares:

. So, um, maybe the first partner took.

Ahmad Al Fares:

More than two hours, maybe.

Ahmad Al Fares:

I would say 20 hours.

Ahmad Al Fares:

Now we're at two, but eventually it can be a few minutes because once we

Ahmad Al Fares:

know what's the standard most optimal way of deploying, not only the api,

Ahmad Al Fares:

also showcasing the, showing the UI on on the partner website or app, then

Ahmad Al Fares:

we can recommend it to our partner.

Ahmad Al Fares:

And then in this case it can be, it can go even faster.

Ahmad Al Fares:

Um, so.

Ahmad Al Fares:

Our common customer is gonna have, gonna have even more informed, uh, decision

Ahmad Al Fares:

than gonna be able to make more informed decisions because we're gonna tell them.

Ahmad Al Fares:

If you do it this way, it's gonna convert at this much.

Ahmad Al Fares:

If you do it this way, it's gonna, it's not gonna be optimal.

Ahmad Al Fares:

Um, this is first and second, they're gonna have these code

Ahmad Al Fares:

snippets that they can deploy so they don't have to like write code.

Ahmad Al Fares:

I mean, it ultimately want this to be like couple lines of code and

Ahmad Al Fares:

we can get that maybe in, in, in, in, in a year or two or something.

Ahmad Al Fares:

But on top of.

Ahmad Al Fares:

Our existing customers are big customers and we have so much

Ahmad Al Fares:

potential for scale within them.

Ahmad Al Fares:

So, so as, as we have more data on how the consumer is using it, what

Ahmad Al Fares:

kind of, uh, conversion rates they're getting, how we can improve it, we can

Ahmad Al Fares:

go back to existing customers and say, Hey, maybe you, you need to optimize

Ahmad Al Fares:

this touchpoint with your traveler.

Ahmad Al Fares:

To do it this way instead of that way to do it in booking instead of post booking,

Ahmad Al Fares:

to do it, um, to do the one click instead of, uh, landing page, stuff like that.

Ahmad Al Fares:

And, and, um, and I think, uh, you know, within, within our

Ahmad Al Fares:

side, customers we can grow to.

Ahmad Al Fares:

Massive revenues because probably we have

Upendra Varma:

like, so, so, so, I, I, from, from what they understand,

Upendra Varma:

that's, that's something that you really can't control, right?

Upendra Varma:

I mean, if a, if a partner on boats, it essentially, whoever, you know,

Upendra Varma:

whatever sort of traffic that he's got, he's essentially sort of sending

Upendra Varma:

it towards you already, right?

Upendra Varma:

Because, uh, so now how exactly can you.

Upendra Varma:

Expand your account because now whatever customers, whatever users

Upendra Varma:

that they have, they're essentially sending it to you Al already.

Upendra Varma:

Right.

Upendra Varma:

There's nothing much that you can do to sort of expand, for example, land a

Upendra Varma:

hundred k deal and grow it to a million.

Upendra Varma:

Is that something that you can do?

Upendra Varma:

No,

Ahmad Al Fares:

no.

Ahmad Al Fares:

That's, that's, that's why I mentioned, um, because the way they

Ahmad Al Fares:

present it and the way they, they offer it can make or break the offer.

Ahmad Al Fares:

Got it.

Ahmad Al Fares:

Like you have, we've seen, we've seen deployments that convert.

Ahmad Al Fares:

0.5% of the time.

Ahmad Al Fares:

Oh, okay.

Ahmad Al Fares:

So they, they need like 200 impressions to get one customer.

Ahmad Al Fares:

Yeah.

Ahmad Al Fares:

At the same time, we've seen deployments that convert 20% of the time.

Ahmad Al Fares:

Yeah.

Ahmad Al Fares:

So

Upendra Varma:

essentially it's about that conversion in that sense.

Upendra Varma:

Right.

Upendra Varma:

Exactly.

Upendra Varma:

It's, you're not selling or cross selling essentially.

Upendra Varma:

You are trying to optimize where.

Upendra Varma:

Partner puts it right.

Upendra Varma:

Something like that.

Upendra Varma:

Exactly

Ahmad Al Fares:

how they present it, where they put it, like where they

Ahmad Al Fares:

put it at what stage of the trip.

Ahmad Al Fares:

Like we had, we we're talking now to customers that are trying to

Ahmad Al Fares:

also offer it online and they have like, uh, an attach rate of 60%.

Ahmad Al Fares:

Mm-hmm.

Ahmad Al Fares:

, so it's massive because Yeah.

Ahmad Al Fares:

It's, it's different.

Ahmad Al Fares:

So we, we can, this is more like account management and, and, and now we're

Ahmad Al Fares:

learning how, how to look into that.

Ahmad Al Fares:

Because if you go from.

Ahmad Al Fares:

Of 1% to 10% sure you can literally 10 x an account, you know, 10 x an

Ahmad Al Fares:

account without much effort because that account is already signed, already live.

Ahmad Al Fares:

They just need to optimize, um, you know, where they offer the, the, the

Ahmad Al Fares:

service.

Upendra Varma:

Got it.

Upendra Varma:

That's, that's very interesting to be honest.

Upendra Varma:

Alright, so let's, let's try to wrap this up, right.

Upendra Varma:

So, so just wanna get few data points around your company.

Upendra Varma:

So when did you start the company?

Ahmad Al Fares:

So I started the company in, like I was working

Ahmad Al Fares:

on Celltech 2018 part-time I.

Ahmad Al Fares:

Started full-time in summer 2019, and we got our first major pilot in

Ahmad Al Fares:

March, 2020 exactly when Covid hit.

Ahmad Al Fares:

Yeah.

Ahmad Al Fares:

And it was, it was literally two days before the US shut down, traveled

Ahmad Al Fares:

to, uh, you know, internationally.

Ahmad Al Fares:

So we had.

Ahmad Al Fares:

To put it on hold and, you know, keep building during covid.

Ahmad Al Fares:

Uh, when, when international travel was on hold until it's back, it, it, it came

Ahmad Al Fares:

back last, let's say in Q4 last year.

Ahmad Al Fares:

So in Q4 last year, we started seeing traction from our partners coming back

Ahmad Al Fares:

saying, Hey, we're ready now, you know, started getting the international traffic.

Ahmad Al Fares:

So from Jan, We started seeing increase in, in, in, in, in

Ahmad Al Fares:

interest and, and deployments and, you know, leads and funnels.

Ahmad Al Fares:

So we're, we're, we can't complain about growth now.

Ahmad Al Fares:

We just need to catch up with that kind

Upendra Varma:

of growth.

Upendra Varma:

And then how many folks do you have in your team as of today?

Ahmad Al Fares:

So between full-time and part-time, uh, with a team of.

Ahmad Al Fares:

12 people at the moment, which we're hiding, obviously.

Ahmad Al Fares:

Uh, we continue to hire.

Ahmad Al Fares:

And, and how many engineers?

Ahmad Al Fares:

Well, so, so funny enough, till till Jan.

Ahmad Al Fares:

Till Jan is here, we've been a hundred percent engineers.

Ahmad Al Fares:

Like we've been a bunch of gigs, like eight engineers now since Jan.

Ahmad Al Fares:

Um, we.

Ahmad Al Fares:

You know, our chief commercial officer joining our chief marketing

Ahmad Al Fares:

officer, our sales rep, um, you know, our outreach, um, uh, rep.

Ahmad Al Fares:

So we have, so now we have a sales team, and it happened only this year

Ahmad Al Fares:

because, yeah, we, before this year we didn't have the, we didn't have

Ahmad Al Fares:

international traffic basically.

Upendra Varma:

And who, who, who bought you those first bunch

Upendra Varma:

of deals then without any ecls?

Upendra Varma:

Is it, was it you?

Ahmad Al Fares:

Yeah.

Ahmad Al Fares:

I mean, I'm, I, I happened to be an engineer with an mba, so I did my MBA

Ahmad Al Fares:

at NCI in France, and that gave me a bit of commercial skills, so it was mainly

Ahmad Al Fares:

20% of my time doing, doing sales.

Upendra Varma:

Got it.

Upendra Varma:

And, and did you raise any external funding so far?

Ahmad Al Fares:

Yeah, so we, we raised a couple months

Ahmad Al Fares:

back, we raised our small seed.

Ahmad Al Fares:

Uh, it was led by Cove Fund from South, uh, from uh, Polish County here in SoCal.

Ahmad Al Fares:

And, um, uh, Cove is, um, Cove is, is backing us up to,

Ahmad Al Fares:

um, basically go to Series A.

Ahmad Al Fares:

We, we, we expect to go to Series A, maybe in a.

Ahmad Al Fares:

Um, few months, maybe in Q3 next year.

Ahmad Al Fares:

Um, and yeah, at the current pace, um, we should be easily doing it in Q3 next year.

Ahmad Al Fares:

Um, and on top of Covid, we have blue startups, we have TechCo

Ahmad Al Fares:

Angels, we have Hawaiian Angels.

Ahmad Al Fares:

Obviously before our seed, we had a bunch of early backers as let's say, uh,

Ahmad Al Fares:

angel investors and, uh, angel groups, and we are so grateful for, for their.

Upendra Varma:

And where you gonna invest this, this money

Upendra Varma:

that you've raised going forward?

Upendra Varma:

So what, what's

Ahmad Al Fares:

mainly sales?

Ahmad Al Fares:

Sales mainly?

Ahmad Al Fares:

Mainly growing sales.

Ahmad Al Fares:

Like we, we already invested part of that in building the sales team.

Ahmad Al Fares:

Mm-hmm.

Ahmad Al Fares:

. So my co-founder, um, rich Bratton, who's the ex VP of Kayak from their

Ahmad Al Fares:

early days till their post ipo.

Ahmad Al Fares:

Is basically the, uh, our chief Commercial Officer, and he is the one

Ahmad Al Fares:

building our sales, our sales team.

Ahmad Al Fares:

Mm-hmm.

Ahmad Al Fares:

, uh, and sales cap capabilities.

Ahmad Al Fares:

So we're investing heavily in, in sales and marketing because we didn't have

Ahmad Al Fares:

any sales of mar or let's say we, we, we just had 20% of my time for sales

Ahmad Al Fares:

and marketing before January, 2022.

Upendra Varma:

Yeah.

Upendra Varma:

That, that makes a lot of sense.

Upendra Varma:

And that's, that's, that looks like the right way forward, so that's why

Upendra Varma:

I ha So typically I focus on growth stories a lot, but I've realized it,

Upendra Varma:

it, it was mostly ponder led sales, so I sort of moved into your conversion

Upendra Varma:

funnel and how it all worked for you.

Upendra Varma:

Yeah.

Upendra Varma:

So that's, that's really great.

Upendra Varma:

Yeah.

Upendra Varma:

Alright Al, thanks for taking the time to talk to me.

Upendra Varma:

Hope you scale, you know, cel take to much, much greater heights.

Ahmad Al Fares:

My pleasure man.

Ahmad Al Fares:

Thank you for reaching out and it has been a pleasure talking to you man.

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