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.
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.