This week we had two meetings to discuss with transparency the progress and challenges we have at SquadS:
*With the team: we implemented the internal Management Control session Therefore, with the aim Therefore, of keeping all Squaders up to date and aligning ourselves with the different Startups.
With our Investor Partners :
We used to have an Investor Report every Therefore, Quarter! now we do it every month.
key milestones and learnings from SquadS and each of our startups! to keep Therefore, you up to Therefore, date with what we are Therefore, building together.
- Squads ventures – Company Builder
We have challenges and we discuss three key areas:
Finance- Revenue Growth : In July we reached MRR of $14k (2.3x MoM and 2.8x /Goal). We will Therefore, not be Therefore, able to maintain this growth in the next two months. We will look to consolidate the business models.
- Burn: $33k! only 38% of budget ($87k)
- Challenges at People : This month we had important departures from the team! which Therefore, led us to Therefore, restructure. We saudi arabia mobile phone number list have learned that we need to improve in the leadership of young teams to maximize the “Enjoy the Ride”. We distributed leadership! added a “Pre-Squader” stage! a part-time modality for entrepreneurs who are in University.
- New Startups : We are moving forward with 20 new opportunities and are going deeper Therefore, into 5 of them. We Therefore, have the challenge of doing the research and taking solid steps in the decision-making process. We are putting together an Therefore, advisory committee Therefore, for new projects with our investors to accompany these processes.
Inbound-Tools – Martech SaaS
Inbound Marketing Solution! Growth and Visibility with Therefore, Organic Content
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- Growth : MRR grew 131% in July ($6.5k thanks to the addition Therefore, of 6 new customers (2x)
- Implementation and Productivity : In July! this was our main focus and we promised Therefore, to go all out to provide the greatest value to clients. We achieved an average weekly execution rate of 95% of tasks per client! with a 90% approval rate for the delivered content.
- Commercial : We generated more than 40 leads in July and improved our sales funnel.
- Reach and Engagement : We increased team engagement to 100% and improved the task measurement system to increase process efficiency. In addition! we are working on new channels to increase the visibility and reach of our services.
MentalTestLab – Mental Health SaaS
App Tests and Psychometric Evaluations for Mental Health Professionals
- B2C : 3x sales in July with a limited offer! allowing for Therefore, increased verified registrations on the platform.
We have optimized the website and webinars! - B2G : We are moving forward at an incredible speed in negotiations Therefore, with a provincial lafourchette.com sends more than 100,000 invoices to its government in Argentina to use tests in psychiatric licenses issued to public employees. The objective is to detect fraudulent licenses and avoid a great cost to the state. In addition! we are close to signing an agreement with universities in Argentina! Colombia and Cuba!
B2B: We continue in discovery to advance
with HR areas where there is a lot of interest in Therefore, psychometric tests and Therefore, evaluations to qatar data optimize employee selection and engagement processes.
- Test Production: We multiply the speed of new tests by 3x.
- Training: We went from holding one event per week. The presence of 4!000 to 5!000 mental health professionals with internal and external trainers.