Hello Apoorve, I'm so excited about this as an excel user. Your pitch is the best I've ever seen, so quick to the point about what the product is and what problem is solves. Quick question, I keep trying to convert 2 million companies with 100 employees at $20 per user per mon...

Hey Meredith, thanks for the kind words! The calculation is this: 2.2M companies * 30 people within each company using it * $20/user/month * 12 months = ~$15.84 B The global BI adoption rate is 25-30%, meaning that a company of 100 employees will have 25-30 people using a BI tool. And since we're targeting even larger companies with >100 employees, we have conservatively estimated 30 people. Hope that's helpful!

Thanks for your explanation! I understand now. Do you plan to expand this and make other tools, not just BI? I work in supply chain operations and have implemented several inventory/ERP systems. A lot of stuff can be done in excel and implementing new systems can be expensive ...

BI is the biggest category we have identified till now, so we are focusing on it first. But with the tool creation kit we are building on top of Excel, it's certainly possible that we extend it to other categories like inventory management (and ERP)!

Is this a US or Indian company? Looks like Delaware incorporated here but is revenue recognized in the US?

It's Delaware headquartered with a subsidiary in India. Revenue is recognised in the US.

Tersho (YC S22) Updates, Team, and Funding Progress | Wefunder, Home of the Community Round

Helps connect spreadsheets to all your data sources and build insightful visualizations

$1.5k MRR from 9 dashboards in 3 weeks

Removes reliance of non-tech people on data teams

$16B market opportunity (2.2m businesses with 100+ employees * 30 seats * $20/seat)

$650k raised from Endurance Capital + founders/CXOs @ Airbnb, Nutty Gritties, TradeIndia

Tersho (YC S22)

No-code BI tool that lives in spreadsheets

$150,000

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Tersho (YC S22)

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$150,000

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