The SaaS CFO

Harvard Professor Turned AI SaaS Founder Raises $17M


Listen Later

Welcome to The SaaS CFO Podcast! In today's episode, our host Ben sits down with Matt Welsh, CEO and co-founder of Fixie AI. Matt shares his fascinating journey, starting from academia to Google and eventually venturing into the world of startups.  
 
As a technical expert, Matt dives into the products and services offered by Fixie, highlighting their mission to simplify the integration of large language models into various applications. With a strong founding team, Fixie is making strides in the AI realm, and Matt discusses their growth plans and the challenges of harnessing the team's expertise.  
 
Join us as we learn more about Fixie's path towards product-market fit and revenue generation. Tune in now! 
 

Show Notes 

[00:01:35] Simplifying language models integration with Fixie. 

[00:05:49] Four founders, Zach Cook, Justin Uberti, Hassan Bagharinazad. 

[00:09:26] Dual approach: devs and companies seeking AI integration. 

[00:10:49] Combining blog posts, community, SDK, demos, hackathons, targeting developers. 

[00:14:04] Raised $17 million in seed funding round. 

[00:18:53] My blog post on raising $5M seed: market hot, team backgrounds key. Expectations higher for founders without resumes. Learned VC firms are partners, not just cash. 

[00:20:45] Early indications of product market fit; Series A; ARR benchmark; developer platform metrics; proxies for traction and revenue. 

 
Links 

SaaS Fundraising Stories: https://www.thesaasnews.com/news/fixie-raises-17-million-in-seed-round 
Fixie.ai LinkedIn: https://www.linkedin.com/company/fixie-ai/ 
Fixie.ai Website: https://www.fixie.ai/ 
Matt Welsh’s LinkedIn: https://www.linkedin.com/in/welsh-matt/ 
 

To know more about Ben check the links below:

Subscribe to Ben’s SaaS newsletter: https://mailchi.mp/df1db6bf8bca/the-saas-cfo-sign-up-landing-page

SaaS Metrics courses here: https://www.thesaasacademy.com/

Join Ben’s SaaS community here: https://www.thesaasacademy.com/offers/ivNjwYDx/checkout

Follow Ben on LinkedIn: https://www.linkedin.com/in/benrmurray

 

...more
View all episodesView all episodes
Download on the App Store

The SaaS CFOBy Ben Murray

  • 5
  • 5
  • 5
  • 5
  • 5

5

3 ratings


More shows like The SaaS CFO

View all
Freakonomics Radio by Freakonomics Radio + Stitcher

Freakonomics Radio

32,131 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

532 Listeners

The Official SaaStr Podcast: SaaS | Founders | Investors by SaaStr

The Official SaaStr Podcast: SaaS | Founders | Investors

172 Listeners

WSJ What’s News by The Wall Street Journal

WSJ What’s News

4,357 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

1,087 Listeners

CFO THOUGHT LEADER by The Future of Finance is Listening

CFO THOUGHT LEADER

128 Listeners

The SaaS Podcast: Build, Launch & Scale Your SaaS by Omer Khan

The SaaS Podcast: Build, Launch & Scale Your SaaS

184 Listeners

The Daily by The New York Times

The Daily

112,351 Listeners

Up First from NPR by NPR

Up First from NPR

56,419 Listeners

FT News Briefing by Financial Times

FT News Briefing

677 Listeners

My First Million by Hubspot Media

My First Million

2,645 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,862 Listeners

SmartLess by Jason Bateman, Sean Hayes, Will Arnett

SmartLess

58,250 Listeners

The Economics of Everyday Things by Freakonomics Network & Zachary Crockett

The Economics of Everyday Things

1,658 Listeners

SaaS Metrics School by Ben Murray

SaaS Metrics School

11 Listeners