Problem in plain English, five hard traction bullets, a reference to the investor's own talk, and a 30-minute ask. Lemkin funded it.
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Subject: Mapistry -- SaaS for environmental regulations -- Fortune 500 Customers -- Seed
Hi Jason,
My name is Allie, and I am the CEO of Mapistry. Mapistry is a SaaS application for environmental regulations at industrial facilities. Environmental regulations are notoriously confusing and complicated, yet the technology used to manage them is usually no more sophisticated than excel spreadsheets and email. This system leaves manufacturing companies vulnerable to multi-million dollar lawsuits and severe damage to their brand.
Traction & numbers:
• customers include Fortune 500 companies like 3M, Republic Services, Tesla and Procter & Gamble
• growing 15% month over month
• September revenue: $67K
• fully ramped, our existing customer base corresponds to a $4M run rate.
• United States TAM: $3.7B ($1T environmental market globally)
You can check out more details about Mapistry in a short deck here.
I am raising a seed round of funding for Mapistry to maximize on our recent momentum, expand our product to other environmental domains (focused on stormwater to date), and continue to develop software that automates services traditionally provided by environmental consultants.
I've been following SaaStr for a while. In particular, I saw your talk with Veeva from the SaaStr conference and I'd love to talk to you about how we fit into this trend of vertical SaaS. One of the reasons so few companies are using software for environmental compliance is that the only tools available
