July 2022 Update

What's happening at Krepling

Author

Liam Gerada
August 15, 2022

Introduction

During the month of July our core focus, outside of development, has been on exploring and expanding Krepling's current agency acquisition channels to wider audiences as well as expanding its integration offerings to landscapes like dropshipping and subscription packages. We hope to expand our partner offering to e-commerce agencies with a wider footprint within the headless and enterprise space in the coming months.

Revenue 🚀

Krepling is now at $18.3k in MRR, growing roughly 6-10% MoM.

Burn 🔥

Krepling spent $42,129 during the month of July. We still expect burn to increase during the month of August as we hone in on the pilot release with a downtick during the month of September and November. We expect the average burn to come back down $20,000-30,000.

Runway 🛫

We estimate we have 8-12 months of runway given the current cash on hand.

Team Size 👥

Krepling currently has 9 team members (including both co-founders).

Click here to explore openings at Krepling

We are currently hiring for the following roles:

  • VP of Engineering (Remote)

  • Senior Full Stack Engineer (Krepling Pay, Remote)

  • Senior Backend Engineer (Remote)

We are hiring in almost every sector! Feel free to reach out with resumes you feel we should be taking a look at.

Product Update ⚙️

The current development status of V0.1.0 of the product (titled 'Core Release') is at 59%

Sprint 11: From 21/07 to 03/08

  • GOAL: 

  • Solve Bugs regarding products and variants, and improve performance

  • Add variants - Edit variants

  • Delete variants

  • Working on Asset manager components

  • Functionality to have all free stores under the domain mykrepling.com

  • Ability to Get Currency by country

  • Functionality to have a country filled based on IP address or Geolocation of shopper.

  • Show the variants on the merchant's store

  • Show price and promotion price on store (product list)General lists for Collections and Tags

Sprint 12: From 04/08 to 17/08

  • GOAL: 

  • Complete Registering to the Store

  • Asset Management Components

  • Edit Variants, Change the columns for variants, and other details

  • View/Edit Buyer Account on Mock Storefront

  • Create the list of Buyers in Marketing

  • Solve bugs

  • Get Unit by Country

  • General lists for Tags and Collections

  • See product Highlights on Product page

  • Store Communications Service

  • Add address for Buyer on Mock Storefront

Asks and Discussions 🗣

There are no asks or discussions this month.

Reach out 👋

My email: [email protected]

Click here to book a meeting with me directly.

Best, Liam