Premoney 22: Plerk & Empower Social

Welcome to week 22! Instead of a lookback this week, I’m featuring a friends company that has a very similar mission to mine (enabling & empowering more founders). Check out the Partner Shoutout below and let me know what you think. Note, if you end up buying a No Code MBA package, I’ll receive a small cut from them as a thank you.

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🛠 Premoney Partner Shoutout: No Code MBA

Company: No Code MBA

Founder: Seth Kramer

About no code: “No code” refers to tools that provide users the ability to build things that previously would require proper technical training. Modern “no code” tools allow for non-technical founders to building anything from landing pages, MVPs to full-fledged products without being a developer. This severely expands the amount of innovation that can happen by empowering more and more founders to get started.

No Code MBA: The No Code MBA provides courses, templates and bootcamps to help turn your idea into reality.

Personal Note: I’ve used a combination of no-code tools to test & build multiple platforms, and highly recommend anyone interested in dabbling in entrepreneurship to give no-code a shot.

No Code MBA offer: Premoney readers get 50% off if you purchase by Jan 28th.

This weeks companies:

Company: Plerk

Founders: Miguel Medina, Ángel Arias & Antonio Martínez

Stage: Pre-seed, YC alum, raising $350k (rest of the round committed).

Vertical: HR, Fintech

Business Model: B2B2C

1-liner: Where fintech meets human resources, focused on LATAM.

Description: Plerk is helping companies to increase productivity (80%) and retention (50%) by making employees happy with flexible perks and benefits. Plerk helps companies support their workforce through personalized perks & benefits for all employees, regardless of location. Plerk is primed to become the people platform for Latin America and US-based companies hiring Latin American teams.

We are building the must-have HR platform for LatAm by providing additional services such as Local & International Payroll, Personal Banking and Financing, and more.

Traction:

• A recent law requires all Mexican companies to cover costs of certain work from home needs (wifi, electricity etc.) causing an influx of interest.

• 3 companies currently onboarded

• 10+ companies and 700 employees in waiting list

Fun fact from Miguel: “I am magician.”

Company: Empower

Founder: Dan Forman

Stage: Seed, raising up to $2M

Vertical: Marketing, Ad Tech

Business Model: SaaS, Subscription

1-liner: A digital marketing team in your pocket.

Description: A new and better way to buy digital marketing services.

With changes in technology moving at an increasing pace and a proliferation of choices, businesses are struggling to navigate the complexity of today’s marketing ecosystem. Empower’s Digital Assistant transforms the way online marketing is rendered, making it simple, efficient and affordable.

Traction:

• 🚀 $120K MRR+ on the beta

• Very strong growth MoM

• 90 clients currently onboarded

Fun fact from the founder: First screen-name was Armitage, named after the hero from Shadowrun.

Thanks again to this weeks partner, 🛠 No Code MBA 🛠

See you next week!

Jake