Customer Discovery · Case Study
Pinpointed the problem-owner buyer in an emerging privacy category and created SQLs.
- Industry
- Cybersecurity
- Funding Stage
- Seed
- Engagement
- Customer Discovery
Airavana is an AI powered cloud platform empowering InfoSec and Privacy teams to get unified visibility of sensitive customer data across 150+ cloud applications.
Airavana continues to operate its AI-powered data security and privacy platform from Palo Alto, backed by Sequoia's Surge at the seed stage.
The Challenge
Airavana found initial success in the US healthcare market and sought to leverage insights learned working with these customers to validate hypotheses at a broader scale. As such, the JJELLYFISH team was brought in to help with this feat.
The Solution
JJELLYFISH and Airavana worked on defining an initial Ideal Customer Profile (ICP) to test. Due to the varying levels of cloud adoption in the Healthcare/Hospital industries, we sought out to add new industries known to have similar problem sets with large loads of sensitive data: Computer Software. We also added contacts from the Financial Services industry under the presumption that protecting sensitive data would be top priority there too.
In addition to testing the 3 different industries, it was also critical that we explore various titles to find an entry point. Due to Privacy Operations being a new and nascent space, we wanted to learn more about who owns which parts of the problem. Specifically, we wanted to know if our ideal customer had a Privacy, Information Security, or Compliance title.
The Results
After 20 field conversations (200% to goal) with prospects from the defined ICP, we were able to identify titles who were clear problem owners. Considering that Privacy is a nascent market, apart from the hypothesis validation, we were also able to get new insights to get a better understanding of the market.
Beyond the original scope of the engagement, we were able to secure second calls with 30% of the contacts spoken to and created sales qualified opportunities. In addition, JJELLYFISH helped the Airavana team refine their customer-facing product demo, and gave feedback on how to structure it to resonate with the ICP and bring life to the conversation.
Ashish Verma, Co-Founder & CEOIt has been really nice working with the team!
A lot of [GTM] insights came in via the structured way of handling these [buyer] conversations. Thank you so much for the feedback and coaching throughout.
JJELLYFISH took a methodical approach to early stage customer discovery and working together was insightful and fun. There was nothing to dislike.