All Episodes

June 6, 2025 84 mins

Vertical SaaS customers don’t buy software for 10 months, they buy it for 10 years. That’s the opportunity and the challenge. Switching costs are high, which makes it hard to get in but once you’re in, you’re in.

But regular SaaS playbooks don't work here. Forget PLG. Forget design partners. These industries have been burned too many times by bad software. Here, Trust defines GTM. Think warm introductions and on-site meetings, not cold emails and Zoom calls.

But for founders building in vertical SaaS, there’s little to learn from. So in this episode of The Neon Show, we bring together three founders who are building in the trenches of Vertical SaaS.

  • Omkar Patil, Co-founder of Pienomial, helping biopharma companies run faster clinical research and unlock insights from complex drug data.
  • Kumar Siddhartha, Co-founder of Merlin, rebuilding ERP from the ground up for the US construction industry.
  • Divyaanshu Makkar, Co-founder of WizCommerce, modernising sales and commerce tools for wholesale distributors.

If you’re building SaaS for niche markets or wondering why traditional playbooks are failing, this episode is for you.

0:00- Pienomial X WizCommerce X Merlin

0:51 – What are we building in Vertical SaaS?

4:29 – Vertical SaaS buyers are sticky by nature

6:57 – How to build for industries used to Below-Par Tech?

10:46 – Fix what your customer hated about the last vendor

12:17 – Why these industries pay billions for implementation?

13:38 – How we got our First customers?

20:03 – Warm intros and word-of-mouth still win

23:56 – Why Design Partners don’t work in Vertical SaaS?

27:17 – Why you should never sell your first product for free?

30:29 – Can you Co-build products with early customers?

34:33 – Building Your Own Platform Vs Building on Top of one

39:33 – Building alongside Legacy players or innovating around them?

44:31 – SaaS isn’t going anywhere, AI will amplify it

46:49 – Can AI agents really be reliable?

48:42 – Which roles shouldn't be automated?

52:16 – How to approach GTM where users guide you?

54:43 – Why trust is everything here?

58:54 – How to sell softwares used for 10 years?

1:01:02 – How to win when the product demo comes last?

1:03:16 – Why NOW for traditional industries with unsolved problems

1:09:17 – Thoughts on agentic workflows

1:13:02 – Why be Bearish on the “AI Employee Concept”?

1:16:57 – Rapid Fire : Google or Perplexity?

1:17:37 – LLMs: Open-source or Closed?

1:18:19 – Favorite work software + We're hiring!

1:19:42 – One business buzzword that should disappear

1:20:55 – A Vertical SaaS company we admire (and why)

-------------

​​India’s talent has built the world’s tech—now it’s time to lead it.

This mission goes beyond startups. It’s about shifting the center of gravity in global tech to include the brilliance rising from India.

What is Neon Fund?

We invest in seed and early-stage founders from India and the diaspora building world-class Enterprise AI companies. We bring capital, conviction, and a community that’s done it before.

Subscribe for real founder stories, investor perspectives, economist breakdowns, and a behind-the-scenes look at how we’re doing it all at Neon.

-------------

Check us out on:

Website: https://neon.fund/

Instagram: https://www.instagram.com/theneonshoww/

LinkedIn: https://www.linkedin.com/company/beneon/

Twitter: https://x.com/TheNeonShoww

Connect with Siddhartha on:

LinkedIn: https://www.linkedin.com/in/siddharthaahluwalia/

Twitter: https://x.com/siddharthaa7

-------------

This video is for informational purposes only. The views expressed are thos

Send us a text

Mark as Played

Advertise With Us

Popular Podcasts

New Heights with Jason & Travis Kelce

New Heights with Jason & Travis Kelce

Football’s funniest family duo — Jason Kelce of the Philadelphia Eagles and Travis Kelce of the Kansas City Chiefs — team up to provide next-level access to life in the league as it unfolds. The two brothers and Super Bowl champions drop weekly insights about the weekly slate of games and share their INSIDE perspectives on trending NFL news and sports headlines. They also endlessly rag on each other as brothers do, chat the latest in pop culture and welcome some very popular and well-known friends to chat with them. Check out new episodes every Wednesday. Follow New Heights on the Wondery App, YouTube or wherever you get your podcasts. You can listen to new episodes early and ad-free, and get exclusive content on Wondery+. Join Wondery+ in the Wondery App, Apple Podcasts or Spotify. And join our new membership for a unique fan experience by going to the New Heights YouTube channel now!

Dateline NBC

Dateline NBC

Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com

On Purpose with Jay Shetty

On Purpose with Jay Shetty

I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.