SaaS Startups

ReviewPro is a B2B SaaS platform for guest intelligence in the hotel industry, founded in 2008 by RJ Freelander. The company works with 45,000 hotel locations across 150 countries with a $15M ARR run rate (1.2M MRR) and 30% YoY growth. In 2016, Shiji acquired 80% of the company for approximately $28M, with RJ remaining as CEO to continue scaling the business.

Fund Apps is a bootstrapped RegTech SaaS platform founded in 2010 that provides compliance monitoring services to investment managers and hedge funds across 95 countries, monitoring over $6 trillion in assets daily. With 45 clients and ~$10M ARR (up from ~$5M a year ago), the company has achieved 100% net revenue retention while maintaining a lean, inbound-driven sales model with 91% new customer revenue and minimal expansion.

OrderMark, founded by 26-year-old Alex Cantree in January 2017, solves the problem of managing multiple online ordering platforms for restaurants by consolidating them into a single dashboard and printer. Starting from $1,500/month in November 2017, the company grew to $100,000/month in revenue with 1,000 paying restaurants averaging $100-150/month, achieving less than 2% monthly churn. The company has raised $12.6 million in capital (including a $9.5 million Series A in September) and employs 60 people across LA and Denver.

Visible is a SaaS platform founded in 2014 that helps companies send investor updates and report KPIs to investors, team members, and stakeholders. Built originally as an internal tool at a venture fund, it now serves 600+ paying customers at $150/month, having just crossed $1M ARR with 200% YoY growth and exceptionally low 2.5% annual revenue churn. The company has raised $1.1M, maintains a lean 5-person distributed team, and has grown primarily through organic channels.

Faraday is an AI-powered SaaS platform founded in 2012 that helps e-commerce and consumer brands predict customer behavior to drive lead generation, conversion, and lifetime value. Operating with a high-touch, enterprise sales model, the company has grown to 60 enterprise clients with an average contract value of ~$100k, generating approximately $6 million in ARR with $7.1 million raised to date.

Servoy is a low-code platform-as-a-service founded in 2001 by Jan Elman that enables rapid development of business applications for corporate users and independent software vendors. After 17 years of bootstrapped growth with only $1M in external funding raised in 2008, the company has scaled to over 1,000 customers, $30M ARR, 100 employees, 30% YoY growth, 3% revenue churn, and net revenue retention above 100%. The company maintains healthy unit economics with a 12-14 month customer acquisition payback period and a $1 CAC to $1 ACV ratio.

FindCRA, launched in 2017, is a SaaS platform helping local banks comply with the Community Reinvestment Act by identifying qualified nonprofits for community investments. After pivoting from a high-touch agency model in 2016, the company now offers a data-driven, scalable platform with three pricing tiers ($1,250-$5,000 annually). With 11 banks currently using the platform and $14-15k ARR, they've raised $900,000 and operate a 3-person team based in Louisville, Kentucky.

Benevity is a B2B SaaS platform founded in 2008 that helps Fortune 1000 companies manage employee giving, volunteering, and grants programs. With 450 enterprise customers averaging $100k ACV and ~$45M ARR (50% from SaaS), the company has achieved 98% customer retention, 120%+ net revenue retention, and 47% YoY growth, primarily driven by word-of-mouth referrals and low CAC from strong service delivery.

Parrot QA is a codeless cloud-based functional testing platform launched in 2016 by Jake Kring as a side project while running Scripted. With 5 paying customers generating $500/month in MRR, Jake acquired them primarily through Facebook ads at a $1,000 customer acquisition cost. Though the product recently found product-market fit, Jake continues to run it slowly as a side business while focusing primarily on his e-commerce SaaS venture, Skylight Frame.

Odoo started in 2005 as a services company and pivoted to SaaS in 2010 with a €4M ($12M total raised) investment. The company now serves 11,000 paying customers (4M+ free users) generating $2.6M MRR ($31.2M ARR SaaS + $9M professional services), achieving 110% net revenue retention through an integrated suite of business applications (CRM, accounting, inventory, etc.) with a unique pricing model combining per-user and per-app fees.

Kumo is a full-stack e-commerce platform founded in 2015 serving 350+ mid-market and enterprise brands internationally. The company operates on a hybrid pricing model combining setup fees (€20-50K) and revenue sharing (1-3% of GMV), processing €35-40M in annual transaction volume and generating €5M ARR (up from €1.5M a year prior). With a team of 80 across Dublin, Italy, and remote locations, Kumo is pursuing channel partnerships while maintaining a strong direct sales motion with 6-12 month customer payback periods.

OrangeScape launched Kisflow in 2012 as a no-code workflow automation platform for enterprise work management. The company grew to 10,000 total customers (1,500 paying) with a $9M ARR run rate through organic SEO dominance (3,000+ ranked keywords) and strategic paid channels. Operating at 125% net revenue retention and 1.8% monthly churn with 4-6 month payback periods, Kisflow has remained profitable for 3+ years after bootstrapping following a $1M seed in 2012.

Skyhive is a machine learning-powered competency discovery tool founded by Sean Hinton that helps enterprises understand workforce capabilities, identify skill gaps, and create upskilling pathways. Launched in April 2017, the company scaled from zero to 17 enterprise customers generating ~$85k/month in revenue through inbound leads and the Singularity University network. The company raised $1.5M CAD in seed funding and expects to reach profitability in Q3 2019.

Interweave is a bootstrapped CRM integration platform founded in 2006 that connects financial systems, billing platforms, and databases in a configurable hub-and-spoke model. With 4,000 paying customers averaging $125/month ($500K MRR), the company has achieved 30% year-over-year growth and 115% net revenue retention through 40% gross expansion revenue offsetting 25% churn. Bruce McGown's 18-person team (split between Toronto and Russia) is currently focused on a major rebrand positioning Interweave as an intelligent CRM integration platform targeting emerging vendors like ORO CRM and BPM Online.

Invisible Collector, founded in January 2016 by Pedro Mendes, is an AI-powered SaaS platform that helps utility companies and professional credit collection agencies collect debts faster through preemptive and reactive customer outreach. After a year of development with test customers, they launched commercially in November 2016 and grew to 15 customers paying an average of $3,000/month ($45k MRR) through LinkedIn-based cold outreach to CFOs and IT managers. The bootstrapped team of 6 (based in Portugal and Spain) is already cash-flow positive and is raising $500k at a $1.5M pre-money valuation to shift from direct sales to online marketing channels.

Jutential is a software development analytics platform that analyzes git repositories to help teams understand developer productivity and performance. Founded by Zoltan Parastaghi, the bootstrapped SaaS startup has about two dozen paying customers with pricing at $20 per developer per month. They are raising under $1M to accelerate growth and build an on-premises version to address enterprise security concerns about cloud-hosted source code.

WIMI is a French SaaS platform launched in 2010 that provides project management and teamwork collaboration tools including instant communication, document sharing, task management, calendaring, and video conferencing. The company has grown to ~1,000 paying customers generating $150,000 in MRR with 50% year-over-year growth, achieving 100% net revenue retention through a combination of 20% annual churn and 20% expansion revenue. With a team of 25 and $3.3M raised through seven small funding rounds, WIMI has established itself as a credible alternative to US-based competitors in the European market, particularly targeting architects, consultants, and industry-specific teams.

Tal Vista is a SaaS platform focused on diversity and inclusion in recruiting, launched in April 2019 by serial entrepreneur Scott Sessions. Operating bootstrapped and at break-even, the company had 5-10 customers and was approaching $1M ARR just months after launch by focusing on high-touch, high-ACV enterprise sales (ranging from $50k-$500k annually per customer).

Competitors.app is a SaaS platform that monitors competitors' marketing channels, launched in 2018 by serial entrepreneur Razvan Gurmacha. With 20 paying customers at $40/month (totaling $800 MRR), the company was bootstrapped with $50k of Razvan's proceeds from selling his previous $1M SaaS exit. Growth has primarily come through LinkedIn outreach using Duxsoup and personalized messaging, with plans to scale through SEO and Facebook ads.

Meeting Pulse is a SaaS platform launched in 2014 that provides audience response systems with real-time sentiment analysis, Q&A, and polling for events and enterprise meetings. The company has grown to 100-200 paid customers with $200k ARR (doubling year-over-year from $8k MRR) and is targeting a $1M seed round at a $7M valuation cap, with $50k in early angel funding already secured.