Startups Making $50k+/mo

1io.cloud is an integration service provider that combines SaaS software with managed services for IT service providers to orchestrate outsourced infrastructure and application support. Founded 10 years ago and bootstrapped for 5-6 years, the company raised a $1M seed in 2018-2019 and closed a $7M Series A in February at a $30M post-money valuation. With 80-100 enterprise customers paying ~$4,000/month on average, the company has achieved ~$300k MRR ($3.6M ARR) with near-zero churn and over 100% net dollar retention.

WhatConverts is a bootstrapped SaaS platform for lead tracking, management, and attribution that grew from $100k in year one to $3.6M ARR by maintaining product focus and competing against well-funded competitors through superior customer support and content marketing. Founded in March 2015 by Michael Cooney and Jeremy (developer), the company grew 60% year-over-year using a land-and-expand strategy targeting marketing agencies, achieving a 70% free trial-to-customer conversion rate.

Stila is a content management system launched in 2012 that automates design and unifies content for e-commerce brands and retailers. Founded by Franz Riedl in Berlin, the company grew from a B2C community platform to a B2B SaaS product serving 100+ customers including Footlocker, Auto Group, and Thomas Sabo. With $300k MRR and having raised $4.5M, Stila has achieved strong growth (76% YoY) and positive unit economics with a <12 month payback period.

SiteWit is a self-serve marketing platform that automates Google AdWords and Google Shopping campaigns for small businesses, built by co-founders Ricardo Lasa and Don over three years starting in 2010 and launched in 2013. The company grew from $150k MRR in August 2017 to $300k MRR through partnerships with major website builders like Wix and Weebly, serving over 10,000 paying customers with an average spend of $30-60/month net. With 20 employees in Tampa and $7M raised, they're closing a $5M Series B round at a $36M valuation, achieving 100% YoY growth with 3% monthly churn among paying customers.

Progressly is an enterprise SaaS platform positioning itself as the operational system of record for Fortune 1000 companies with extended value chains (energy, utilities, transportation, CPG). Founded by Nick Candito in 2014 after his experience at Relate IQ (acquired by Salesforce), the company has raised $10M and serves hundreds of customers with a mobile-first approach targeting field workers. With less than 300K MRR but a high-ARPU enterprise sales model, Candito aims to hit $5M ARR by end of 2017.

Jenny AI is an AI-powered writing assistant for college students, founded by David Park. Started at $2K MRR in 2021, it grew to $300K MRR ($3.6M ARR) through strategic community building in Facebook groups and viral marketing on TikTok. The company was offered $3M but rejected it, now valued at $10-15M.

CROSSNET is a four-way volleyball net company founded by Chris Meade and two childhood friends that grew from a late-night brainstorming session to a $300k/month business in less than two years. The team built the product by prototyping with Walmart nets, iterating with manufacturers for a year, and strategically distributing units to influencers who created engaging content. Their growth came from repurposing influencer videos into Facebook and Instagram ads while continuously optimizing their Shopify store with conversion tools like Privy, Klaviyo, Hotjar, and Carthook.

Sales Huddle is a game-based employee training and development platform founded in 2014 that uses gamification to increase engagement and skill development in the workforce. The company has grown from $1.4M ARR to $3.5M ARR in the past year, now serving 111 customers with an average contract value of $50,000, primarily driven by cold outreach from their SDR team. The founder is considering raising $10M+ at a $30M valuation to continue growth in the HR tech space.

SalesNexus is a bootstrapped CRM and marketing automation platform for sales teams of 10-100+ people, founded in 2003 by Craig Klein. The company has grown to 5,000 paying customers with a $3.5M ARR run rate, 2% monthly churn, and a 5-year average customer lifetime by focusing on implementation services and customization as a key onboarding hook. With a lean team of 20 and primarily paid video ads driving growth, SalesNexus demonstrates the power of building a sustainable, cash-flow-positive business in a competitive space.

E-Days is an HR SaaS solution for absence management and leave tracking that was incubated within a web agency starting in 2007 and spun out as its own legal entity in 2016. The company has grown to 1,400 customers with $290,000 in monthly recurring revenue (30% YoY growth) and maintains a strong 45% EBITDA margin with 8% annual logo churn and 105% net revenue retention. They employ a direct sales model fueled by digital marketing, converting 25% of ~120 monthly inquiries into customers with an 8.5-month payback period.

Be Pretty is a SaaS marketplace for beauty services that helps salons manage their business across Latin America. Founded in 2015 by Alvaro Alarnaaga, the company grew from 20 VIP clients in Chile to 3,500 paying salons, generating $280,000 in monthly recurring revenue (up 3x year-over-year from $95,000). The company has raised $4 million and is seeking an additional $5 million to expand into new markets while maintaining an 18% annual churn rate.

Sales Scout is a B2B sales intelligence and data-as-a-service company founded in 2014 that provides verified contact data and lead information to enterprise customers. When Chris Kack joined as CEO in March 2017 at a $35k/month run rate, he scaled the company to $260k/month by December 2017 (24% month-over-month growth) through product diversification, outsourced human verification teams, and aggressive expansion among existing customers. The company maintains exceptional unit economics with <2% annual revenue churn, negative net revenue churn, ~100 customers, and $280k monthly recurring revenue with virtually zero marketing spend.

Mural is a digital whiteboard SaaS platform that enables modern teams to collaborate visually on design thinking and complex problem-solving. Founded by Mariano Suarez in 2014 as a startup in residence at IDEO, the company has grown to serve 1,200+ companies with 45,000 monthly active users, generating $280k in MRR (~$3.36M ARR). The business is heavily enterprise-focused, with IBM accounting for 26,000 of their users, and operates with a long-tail revenue distribution and best-in-class gross margins north of 85%.

Pieter Levels is a solopreneur running a portfolio of 7 bootstrapped projects generating ~$2.7M ARR with 13M monthly active users. Starting in 2014 while traveling, he built Nomad List, Remote.ok, and other niche products targeting remote workers and digital nomads. His approach combines radical transparency (publicly sharing revenue), lean PHP/jQuery stack for fast iteration, and a personal brand flywheel where each product feeds audience and content back into the ecosystem.

Vertigris is a Silicon Valley-based IoT hardware and SaaS company founded by Mark Chung and two co-founders that helps commercial buildings monitor and optimize electricity usage. They install magnetic sensor clamps on electrical panels paired with an iPhone-like gateway device, then provide recurring software services for energy management and predictive analytics. With 300 customers generating approximately $260k MRR ($3.12M ARR) and a goal to reach $5M revenue in 2017 (4x growth from $1.2M in 2016), they've raised $16M in venture capital and leverage Verizon's 900-person sales team as their primary growth channel.

Inspection Expert, founded in 2004 by mechanical engineer Jeff Kope, helps precision manufacturers automate quality inspection processes by converting CAD models into digital checklists. The company achieved $3.1M ARR serving 2,000 customers with an 8% annual revenue churn, growing from $180k/month a year prior. After 14 years of bootstrapped growth, Kope sold the company to IdeaGen for approximately $9.3M (3x ARR).

Surfer SEO is a bootstrapped SaaS tool that helps content creators optimize pages for both search engines and users by analyzing top-ranking competitors. Spun out from a Polish SEO agency in 2017, it grew from $82K MRR a year ago to $250.4K MRR today through affiliate marketing (30% of revenue), a free Chrome extension (250K daily users), and community engagement. The team of 30 serves 4,000+ customers across subscription tiers ($29-$199/month) with 60% profit margins.

Pieter Levels is a solopreneur who built Nomad List and RemoteOK, generating nearly $3M in annual revenue with zero employees while maintaining a nomadic lifestyle. The episode features him discussing his approach to building sustainable solo businesses, the philosophies behind indie hacking, and how to think bigger as a solopreneur.

Pieter Levels is a prolific indie hacker and entrepreneur running multiple AI startups that collectively generate $250,000 in monthly recurring revenue. Despite claiming "Indie Hacking is dead," Pieter exemplifies how the practice has evolved in the age of AI tools and platforms, discussing topics from dependency risks to preparing businesses for potential exits while maintaining a strong presence on social media.

Zomentum is a two-sided marketplace SaaS platform launched in late 2018 that helps SaaS companies and their partners collaborate to close deals and scale partner programs. The company grew from $35,000 MRR a year ago to $250,000 MRR today (8x growth), with 2,800 paying partners and 1,200 SaaS company customers. Shruti raised a $13M Series A at a ~$100M valuation with just $35K MRR, betting on the network effect and the thesis that partners represent an efficient growth channel for SaaS companies.