consumption-based Startups

Modiji started as a sales services agency in 2019 and pivoted to SaaS in February 2021 after launching a Salesforce Managed Package for real-time contact data validation and sales stack visibility. Growing from $950K in 2021 to $1.7M ARR ($140K MRR) in 2023 with just 6 full-time employees, the bootstrapped company uses a consumption-based API pricing model targeting RevOps leaders at enterprise customers with average contract values around $80,000. Ken Hoppe and his two co-founders maintain 100% ownership while leveraging non-dilutive debt financing to scale their lean, profitable operation.