subscription Startups

Resurface is an API security monitoring platform targeting regulated industries (telecom, fintech, healthcare) with on-premises installations. The company charges $10,000 per node per year and has pivoted from a product-led to a concierge/enterprise services model. With 12 nodes in production across 4-5 paying customers, they're currently at $120,000 ARR and have raised $2M in seed funding.

Attraction is an industrial IoT and SaaS platform that helps frontline workers and maintenance managers predict and prevent machinery breakdowns through sensor monitoring and asset management software. The company grew from $10,000 MRR a year ago to $100,000 MRR today (10x growth), with 100 customers managing approximately 4,000 sensors across industries like aerospace. They raised a $3.7M seed round at a $15-20M valuation and are experiencing strong unit economics with 118% net dollar retention.

Ready When is a Canadian estate planning and document management platform that helps individuals and families organize their end-of-life information and assets. Launched in November 2020 as a beta and with an MVP in spring 2021, the company has grown to over 1,000 customers with 700+ paying customers generating approximately $4,000/month in revenue through a B2B2C partnership model with notaries and legal professionals.

Retraced is a sustainability management platform for the fashion industry that helps brands, manufacturers, and suppliers track and communicate their supply chain sustainability. Founded in mid-2018 by Peter Mercurt and two co-founders, the company grew from serving their own footwear brand to 50 paying customers at ~$1,000/month each ($50K MRR). The team of 24 (14 engineers) raised $1.4M in capital with strong retention and conversion rates.

B2Chat is a SaaS platform that helps businesses in Latin America manage customer communication across WhatsApp, Messenger, Instagram DMs, and Facebook Messenger. Founded in 2017, the company grew from $60k MRR a year ago to $120k MRR today (100% YoY growth), now serving 500 customers. They raised $750k in a pre-seed round at a $7.3M valuation and are converting 30-40 new customers monthly from ~700 inbound leads.

Moth and Flame is an award-winning immersive VR learning platform founded in 2015 that helps enterprises drive behavior change through virtual reality training experiences. After launching with custom innovation projects, they pivoted to a SaaS model in 2019 when Accenture approached them, and have grown to $5M in total revenue with $2M recurring (40% of revenue). The team of 39 is targeting a Series A of $10-12M to build out synthetic media and NLP capabilities, positioning themselves as the Squarespace for VR.

Tommy.ai is an enterprise SaaS platform that optimizes digital ad spend for businesses with long sales cycles like real estate developers, banks, and insurance companies. Founded by Konstantin Bayondin in April 2020, the company grew from $22,000 MRR in December 2020 to $1M ARR by December 2021, currently serving 24 customers at $5,000/month each. The company raised $1M in pre-seed funding at a $6M post-money valuation and is now raising a $5M seed round.

Penny.co is a procurement software and B2B marketplace platform founded by Mohamed Ibrahim and four co-founders that helps companies streamline procurement processes and save money on their SaaS and product purchases. The company uses a revenue-sharing model (0.5-15% take rate, averaging 7-10%) and charges an average of $1,000 per year per user, targeting medium to large companies with 20-100 user teams in procurement departments. Starting from ~$3,000-4,000 MRR a year ago (late 2021), Penny.co has grown to approximately $100,000 MRR with 60-90+ customers and recently raised $5 million at a $20-25 million valuation, targeting 4-5x growth during this funding round.

Cognizm is a B2B SaaS prospecting platform founded by James Islay that provides global contact data (emails, mobile numbers, direct dials) and engagement tools for businesses. The company grew from $2M ARR in 2018 to $10M+ ARR by late 2020, with plans to reach $20M in 2021. They've raised $23M in total funding and acquire complementary products like MailTastic to increase customer stickiness.

Salesloft is a sales engagement platform founded in 2014 by Kyle Porter that helps companies codify and execute their go-to-market plays. Starting from zero ARR in 2014, the company grew to $50M ARR with 120% net revenue retention, serving between 2,000-10,000 customers ranging from SMB to Fortune 500 enterprises. The company has raised $140M in total funding and is targeting $100M ARR next year with 100-120% growth.

Outreach is a sales engagement platform that sits between CRMs and sales reps, orchestrating daily sales activities to improve team performance. Founded by Manny Medina in 2014, the company has grown to 3,100 customers with an $40,000-60,000 ACV, passing the $10 million quarterly new bookings mark and maintaining 140%+ net revenue retention through obsessive focus on user adoption and expansion workflows.

Gong.io is a revenue intelligence platform that automatically captures and analyzes customer interactions from calls, emails, and meetings to provide actionable insights for sales teams. Founded in 2015 by Amit Bandop, the company grew from 200 customers in early 2018 to approximately 1,500 customers serving over 60,000 sales reps, with expansion revenue driving exceptional net revenue retention of over 150%. After raising a Series D of $200 million at a $2.2 billion valuation, the company is approaching a $45+ million run rate and expects to approach $100 million ARR in the near term.

247.ai, founded by PV Cannon in 2000, is an AI-powered customer service automation platform serving over 150 enterprise customers with $300M+ in ARR. The company raised only $20M from Sequoia (2003) and bootstrap, achieving 10% net profit margins while maintaining a 12-month CAC payback period and 100% net revenue retention. Despite a security breach setback around 2018, 247.ai has recovered and recently achieved 20% new revenue booking growth in their best quarter.

Codeega is an AI-powered coding assistant founded by Julian Delane, a former tech lead at Twitter and AWS, that helps developers write better code faster through automated code review and real-time coding suggestions. Launched in 2021, the company grew to 15,000 users organically through GitHub and developer marketplaces, with 50 paying customers generating $15,000 MRR. After raising $2.2M pre-seed at a $10M valuation through Techstars Boulder, Codeega is focusing on product-market-fit for its new coding assistant feature rather than immediate monetization.

Worky is a SaaS platform helping appointment-based freelancers (coaches, therapists, teachers) manage their entire business online with booking, scheduling, payments, invoicing, and client management. Launched in August 2021, they've grown to 3,500 trial users with 50 paying customers generating ~$950/month revenue through content marketing and paid Google Ads. They recently raised $600k in pre-seed funding at a $4-5M valuation.

Abstract is a real-time conversational intelligence platform that uses Google's NLP and machine learning to coach sales reps during calls—telling them what to say and how to handle objections in the moment, rather than analyzing failures after the deal is lost. Founded by Greg Raffner in early 2020, Abstract launched in April 2021 and reached $178k MRR ($2.1M ARR) within 5 months through a laser-focused SEO strategy targeting 'conversational intelligence software' and related keywords, even outranking $10B competitor Gong. Operating with just 2 US employees plus contractors in India and Indonesia, Greg has raised only $630k total while achieving exceptional capital efficiency and preserving equity.

Keboola is an end-to-end data integration and automation platform founded in 2014 by a team that transitioned from running a cloud migration agency. They bootstrapped without taking venture capital initially, scaled through referrals and community building (like their Data Girls program with 20,000+ participants), and later introduced product-led growth with a freemium model that brought 4,000 signups with 100 converting to paid customers. The company focuses on serving enterprise customers while building a partner ecosystem with 1,400 applications in their marketplace.

Norbert acquired AutoForward SMS, an established Android app doing $600/month, for $7,500 through Flippa.com in early 2021. By restructuring pricing and adding a paywall to a previously free premium feature (SMS forwarding API integration), he grew the business to $10,000 MRR within 12 months, serving 992 paying customers. The growth was driven primarily by organic SEO traffic for 'text message forwarding' keywords, leveraging the app's 5-6 year domain history and strong Android app store presence.

3Kit is a 3D and augmented reality visualization software platform that helps e-commerce brands and manufacturers show complex product configurations digitally. Founded by Ben Houston in 2012 with visual effects expertise, the company replatformed 3.5 years ago and now serves 220 enterprise customers like TaylorMade, Crate and Barrel, and others, with pricing from $18k to $500k annually. The company is on track to break $10M ARR in 2021 (doubling or tripling from ~$5M the prior year) and has raised $65M to date ($10M seed in 2019, $35M Series B in November 2020).

SteadyPay is a UK-based FinTech SaaS platform that provides income stability for gig economy workers by automatically advancing funds during low-earning months and collecting repayment during high-earning months, charged as a fixed membership fee rather than interest. Started in 2018 with regulatory sandbox approval from the FCA, the company grew from 4,000 customers earning £32,000/month a year ago to 10,000 customers generating £83,000/month ($996k ARR), achieving breakeven profitability while raising £5 million in Series A funding at a ~£25-30M valuation. The business employs a capital-efficient model using a £1 million warehouse facility (recycled 2x+) to fund customer advances while generating 20.8% effective annual returns through structured membership fees.