← Back to browse

Aircall

by Olivier R. PayeesLaunched 2015-06-01via Nathan Latka Podcast
MRR$100k/mo
Growthplatform parasitic
Pricingsubscription
Built in2 weeks
The Spark

Olivier R. Payees spent years in strategy consulting before taking on a role as General Manager of an SMB's Iberian operations, where he managed a 200-person unit through heavy restructuring after the 2008 financial crisis. The experience of cutting workforce in half and managing a complex business operations taught him about execution and resilience, but left him craving something different. "I just thought, hey, I mean, that's, you know, it's too big of a company as a whole. And I want to just build my own and just be on a gross curve rather than on a restructuring curve," he recalls.

Olivier spotted a clear market gap: while companies had amazing tools for file sharing, chat, and collaboration, phone support solutions were stuck in the past—complicated, difficult to deploy, and frustrating to use. He partnered with a few friends from his consulting days to build Aircall, an incredibly simple cloud phone solution designed specifically for modern companies.

Building the First Version

The team started with three co-founders plus two successful serial entrepreneurs who provided initial funding and guidance—one had sold a previous startup to Adobe. Rather than hiring a traditional CTO, they brought in developer talent directly. As the business grew, they realized their sales and marketing person was pulling as much weight as the founders themselves, so they distributed equity from their own stakes to properly incentivize these early operators. Olivier retained 30% ownership after multiple funding rounds and equity grants.

The company officially launched on June 1, 2015. Development of their first key feature—integrations with platforms like Salesforce, Zendesk, Desk, and Pipedrive—took about two weeks and proved to be the turning point.

Finding the First Customers

In June, July, and August 2015, with no brand recognition or inbound traffic, Olivier and team took a direct approach: they identified vertical markets they believed would benefit most (marketplaces, SaaS companies) and reached out manually. This initial traction was solid but limited. Then they released integrations with major platforms—Salesforce, Zendesk, Desk, Pipedrive, and Slack. This was the inflection point. "The big move was when we released our integrations," Olivier explains.

The integration strategy worked brilliantly. Users would install Zendesk for ticketing and email, then realize they needed a phone solution. They'd search the Zendesk marketplace, find Aircall near the top, and sign up. Within a few months, integrations accounted for 80% of their customer acquisition—essentially free traffic with only the two-week development cost.

What Worked (and What Didn't)

Their customer acquisition model was remarkably lean. They charged $12-$48 per user per month, converted 30% of free trial users to paid plans, with average customer paying $100/month. Rather than spending heavily on marketing, they invested in conversion: when someone signed up, a human would call them on day one and day one of their trial, bookended by automated onboarding emails.

By December 2015—just seven months after launch—they hit $100,000 MRR, having grown 30% month-over-month. More impressively, they achieved negative churn starting in October 2015, meaning existing customers expanded faster than new ones churned. With only 3-5% customer churn and 5-15% monthly growth from expansion alone, they built a compounding growth machine. In January 2016, they closed a $2.8M seed round from Dalberton and Fender's Club on top of their initial $500K investment.

Where They Are Now

Olivier set an ambitious goal: multiply revenue by 5x to reach $500,000 MRR by December 2016. To do that, he was hiring aggressively—doubling from two people to six in the customer conversion team in January alone, and adding customer success and content marketing functions. The company was used by Uber, Deliveroo, and numerous other on-demand and tech companies. With a clear product-market fit, negative churn, and a scalable integration-driven acquisition model, Aircall was positioned to become a leader in the now-massive cloud communications space.

Similar Companies

247.ai

$25.0M/mo

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.

iCIMS

$13.3M/mo

iCIMS is a bootstrapped SaaS provider founded in 1999 that dominates the talent acquisition software market as the #2 player, serving 3,500 enterprise customers with an average monthly spend of $4,000. The company exited 2017 with $160M ARR and is targeting 25%+ annual growth while maintaining profitability, recently acquiring Text Recruit to expand into candidate messaging and recruitment advertising.

Zoom

$12.0M/mo

Zoom is a freemium SaaS video conferencing platform founded by Eric Yuan in July 2011 after he left Cisco to build a next-generation collaboration solution. The company has grown to 850,000+ paying customers across individual, SMB, and enterprise segments, generating over $12M in monthly recurring revenue with approximately 100% year-over-year growth. Rather than focusing on customer stickiness or aggressive growth targets, Zoom emphasizes customer happiness and organic word-of-mouth acquisition, which has proven highly effective in driving viral adoption.

Madwire

$10.0M/mo

Madwire is a comprehensive SaaS platform for small businesses (1-100 employees) that combines CRM, payments, invoicing, billing, e-commerce, and multi-channel marketing tools in a single platform. Founded in 2009, the company has grown to $120M ARR serving 20,000 customers with an average revenue per user of $500/month, while maintaining strong unit economics ($3,000-$4,000 CAC with 3-month payback) and recently turning profitable with a focus on reaching 15-20% EBITDA margins. The company is exploring an IPO within 12-18 months without having raised substantial capital beyond an initial $7.5M.

SwiftPage

$7.0M/mo

SwiftPage is a CRM and marketing automation platform founded in 2001 that targets small businesses. Under CEO John Oshel's leadership since 2012, the company scaled from 60,000 customers with $26.2M revenue in 2015 to 84,000 customers today with an estimated ARR of $36M+, maintaining 1.5% monthly logo churn and a 6-7 month payback period with a sub-$500 CAC.

Related Guides