← Back to browse

High Platform

by MarcelloLaunched 2017-01via Nathan Latka Podcast
MRR$1.1M/mo
Growthenterprise direct sales
Pricingsubscription
The Spark

Marcello's entrepreneurial journey began in 2000 with Direct Talk, a Brazilian startup focused on social media customer care. Fast forward to 2017: Direct Talk had developed solid chatbot products but needed a fresh approach. A Brazilian social media customer care startup approached Marcello about merging, envisioning a combined platform that could serve both sales and customer support. The vision was compelling—complementary products under one roof. The four co-founders (including Marcello as CEO from day one) dove in, though they only owned 20% collectively. The remaining 80% was held by investors from both merged companies, creating a fragmented cap table that would require years of patient equity recovery.

Finding the First Customers

By June 2018/2019, High Platform had already built significant traction: 1,100 customers paying an average of $1,000 USD per month, generating $800,000 in MRR ($9.6M ARR annualized). The company stayed bootstrapped through organic growth, relying on direct sales efforts to acquire enterprise customers. Marcello built a sales organization that would eventually scale to 20-25 quota-carrying reps, with senior reps tasked with landing $6,000/month in new ARR and junior reps targeting $3,000/month. By 2023, the company had grown to 1,700 customers and $1.1M MRR, representing steady but measured growth.

What Worked (and What Didn't)

The founders chose a deliberate, platform-first strategy over hypergrowth. Rather than doubling down on one feature, they built a 10-feature platform designed to help companies sell and manage customer care. This meant integrating multiple products post-merger and hunting for the right market fit—a process that took years. The trade-off: growth remained moderate (28% YoY at one point, then 20-22%), which some VCs found frustrating. However, Marcello's team presented a five-year vision to their board, promising accelerated growth in later years as the platform unlocked new revenue streams. In August 2023, they closed their first external funding round: $7M at a $40M valuation (roughly 18% dilution), validating the vision.

Where They Are Now

As of the interview, High Platform had 250 full-time employees (65 engineers, 20-25 sales reps) and was projecting $15M ARR for 2024—a 15% growth rate that Marcello believed would accelerate. The four co-founders had strategically bought back equity using company bonuses and now owned 40% combined, a significant climb from their initial 20%. Marcello, now 46 and married with one child, reflected on the long road: building a B2B SaaS platform in Brazil, bootstrapping for six years, managing a complex cap table, and staying disciplined while waiting for the right investor. His vision for the next 3-5 years centered on using technology (WhatsApp, Messenger integrations) to reimagine how B2B software delivers customer success at scale.

Similar Companies

Active Campaign

$4.2M/mo

Active Campaign started in 2003 as an on-premise email marketing solution built by Jason Vanderboom to fund his fine arts degree. After 10 years and 8 employees generating a couple million in revenue, he transitioned to a SaaS model starting at $9/month. The company now has over 60,000 customers generating over $50 million annually and employs 330 people, growing primarily through organic adoption, partnerships, and focus on the SMB market despite pressure to move upmarket.

Ahrefs

$3.3M/mo

Ahrefs is a bootstrapped SaaS company providing SEO and backlink analysis tools, currently generating over $40M ARR with 45 employees. After joining in 2015, Tim Solo transformed the blog from 15,000 to 250,000+ monthly Google visitors by shifting from publishing what they wanted to write about to targeting keywords people actually search for, creating high-quality content with direct product integration, and continuously updating articles to accumulate backlinks. The company breaks conventional marketing wisdom by not using customer personas, growth hacks, or detailed analytics—instead focusing entirely on product quality and audience education through blog content.

NutriSense

$3.3M/mo

NutriSense is a direct-to-consumer metabolic health platform that pairs continuous glucose monitoring devices with proprietary software analytics and dietitian coaching. Launched in September 2019 with pre-sales in keto and Oura Ring Facebook groups, the company grew from under $1M MRR a year ago to $3.3M MRR today (3x growth), with 15,000-16,000 active paying customers and 170 employees. The business has raised $32M in funding across multiple rounds since a $250K seed in early 2020.

Solides

$2.6M/mo

Solides is the leading HR tech platform for small and medium companies in Brazil, providing talent management software for hiring, development, and retention. Founded in 2010 but pivoted to a subscription model in 2015, the company achieved $31.2M ARR as of March 2023 (100% growth YoY) with 20,000 paying customers managing close to 2 million employees. Alessandro Garcia raised a $100M Series B at an $800M valuation in 2022 and is targeting a $60M run rate by end of 2023, with plans to IPO once reaching $200M in revenue.

Calendly

$2.5M/mo

Tope Awotona founded Calendly after three failed startups taught him the importance of solving real problems rather than chasing money. He spent six months validating the scheduling tool idea by studying competitors' products and user forums, then went all-in by emptying his bank account and hiring engineers in Ukraine. Calendly achieved product-market fit through a freemium model that optimized for invitee experience, growing to 4 million users and $30M ARR largely through organic viral growth and word-of-mouth.

Related Guides