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RankWatch

by Webhav KakharLaunched 2013via Nathan Latka Podcast
MRR$185k/mo
Growthseo
Pricingsubscription
The Spark

Webhav Kakhar had been deep in the SEO world since 2004. He started by building an agency called Digital Next in 2009, which focused on digital marketing services. By 2013, he'd grown it enough to sell to a Swedish listed company for approximately 5 million pounds. But selling the agency left him with a question: what's next? The answer was clear—he'd spent years solving SEO problems for clients, and he understood the pain points better than almost anyone. So in 2013, he partnered with his brother as a 50-50 co-founder to build RankWatch, a SaaS platform that would let them scale their expertise without the overhead of delivering services.

Building the First Version

Webhav and his brother bootstrapped RankWatch using $300,000 of their own capital from the agency exit. They built the product in India with a lean team, staying focused on what they knew: helping businesses track their SEO performance, monitor competitors, and make data-driven decisions about organic growth. "It takes a lot of effort and investment," Webhav said, "but building software involves more using your mind and building solutions to problems." Rather than chase every feature, they prioritized depth—integrating deeply into their customers' SEO workflows so switching would be painful, creating natural stickiness.

Finding the First Customers

Their customer acquisition strategy leaned heavily into what they knew best: SEO itself. Webhav noted that 70-80% of their customers came through organic search. They ranked for thousands of keywords—"rank tracking software" alone returned at least 10,000 keyword opportunities. One example: they created an infographic interviewing top SEO experts on "the future of SEO," which ranked in Google's top results and drove consistent conversions. Customers would find them on Google, land on the website, and sign up for a free 14-15 day trial. The customer happiness team would follow up if needed, but many self-served. They also ran Facebook ads ($5-8k per month), though the CAC was higher at $1,200 per customer—a payback period of about 6 months. By focusing on SMBs and agencies at $125/month ARPU, they avoided the sales-heavy burden of enterprise-only models.

What Worked (and What Didn't)

The no-touch, self-serve motion worked brilliantly for SMBs. With a 14-day free trial and organic traffic doing the heavy lifting, their customer acquisition costs were low compared to paid channels. Churn stayed in the low single digits (around 3% monthly logo churn) because bigger customers integrated deeply—companies paying five figures per month rarely left after 3-4 years. Lifetime value averaged 18 months for smaller customers ($2,200 total) and 27 months for larger ones. What didn't work as well: over-investing in product development at the expense of customer care. Webhav admitted there was a period when they prioritized building over customer happiness, which hurt churn. They quickly course-corrected and went "back to our old ways of making sure everyone is happy." On paid ads, the $1,200 CAC felt high to him, especially when organic was so cheap, so he deprioritized that channel to focus on product.

Where They Are Now

As of the interview, RankWatch had 1,500 customers paying an average of $125/month, generating $185,000 MRR—up from $140,000 a year prior (35-40% YoY growth). Webhav expected to hit 45-50% growth that year, potentially more if a couple of enterprise deals landed. The team had grown to 30+ people split between India (dev and support), with one salesperson in the US handling enterprise deals. Webhav was 32, married with no kids, and working 9 AM to 7-9 PM most days. When asked if he'd sell for a million pounds, he said no—he didn't think about exits because he was too focused on growth. His only regret: he wished his younger self knew how to capitalize on opportunities and scale faster.

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