← Back to browse

Universal Hydrogen

by Paul Eremenkovia How I Built This
Growthenterprise direct sales

Universal Hydrogen, founded by Paul Eremenko, is developing hydrogen fuel technology to decarbonize commercial aviation. The company works with stakeholders across the airline industry to transition planes to green hydrogen fuel. With over $85 million raised, Universal Hydrogen is leading the charge in making carbon-free air travel a reality.

Why They Built It

To transition commercial aviation away from carbon emissions by enabling airlines to use hydrogen as a clean-burning fuel source, addressing the billion tons of annual carbon emissions from air travel.

Similar Companies

LMS365

$2.5M/mo

LMS365 is a SaaS platform built for the Microsoft ecosystem that raised $20M in 2023 at a $100M valuation, based on $20M ARR. As of April 2024, the company has grown to $30M ARR with a 200-person team. The company is targeting $40M ARR in 2024, demonstrating strong momentum in the enterprise learning management space.

Gym Launch / Acquisition

$1.2M/mo

Leila Hormozi went from broke at 22 to generating $1,200,000 per month by age 23 by building Gym Launch, a service that helped gym owners acquire clients. She scaled the business to $15M in 12 months and later evolved it into Acquisition.com, focusing on high-ticket workshops and business consulting.

Younium

$600k/mo

Younium is a billing and revenue analytics SaaS platform that helps subscription-based businesses track and optimize their recurring revenue. The company has achieved significant enterprise traction with 200 customers paying an average contract value of $30k, resulting in an impressive $7.2M ARR.

Badger Mapping

$500k/mo

Badger Mapping is a SaaS platform that helps field sales teams optimize their routes to reduce gas costs and increase revenue. The founder has bootstrapped the company to $6M ARR with a 13-person sales team executing 2,000 cold calls per month, acquiring 4,100 customers while maintaining 100% equity through debt financing.

Seismic

Seismic is a sales enablement platform founded in 2010 by Doug Winter and co-founders that helps enterprise organizations equip their sales teams with the right content, training, and tools to close deals. Starting from a bootstrap in a San Diego basement and targeting enterprise customers from day one, Seismic grew into a $300M ARR company with 1,500 employees and 2,500 customers by raising $450M in funding over 12 years.