Crunchbase Startups
2 case studies with real revenue and traction data from crunchbase startups.
Badis Kalfalahi launched LeadGuru.io in September 2016 as a side hustle while attending Achèse Paris business school, building a service that outsources cold-email campaigns for B2B companies. The company reached $19,000 MRR with 24 customers paying an average of $800/month through a subscription model, generating approximately $45,000 in revenue over eight months. After his CTO departed, Badis pivoted to partnering with Reply.io instead of building proprietary tech, focusing on the service and sales aspects of the business.
Paddle is a unified commerce platform for SaaS companies that handles payments, subscriptions, taxes, licensing, and insights. Founded by Christian Owens in August 2012 after he recognized the pain of manually building payment infrastructure, Paddle initially launched a software marketplace that failed ($800 in sales in two months) before pivoting to focus solely on the checkout and billing infrastructure that customers actually wanted. Through persistent, personalized cold email outreach targeting specific business problems, Paddle grew to over $10M ARR.