Refersionby Shibo Zhu
Refersion is a bootstrapped SaaS platform that helps e-commerce merchants track affiliate orders and automate commission payouts. Launched in 2014, the company grew from a freemium model to a subscription-based business serving 7,000+ merchants (5,000 paid) with $5M in annual revenue and $1.5M in EBITDA. Their primary growth channel is the Shopify App Store, where they maintain a 4.7-star rating with 758 reviews, and they leverage product integrations with other e-commerce platforms.
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