iSOLVE Startups

MP is a 17-year-old bootstrapped HR services company that started as a pure payroll provider in 2003 but pivoted in 2012 to become an iSOLVE HCM implementation and services partner. They now serve 1,300+ clients across ~40,000 employee seats with a pricing model of $8-$40 per employee per month, generating $650k MRR ($10M ARR projected for 2021) while maintaining 8% net profit margins. Founded and wholly owned by Jason, the company employs 70 people (12 AEs, 5 SDRs, 2 customer success team members, zero engineers) and breaks even on customer acquisition at the 20-month mark with strong 6+ year customer lifetime value.