monthly recurring revenue

also referred to as: mrr

53 statements across 49 episodes · 30 bullish · 4 bearish · 47 people on the record · first statement Mar 7, 2016 by Jared Fuller · across every show →

Everything said about monthly recurring revenue, oldest first

Mar 7, 2016 bullish
Assertion Not checkable as stated
Fuller: PandaDoc Reaches $300K MRR and 400,000 Users
“And now we're at 300 K MRR and 400,000 users.”
Jared Fuller Mar 7, 2016 ▶ 5:21 How To Grow a $10 Million Annual Recurring Revenue SaaS Business Jared Fuller Episode 193
Apr 3, 2016 bullish
Prediction Not checkable as stated
Missing $150K to $200K MRR by year-end would mean failure
“It's like, can we get to that 150 K MRR, right? Like I think that one 50 to 200 K MRR, if we don't satisfy that, the years of failure, we very much look at I think when you look at great sports teams, right? It's like championship or bust, right? Like second p…”
Michael Perry Apr 3, 2016 ▶ 11:49 LTV, CAC, ARPU Numbers from SaaS CEO Michael Perry of Kitcrm.com EP 222
Jun 22, 2016 positive
Assertion Partly supported
Nevogt: Hubstaff adds $5k-$6k in MRR and 270 customers monthly
“We're adding about five or 6000 a month in MRR. So number of customers, like, 270.”
Dave Nevogt Jun 22, 2016 ▶ 8:04 He's 36 Year Old SaaS Dad of 2, Gets 8+ Hours of Sleep, Business Did $640k in 2015, EP 312: Dave Nevogt
Sep 1, 2016 neutral
Disclosure
DaPulse does not manage its operational business using MRR and ARR
“We're not running the business with MRR and ARR. It's just like nice Benchmark metrics.”
Roy Mann Sep 1, 2016 ▶ 16:23 EP 404: $360k June 2016 MRR, $4M ARR, 5000 customers paying $72/mo on average with DaPulse founder Roy Man
Sep 19, 2016 positive
Assertion Not checkable as stated
Kit surpassed $30,000 in monthly recurring revenue in January 2016
“January, we just cleared over 30 KMR.”
Michael Perry Sep 19, 2016 ▶ 11:23 KitCRM, $38K MRR, 2000 Customers
Dec 21, 2016 positive
Disclosure
Rubin: Skubana drives most ARPU and MRR growth with zero ad spend
“So we're not even spending a dollar. So the answer to your question is most of that ARPU, most of our ARPU growth and our MRR growth is coming from net new customers.”
Chad Rubin Dec 21, 2016 ▶ 14:07 EP 515: 0 to $300k MRR in 16 Months Helping 300 ECommerce Brands Streamline with Skubana CEO Chad Rubin
Dec 23, 2016 bullish
Assertion Not checkable as stated
HelloSign generates more than $600,000 in monthly recurring revenue
“We're definitely doing more than that.”
Joseph Walla Dec 23, 2016 ▶ 9:38 EP 517: $3.5M Raised, 6m Users Helping 47k Customers Sign Documents with HelloSign CEO Joseph Walla
Feb 8, 2017 negative
Insight
Accelerators force artificial MRR growth leading to post-demo churn
“At the accelerator, it's pretty common that you need to grow your MRR sort of by any means necessary. So we started doing that and we were like, we hit our weekly and monthly goals and we were growing our MRR like crazy. Problem was that after sort of demo day…”
Anders Fredriksson Feb 8, 2017 ▶ 12:36 EP 564: Proleads Passes 100 Customers, $75 ARPU Helping You Find Better Leads with CEO Anders Fredriksson
Feb 19, 2017
Assertion Not checkable as stated
Girard: Fruit Street generates $15,000 in monthly recurring revenue
“So we're at 15,000 a month in a monthly recurring revenue.”
Lawrence Girard Feb 19, 2017 ▶ 3:08 EP 575: Fruitstreet Raises $6m From 180 Customers for HealthTech, New Kind of VC with CEO Laurence Girard
Mar 4, 2017 positive
Assertion Not checkable as stated
Zirra crosses $50k in monthly recurring revenue
“Yeah, so we crossed the 50, 50,000 dollars MRR.”
Anur Ravan Mar 4, 2017 ▶ 9:41 EP 588: Zirra Raises $3M, Hits $50k MRR Helping You Get Company Data with CEO Aner Ravon
Apr 18, 2017
Insight
Alionço: Top-tier Series A rounds demand at least $100k MRR
“You need to be performing well, you need to have a really good ACV, you need to show how you are scaling up your sales team. And one of the most basic APIs is to be over at least 100 KMR. If you want to raise a really good Tuesday, at least with a top tier inv…”
Alessio Alionço Apr 18, 2017 ▶ 13:03 633: Pipefy $2.6M Raised, $50k MRR, Helping 400 Customers Organize Processes with CEO Alessio Alionco
Apr 18, 2017 positive
Prediction Not checkable as stated
Pipefy projects $50k to $60k MRR by the end of Q1 2017
“We are like the probably will be around like 50 to 60 to the end of this first quarter.”
Alessio Alionço Apr 18, 2017 ▶ 6:35 633: Pipefy $2.6M Raised, $50k MRR, Helping 400 Customers Organize Processes with CEO Alessio Alionco
Apr 18, 2017 bullish
Disclosure
Pipefy targets scaling MRR from $20k to $200k in 2017
“So we want to come from the 20 K we heading in the end of the year to 200 K”
Alessio Alionço Apr 18, 2017 ▶ 14:01 633: Pipefy $2.6M Raised, $50k MRR, Helping 400 Customers Organize Processes with CEO Alessio Alionco
Apr 21, 2017 bullish
Disclosure
Frrole generates $40,000 to $41,000 in monthly recurring revenue
“So we're doing around 40, 41 in MRR right now.”
Amarpreet Kalkat Apr 21, 2017 ▶ 8:22 EP 636: Bangalore Startup Hits $40k MRR Helping 18 Customers Get Consumer Data Using Social Intelligence with Frrole CEO Amarpreet Kalkat
Jun 8, 2017
Disclosure
Redox raised a $3.5M Series A with only $2,000 MRR
“Well, we had that one live customer. So we were at about, you know, a thousand dollars or so, 2000 dollars a month in you know, MRR.”
Nico Skievaski Jun 8, 2017 ▶ 10:50 684: How to Raise Your First Round of Funding with Healthcare API, Redox Founder Niko Skievaski
Aug 13, 2017
Assertion Not checkable as stated
PandaDoc generated approximately $700,000 in monthly recurring revenue by August 2017
“That's fair.”
Mikita Mikado Aug 13, 2017 ▶ 21:29 750: How to 3x Customer Revenue, Be More Than Just Document Signing
Aug 13, 2017 bullish
Prediction Not checkable as stated
Mikita Mikado projected PandaDoc would cross $1M MRR by late 2017
“That's the plan.”
Mikita Mikado Aug 13, 2017 ▶ 21:33 750: How to 3x Customer Revenue, Be More Than Just Document Signing
Sep 12, 2017 bullish
Assertion Not checkable as stated
Cirrus Insight surpasses $1 million in monthly recurring revenue
“So we're just hitting and starting to pass a million MRR now.”
Brandon Bruce Sep 12, 2017 ▶ 8:18 780: SaaS: How Did He 2x ARR In Last 12 Months from $6m to $12m?
Nov 13, 2017 positive
Assertion Not checkable as stated
Serpstat reached $70,000 in monthly recurring revenue in late 2017
“We was 70 thousand K MRR last month.”
Artem Borodatyuk Nov 13, 2017 ▶ 7:58 842: SaaS: Ukraine SEO Tool 3x MRR yoy from $20k July 2016 to $70k July 2017
Nov 22, 2017 neutral
Assertion Not checkable as stated
Consulting Services Make Up Around 12% of Exponea's MRR
“So when you look at MRR, then the consulting services are around like 12%.”
Peter Irikovsky Nov 22, 2017 ▶ 4:47 851: SaaS: How Exponea CEO Plans to Raise $7m on $50m Valuation This Month
Mar 29, 2018 positive
Assertion Not checkable as stated
CoreDNA generates nearly $200,000 in monthly recurring revenue
“We're actually close to 200 grand a month in MRR, and the reason for that is that the clients here are paying us at least two to three times what we used to pay in Australia.”
Sam Saltis Mar 29, 2018 ▶ 4:16 978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping
Jun 7, 2018 bullish
Assertion Supported
Price: Over a third of Zendesk MRR comes from 100-agent accounts
“You know, our, I think over a third of our MRR now comes from customers with more than a hundred agents, and we are investing all the time in order to add capabilities within that area, but at the same time, keep the product super simple to deploy and configur…”
Matt Price Jun 7, 2018 ▶ 19:11 1048 How Zendesk Figures Out Pricing and Product Strategy
Nov 2, 2018 neutral
Assertion Not checkable as stated
Newman: CloudCheckr's average customer MRR is $2,000 to $3,000
“Our average price is maybe 2003 thousand dollars a month MRR.”
Aaron Newman Nov 2, 2018 ▶ 7:19 1196 How CloudCheckr Drives 145% Net Revenue Retention Annually
Feb 16, 2019 positive
Assertion Not checkable as stated
eStated reached $17,000 in MRR on B2B API
“Last month they did 17,000 in MRR.”
Josh Fraser Feb 16, 2019 ▶ 9:44 1302 Property Data API Using Cash Cow to Fuel SaaS Growth
May 23, 2019
Assertion Not checkable as stated
Limelight Health generates $420,000 per month in SaaS MRR
“Right now with all the bookings for ARR sorry, with MRR, we're doing about 420,000 a month.”
Jason Andrew May 23, 2019 ▶ 9:19 1398 How Limelight Is Shifting to More SaaS Revenue, $5m Currently
Jun 15, 2019
Assertion Supported
Sadowski: Brand24 has over 2,000 active paying customers
“Yeah. We have many more signups. However, those are only active paying customers. So the ones that count into MRR.”
Mike Sadowski Jun 15, 2019 ▶ 3:04 1421 How He IPO'd $2m ARR Company on Polish Exchange
Nov 14, 2019 bullish
Assertion Not checkable as stated
ActivTrak added as much MRR in October as its first 18 months
“I've been reflecting on our numbers last month, and like last month in October, we've actually added the same number of MRR as we've added in first 18 months.”
Anton Seidler Nov 14, 2019 ▶ 4:16 1573 How Activtrak Hit $4.5M ARR With No Outside Capital
May 23, 2020 bullish
Prediction Not checkable as stated
Yunus: vFairs will reach $300k MRR by end of 2020
“My gut is that it will go all the way up to 300 MRR you know, yeah, 300 thousand yeah, kind of, 300,000 dollars in an MRR pretty much, you know, by end of the year.”
Muhammad Younas May 23, 2020 ▶ 9:59 1764 "CoronaVirus Driving Massive Growth At This $2.5m ARR Virtual Event SaaS Company "
May 30, 2020 neutral
Assertion Not checkable as stated
Bice: BoomTime generates about $250,000 in monthly recurring revenue
“So we're doing we're doing about 250 in MRR right now.”
Bill Bice May 30, 2020 ▶ 5:13 BoomTime.com: Hit $2.8m in Revenues, First 100 Customers From Linkedin
May 31, 2020 bullish
Assertion Not checkable as stated
Living Security surpasses $115,000 in monthly recurring revenue
“We're over one 15 at this point total.”
Ashley Rose May 31, 2020 ▶ 7:45 LivingSecurity.com: Guess What Multiple They're Raising $5m Series A At
Jun 19, 2020 positive
Assertion Not checkable as stated
Trainual reached $250,000 in monthly recurring revenue in May 2020
“Yeah, that's it. We hit that last month.”
Chris Ronzio Jun 19, 2020 ▶ 7:05 Trainual Hits $3m ARR, 3x YoY Helping 2500 Customers Document Key Processes
Sep 28, 2020 negative
Insight
Moubeche: Tying bonuses to lead volume harms overall lead quality
“Because I know a lot of people, you know, they're trying to put bonuses on number of qualified leads, marketing qualified leads, sales qualified I think it's too complicated, and I think people tend to always optimize things based on, so for example, if I tell…”
Guillaume Moubeche Sep 28, 2020 ▶ 4:56 Lemlist Gives Employees This Bonus When 5x Revenue Growth Target Hit
Sep 30, 2020 positive
Assertion Not checkable as stated
At Least 20% of PlusThis Monthly MRR Growth Comes From Expansion Revenue
“Of the monthly MRR growth, I would say 20% of it is at least 20% is expansion revenue.”
Dave Lee Sep 30, 2020 ▶ 6:59 PlusThis Does $85k in Profit Every Month Selling Marketing Tools to 3,000 SMB's
Oct 8, 2020
Assertion Not checkable as stated
ClickUp approached $3M in monthly recurring revenue by October 2020
“We're a little bit less than that.”
Zeb Evans Oct 8, 2020 ▶ 12:02 Clickup Close To $34m in Revenue, Competing in Project Management Space with 300,000 Paid Seats
Apr 7, 2021 positive
Assertion Partly supported
ConvertKit grew monthly recurring revenue from $2K to $100K in 12 months
“So January, 2016, the previous 12 months, we'd grown from 2000 in MRR to a 100,000 in MRR.”
Nathan Berry Apr 7, 2021 ▶ 7:35 ConvertKit's Shocking Growth to $25m Revenue, Power of Creator Economy
Apr 11, 2021 positive
Insight
Moubeche: Aligning teams on quarterly MRR beats lead-based bonuses
“I know a lot of people, you know, they're trying to put bonuses on number of qualified leads, marketing qualified leads, sales qualified leads. I think it's too complicated, and I think people tend to always optimize things based on, so for example, if I tell …”
Guillaume Moubeche Apr 11, 2021 ▶ 5:32 Lemlist CEO Guillaume Moubeche: Gives Employees this bonus when 5x revenue growth target hit
Apr 28, 2021
Assertion Supported
Weekend Club reaches $2,148 in MRR
“So we just hit 2148 dollars in MRR about a few days ago.”
Charlie Ward Apr 28, 2021 ▶ 2:02 The Right Way to Build a Bootstrapped Community with WeekendClub
Apr 29, 2021
Assertion Not checkable as stated
Jeff Epstein's Onboard.io had not reached $10,000 in MRR by April 2021
“No, not yet.”
Jeff Epstein Apr 29, 2021 ▶ 14:07 What Do You Do After You Exit Your First SaaS For More than $9m?
May 30, 2021 bullish
Insight
Nathan Latka: Each SaaS MRR dollar adds $60 in equity value
“Every dollar of MRR you add to your business is effectively worth 60 dollars in equity because you multiply times 12 to annualize it and a minimum five X multiple.”
Nathan Latka May 30, 2021 ▶ 21:37 Bootstrapped to $4m, $2m profits, Wants to Exit by End Of Year
Jul 13, 2021 positive
Assertion Not checkable as stated
JazzHR Reached Nearly 7,000 Customers and $1.4M MRR in 2020
“Yeah, I mean, we're just under 7000, but that's, your numbers are correct.”
Pete Lamson Jul 13, 2021 ▶ 10:51 PE Just Ate JazzHR, Here are their metrics 1 year ago
Aug 12, 2021 bullish
Prediction Not checkable as stated
Pipeline Signals targets $100K MRR within 12 to 18 months
“So our goal is in the next 12 to 18 months to be able to do a 100,000 MRR.”
Jamie Shanks Aug 12, 2021 ▶ 12:04 0 to $20k MRR in 4 Days? How This SaaS Startup Did It.
Oct 29, 2021 neutral
Assertion Not checkable as stated
Bradley-Chernis: Lately MRR is $79k, Down from $94k Peak
“MRR is at 79,000. We were up to 94 and we dropped.”
Kate Bradley-Chernis Oct 29, 2021 ▶ 5:47 How Lately Plans to Break $1m in ARR, Raising Now at $10m Valuation
Jan 17, 2022
Assertion Not checkable as stated
Martinson: Xolo generates approximately €400,000 in MRR
“We have about 400,000 euros in MRR right now.”
Allan Martinson Jan 17, 2022 ▶ 13:09 6k Freelancers Use Xolo To Run Their Business, $5.5m Revenue, Raising $20m Now
Jan 24, 2022 positive
Assertion Not checkable as stated
Traction Reaches $100K Monthly Recurring Revenue
“So we just hit like a hundred, a 100,000 dollars.”
Igor Marinelli Jan 24, 2022 ▶ 10:50 LATAM SaaS + IoT Grows 10x to $1.2m in ARR, $3.7m Round at $15m Valuation
Feb 1, 2022
Assertion Not checkable as stated
Salvi: Aryel Generates €20K MRR With €180 Average User Price
“The average price for each user is one 180 euros per month. Our MRR today is about two 20,000 euros per month.”
Matteo Salvi Feb 1, 2022 ▶ 7:22 Launch AR Campaigns Easily, SaaS Hits $25k MRR Under 8 Months
Apr 19, 2022
Assertion Not checkable as stated
Al-Sheikh: Nabbesh peaked at $50k to $60k in MRR
“I don't, I'm sorry, but it wasn't, I wouldn't say it was more than like 50, 60 K .”
Rima Al-Sheikh Apr 19, 2022 ▶ 12:40 She Fled the Syrian War Then Raised $1m, Fraud AI Tool now Worth $10m
Jul 3, 2022 neutral
Assertion Not checkable as stated
Barattini: Sturpy generates around $500 in monthly recurring revenue
“We have around 500 MRR, but it's a big revenue per account, so we have more users, let's say.”
Filippo Barattini Jul 3, 2022 ▶ 3:59 How he makes $7k/mo from app the fund his new SaaS tool
Aug 12, 2022 bullish
Assertion Not checkable as stated
FormPiper grows pure SaaS monthly recurring revenue to $45,000
“Just on SAS, yeah. So last time we were at 18, and so now we're at 45, so we're up about a 150%.”
Brad Parker Aug 12, 2022 ▶ 5:52 $225k in MRR with $50k/mo in profits. How this non-tech founder built a bootstrapped SaaS selling to furniture stores.
Oct 21, 2022 positive
Assertion Partly supported
Benson: Founderpath lends up to 8x MRR versus Scaleworks at 4x MRR
“Scaleworks is at four XMRR, he's at eight XMRR.”
Steve Benson Oct 21, 2022 ▶ 23:55 How I hit $5m ARR, kept control using 3 different debt providers
Oct 21, 2022 negative
Assertion Supported
Benson: Early SaaS debt from Lighter Capital was capped at 3-4x MRR
“What didn't exist, well, I mean, the products that exist were more expensive, for starters, but they were also, they weren't willing to loan very much, right? So I think Leiter would do, like, three, and I'll get into this in my slides, I don't want to blow my…”
Steve Benson Oct 21, 2022 ▶ 4:26 How I hit $5m ARR, kept control using 3 different debt providers
Apr 4, 2023 positive
Assertion Not checkable as stated
Sanchez: Chantico is generating around $33k to $35k per month in revenue
“No, no, no, that's actually, that's where we're at. That was our goal for this, was just to cover our run rate.”
Gina Sanchez Apr 4, 2023 ▶ 14:05 How she went $0 to $35k MRR in 12 months selling SaaS to RIA's
Aug 8, 2023 negative
What-if
Kagan: Hirize would have higher MRR if pricing was pre-negotiated in beta
“I started negotiating after after I launched, which I think we would have more MRR if we did it, if we, you know, yeah, you can't do everything perfect.”
Ezra Kagan Aug 8, 2023 ▶ 11:02 How Hirize Hit $14k MRR in 60 Days
Feb 15, 2024
Assertion Not checkable as stated
Prados: Review Wave averages $383 in new MRR per customer
“Average new MRR right now is floating right around the three 83 three bucks a month.”
Matt Prados Feb 15, 2024 ▶ 6:29 This CEO Does $20m/year Selling Software to Chiropractic Offices
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