Assertion certainty 4/5 debate potential 1/5

ActivTrak took 18 months to reach its first $20,000 in revenue

Anton Seidler · 1573 How Activtrak Hit $4.5M ARR With No Outside Capital · Nov 14, 2019 · at 16:13

Anton Seidler, co-founder of ActivTrak, reflects on the slow initial traction the company experienced before finding scale.

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“It took us 18 months just to get like first 20 K.”

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More from Anton Seidler

Disclosure
ActivTrak established an intentional company policy against building a remote team
“Yeah, we intentionally decided, decided not to build a remote team, so it's like rule and the policy.”
Anton Seidler Nov 14, 2019 ▶ 8:56 1573 How Activtrak Hit $4.5M ARR With No Outside Capital
Assertion Not checkable as stated
33% of new ActivTrak website visitors create an account
“33% of our new visitors are actually creating an account at ActiveTrack.”
Anton Seidler Nov 14, 2019 ▶ 13:45 1573 How Activtrak Hit $4.5M ARR With No Outside Capital
Assertion Not checkable as stated
About 3% to 4% of ActivTrak users convert to paid plans
“Depending on Scale of our marketing aggressiveness, it's about like three, four percent on, on, on, on average can convert to pay.”
Anton Seidler Nov 14, 2019 ▶ 14:29 1573 How Activtrak Hit $4.5M ARR With No Outside Capital
Disclosure
ActivTrak paused almost all paid acquisition campaigns to test channel dependence
“On January first this year, we've decided to almost kind of stop all our paid acquisition campaigns just to see how dependent are we, like from Google, Bing, and that kind of stuff.”
Anton Seidler Nov 14, 2019 ▶ 11:28 1573 How Activtrak Hit $4.5M ARR With No Outside Capital
Assertion Not checkable as stated
ActivTrak reached $1.5M ARR with only two founders and an AWS account
“We were able to reach 1.5 million in annual recurring revenue basically staying in like two guys in the track mode mode. Like it was just two of us and AWS account and that's it.”
Anton Seidler Nov 14, 2019 ▶ 14:51 1573 How Activtrak Hit $4.5M ARR With No Outside Capital
Assertion Not checkable as stated
ActivTrak has 4,456 customers as of November 2019
“It's a 4456 customers as of now.”
Anton Seidler Nov 14, 2019 ▶ 2:15 1573 How Activtrak Hit $4.5M ARR With No Outside Capital
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