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SaaS Interviews with CEOs, Startups, Founders

1573 How Activtrak Hit $4.5M ARR With No Outside Capital

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6683 Ratings

🗓️ 14 November 2019

⏱️ 19 minutes

🧾️ Download transcript

Summary

35 y.o. Married with 2 kids. Live in Dallas, Texas. I'm building SaaS B2B products since 2003. My first startup in this area grew from 1 to 110 employees and $0 to $2M/year in 4 years. My second from 2 co-founders to a team of 27 and $0 to $4.6M ARR in six years. My ares of expertise are: product, marketing, UI/UX, building teams, early stages of startups.

Transcript

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0:00.0

Founded ActiveTrack. Free employee monitoring software and productivity measurement. That was back

0:04.9

many years ago, call it, let's see, 2011. Now 27 people based mostly in Dallas, Texas.

0:11.1

4,400 customers paying on average $85 a month, so doing $378 grand per month. Right now,

0:15.6

that's up from $245,000 just a year ago. They've done this all bootstrapped, which is great.

0:20.7

2% gross revenue turn per month, 3% expansion. So net negative 1% revenue churn every single

0:26.8

month. That's obviously great. Too early, or they don't really track a KAC right now because

0:30.3

a lot of their growth is coming just from organically and their team of sales and marketing.

0:34.2

Hello, everybody. My guest today is Anton Eidler. He's 35 years old, married with two

0:38.3

kids living in Dallas, Texas, building SaaS B2B products since 2003. His first startup grew

0:45.0

from 1 to 110 employees in 0 to 2 million bucks per year in four years. Second one to 4.6

0:51.2

million ARR in six years. His areas of expertise, product marketing,

0:54.9

UIUX, building teams and early stages of startups,

0:57.0

now building a company called ActiveTrack.

0:59.1

Anton, are you ready to take us to the top?

1:01.3

Yes, absolutely.

1:02.3

Okay, so what does ActiveTrack do and how do you make money?

1:05.8

Active Track is improving how company work.

1:08.5

And essentially, what we are doing is we started bringing enterprise level technology to

1:15.3

small business.

1:16.8

And now we've learned so much about small business that we actually do the opposite.

1:20.4

We're kind of bringing in drive and courage from small business to enterprise.

1:24.9

Interesting.

...

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