$8M ARR, 3X YoY Growth AND Profitable ๐ !
I still remember 4 years ago sitting in one of @sjs_day1's sessions at @_surgeahead on the power of AND answers in startups. The message was simple and powerful - You should try very hard to find an AND answer to a problem and OR is often a false choice.
This news makes me happy because we've finally gotten there at @BiteSpeed. Growth AND Profitability :).
There are 3 core vectors driving the growth over the last 12 months ๐
Today we're launching AI Marketer by @BiteSpeed.
Brand owners and marketers have long struggled with 'guesswork' in marketing.
- What should I send next?
- Which segments actually convert?
-ย What are competitors doing thatโs working?
Most decisions are based on instinct and not intelligence. Which means wasted budgets, campaigns underperforming and high-ROI opportunities being missed.
We thought, what if we could combine the taste of a world class marketer with performance insights from 1000s of brands and skip the guesswork entirely?
Crossed $6M by the time this came out but not complaining ๐ . 250%+ YoY growth, tracking $10M soon :).
Last year, right after our Pre-Series A fundraise, growth slowed and we had a flat year. A founder's worst nightmare.
We got back to the drawing board, re-evaluated both strategy and execution critically and resolved that we're going to build one of the fastest growing AI-SaaS companies in the country and globally.
There were 3 core areas we decided to bet on ๐