How Much Money TitleCapture Makes

N

Podcast nathanlatkathetop.libsyn.com

“They finished 2021 with $280,000 a month in revenue”

N

Podcast nathanlatkathetop.libsyn.com

“And where were you exactly one year ago? One year ago, we were 6% less because I remember the growth in 2022 was 6%. The real estate market definitely took a bit of a hit towards the end of the year, last year. We have seen a bit more churn than usual. Our churn is normally at about 6.7% month over month, but in the last couple of months of 2022, we did see it up to 1.7, 1.8. People got scared. A lot of title agencies decided to cut costs, cross the board because they didn't know what was coming. So they took all this preemptive action, but it has come back down since then. So people are starting to get a little more confident about where the market's going. But it's been kind of three, four months where our net new MRR was negative. Okay. So 313,000 a month a year ago would be 6% up to 333 today.”

G

Web getlatka.com

“TitleCapture reached $4M ARR in 2023, up from $3.8M in 2022 and $3.4M in 2021”

G

Web getlatka.com

“on $333,000 a month in top line revenue today, call it $90,000 worth of profits...”

N

Podcast nathanlatkathetop.libsyn.com

“So $45,000 of the $90,000 would stay in the business. So your cash balance is now $650,000 and you guys each take whatever $20,000, $30,000 a month. You split the rest. Yeah, yeah, pretty much. And that's your salary or is that on top of your salary? Yeah. No, that's that's basically what we pay ourselves.”

N

Podcast nathanlatkathetop.libsyn.com

“So on $333,000 a month in top line revenue today, call it $90,000 worth of profits, which they keep 50% of that in the bank to grow their cash balance, now over $600,000.”

N

Podcast nathanlatkathetop.libsyn.com

“now doing almost $4 million in ARR.”

1

Web 1m.chat

“Revenue is the founder's own figure from the interview dated 2023-11-20: $300K+ MRR, which he described as close to $4M ARR. That is what he said at that date, not current revenue — nothing published since puts a newer number on it.”

S

starterstory.com

“Starter Story case study: Our Journey Building A $4M ARR Product In The Real Estate Space”

1

Web 1m.chat

“TitleCapture: quoting software for US title companies at $4M a year TitleCapture sells a branded quoting app to title companies in the United States. $4M/yr founder-reported 2023”

G

Web getlatka.com

“TitleCapture 2024 estimated revenue: $5.6M (up from $4M in 2023).”