7 Billing And Invoice App Business Success Stories [2024]

Pat Walls

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Updated: November 1st, 2023

Start A Billing And Invoice App Business

Here are some real life success stories of starting a billing and invoice app business:

1. Splynx ($3M/year)

to improve our conversion rates and generate more leads. Additionally, we focus on providing excellent customer support and building long-term relationships with our clients. Our customer retention rate is high, and we continuously listen to feedback and make updates to our product to better meet our customers' needs.

How much they make: $3M/year
Current team size: 50

SaaS Bootstrapper Hits $3m Revenue with genius niche product

About

Alex started Splynx about 8 years ago

Revenue

Alex grew the business to $250K/month

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2. Promys ($4.5M/year)

In starting their business, the founder realized the need for a workflow system to offset the complexity of a growing company. Unable to find a suitable solution in the market, they had their development team build the first version and eventually spun it out as a focused business. Throughout the process, they emphasized the importance of getting an early version of the product to customers to gather feedback and make necessary adjustments.

How much they make: $4.5M/year
Current team size:

Our CRM Suite Just Hit $3M ARR

This case study follows a serial entrepreneur's journey in the Information Technology industry, where he founded successful companies such as UNIS LUMIN and Promys, and offers advice to aspiring founders, emphasizing the importance of adjusting to changing markets and learning from early customers' input.

About

John started Promys over 22 years ago

Revenue

John grew the business to $375K/month

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Read by 1,541 founders