From Idea to Acquisition: How Jeel Patel Built a Profitable SaaS

December 15th, 2024

Founded By
Jeel Patel
Days To Build
180
Founders
2
Profitable
Yes
Days To Build
180
Year Started
2021
Customer
B2B & B2C

Who is Jeel Patel?

Jeel Patel, the founder of InvoiceOwl, holds a degree in Business Administration and Management from the University of Toronto and created the company after noticing inefficiencies in invoicing for contractors.

What problem does InvoiceOwl solve?

InvoiceOwl solves the headache of managing invoices for contractors by offering a quick, paperless solution, saving them valuable time and keeping their finances organized.

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How did Jeel come up with the idea for InvoiceOwl?

Jeel Patel, the founder of InvoiceOwl, came up with the idea for his business by observing a simple yet common problem faced by tradesmen like his family’s landscaper. He noticed they were using inefficient paper invoicing systems, which led to time wastage and disorganization. Driven by his...

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Disclaimer: The initial draft of this article was compiled by the Starter Story team based on publicly available interviews, podcasts, and other content from the founder. See the sources we used here.

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