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
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.
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.
We are on a mission to make contractors' lives more organized. Ditch paper-based estimates and invoices that waste hours of time and effort. It's time to say hello to InvoiceOwl, w…
Jeel Patel is the founder of [InvoiceOwl](https://www.invoiceowl.com/ "InvoiceOwl"), a top-rated estimating and invoicing software that simplifies contractor businesses’ invoicing …
03 Jun 2024—Jeel Patel and his father built InvoiceOwl, an online invoicing tool for tradesmen. Three years later, they sold the company for six figures on Acquire.com. Listen to Andrew’s tal…
03 Jun 2024—176 views Jun 3, 2024 Startup Acquisition Stories
Even with massive competition, you can still build a useful, profitable, SaaS business.
Jeel Patel and his father built Inv…
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