This Admin Tool For Freelancers Now Generates $1.8M/Year [Denmark]

February 7th, 2022

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Jannik Flor Borg

Founder, Factofly

$150K

revenue/mo

Founders

Employees

Factofly

factofly.com

from Copenhagen, Denmark

started November 2020

$150,000

revenue/mo

Founders

Employees

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Hello! Who are you and what business did you start?

My name is Jannik and I am the co-founder and CEO of FactoFly. FactoFly is helping freelancers, side-hustlers, and gig workers to lead administration-free lives by taking care of everything related to their business in terms of admin.

Our current product is rather simple but with a big impact on the way our users run and focus on their freelance business. Current users span full-time freelancers to one-off projects that need to be invoiced.

In all its simple glory: freelancers send their invoices through our platform, are fully insured and compliant with local law. Their money is then paid out to them as a regular salary. No need for dealing with their own company and the administrative burdens that follow.

Over the last twelve months, we’ve grown the business from 0 to around €130k monthly revenue.