The next Mailchimp? Email SaaS Hit $15m Revenue Last Month
Tyler Denk, CEO of Beehiiv, shares the remarkable journey of Beehiiv from its inception to becoming a significant player in the email SaaS market. Starting from scratch in 2021, Beehiiv has experienced rapid growth, achieving a run rate of $10.2 million by 2023. Tyler discusses how Beehiiv generates revenue through its three main streams: advertising, premium boosts, and its core SaaS fees. With 20,000 active senders and a powerful ad network that caters to a wide range of content creators, Beehiiv is redefining the email marketing landscape by democratizing access to advanced marketing tools that were previously available only to large publishers.
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Timestamps:
0:00 - Introduction to Beehiiv and CEO Tyler Denk
1:00 - Recap of Beehiiv's founding and initial coding phase
3:30 - Growth metrics and financial performance up to 2023
5:00 - Overview of Beehiiv's revenue streams
7:00 - Detailed analysis of active senders and email volume
9:30 - Tyler Denk's professional background and his role at Morning Brew
12:00 - Strategic pivot from Morning Brew to launching Beehiiv
14:30 - Core offerings of Beehiiv and its position in the market
16:30 - Importance of email in digital marketing and Beehiiv's growth tools
18:30 - Future goals for revenue and expansion plans
20:30 - Final thoughts and wrap-up of the interview
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By the numbers.
See charts and graphs here: https://getlatka.com/companies/beehiiv
Founded in 2021.
$15M in revenue in 2024.
$1M in revenue in 2022.
$49.7M Total Funding.
$850,000 to $900,000 Monthly SaaS revenue.
142 employees.
90,000 customers.
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