I Built A $90K/Month SaaS in 19 Months

Starter Story 13min 2 min #160
I Built A $90K/Month SaaS in 19 Months
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Summary

  • Zac Cherin

    • Co-founded Hiro Analytics with partner Brendan, launching in October 2024 and reaching over $1M ARR within 19 months
    • Previously ran an email marketing agency for about 6 years with around 30 clients, which became the ideal customer profile for Hiro
    • Earlier in his career, worked at a data visualization startup that was acquired by Amazon, then worked at Amazon before leaving to pursue entrepreneurship
    • Also started a failed newsletter business that taught him email marketing, which eventually led to building the agency and then Hiro
    • Stepped away from the agency full-time once Hiro gained momentum
  • Products and Offerings

    • Hiro Analytics: An analytics and reporting platform built specifically for email and SMS marketing agencies
      • Automates data collection and reporting across platforms like Klaviyo, Postscript, Attentive, and Omnisend
      • Lets agencies view all clients in one place and track team pacing versus goals
      • Offers agency-specific features such as multi-client dashboards and seat-based access for both agency strategists and their end clients
  • Metrics and Financials

    • Over $1M ARR achieved in 19 months
    • Approximately $96.2K MRR at the time of recording, pacing at nearly $10K new MRR per month
    • Extremely low churn rate
    • Pricing is subscription-based with a 30-day free trial
    • Monthly fee scales with client count: e.g., 10 clients ~$500/month, 20 clients ~$600/month, larger agencies with 200+ clients pay a few thousand per month on bespoke plans
    • Additional seat revenue: agencies pay ~$10/month per seat for strategists, and can extend seats to end clients (e.g., 20 client seats = $200/month)
  • Strategy and Growth

    • Core strategy is selling to agencies rather than individual brands, which provides access to dozens of end clients through a single sale
    • Agencies are easy to find through platform partner directories (e.g., Shopify agency partner page, Klaviyo partner directory), which rank agencies by size and influence
    • Because agencies all use the same underlying platforms, nearly every feature launched is relevant to every user
    • Key value propositions for agencies: help them take on more clients without hiring more people, and save significant time on manual reporting
    • Defensible against platform competition (e.g., Klaviyo building their own analytics) because Hiro connects to multiple platforms, and a $1M ARR product is too small for large public companies to prioritize
  • Tech Stack and Infrastructure

    • Early stack included AWS and Snowflake, with initial cloud costs being very high due to inexperience with app-scale infrastructure
    • Used Retool as an internal app-building tool connected to their own database structure
    • Migrated entirely to cloud code over the last 6–8 months
    • Founders had an oddly specific background in ETL (Extract, Transform, Load), which helped with data pipeline setup
  • Lessons and Advice

    • The path to a successful business is never linear; it took roughly 10 years of varied experiences to build Hiro
    • Every professional experience can become relevant later, so don’t discount any of them
    • To replicate this model: identify the agency layer in whatever industry you work in, find the key platforms those agencies use, and locate their partner or agency directories for immediate access to prospects
    • Agencies universally share the same core problems: scaling without hiring and reducing manual work
    • Focus on unsexy B2B niches for faster growth and less competition
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