Klean Leads
Spring Hill, Florida, United States
2021 Revenue
$240K
Churn
22%
Founded
2020
Klean Leads Revenue (2021)
Klean Leads generated $240K in revenue in 2021.
Klean Leads is a bootstrapped cold email software company founded by Daniel Fazio and launched in December 2020. The company white-labels its core LinkedIn email-scraping tool from SellSaaS and supplements it with Contact Ecom, a separately built product. As of May 2021, Klean Leads was generating approximately $20,000 in monthly recurring revenue, implying roughly $240,000 in annualized revenue.
Fazio built the business on the back of a Twitter audience of 34,000 followers and a cold email course called Cold Email Mastery, which had generated over $500,000 in cumulative sales across more than 4,000 buyers since its May 2020 launch. Course revenue in the 30 days prior to the interview ran between $20,000 and $24,000. The company is entirely bootstrapped, with course profits reinvested into a five-person development team building a proprietary cold email sending application.
The business operates with a 22% monthly churn rate on the SaaS side, though a personalized onboarding initiative had lifted trial-to-paid conversion from 20% to 40% at the time of the interview. Fazio pays SellSaaS a 20% revenue share on Klean Leads and directs roughly 10% of course sales to affiliates.
Last updated
Klean Leads Revenue
Klean Leads reported approximately $20,000 in monthly recurring revenue as of May 2021, implying annualized SaaS revenue of roughly $240,000. The company launched in December 2020, reaching that MRR figure in approximately five to six months.
On the course side, Cold Email Mastery generated between $20,000 and $24,000 in the 30 days prior to the interview and had accumulated over $500,000 in total sales since its May 2020 launch across more than 4,000 buyers. The host calculated an average ticket price of approximately $125 based on those figures, noting that the current base price of $215 is well above that average because the course launched at roughly $30 as an ebook and was repriced upward repeatedly as video content was added. Fazio confirmed the course started at approximately $30.
All course revenue was attributed to organic Twitter distribution, with the sole paid channel being retargeting ads running at $10 per day, a practice Fazio said he began only three months before the interview. Affiliates accounted for approximately 10% of total course sales.
Founder / CEO
Daniel Fazio
CEO
Daniel Fazio is the CEO of Klean Leads. He was 24 years old at the time of the May 2021 interview, having initially said 23 before correcting himself. Fazio built a Twitter following of 34,000 under the handle blackhat wizard (with two d's) by posting value-driven content, engaging with larger accounts, and compounding audience growth through mutual interaction.
Before building Klean Leads, Fazio ran an Instagram agency that acquired clients through cold email, then transitioned into an agency that sent cold emails on behalf of other businesses. He launched Cold Email Mastery in May 2020, initially as an ebook priced at approximately $30, and grew it to a $215 base course with cumulative sales exceeding $500,000 across more than 4,000 buyers by May 2021. He described the course as the distribution engine that funded and seeded the SaaS products.
Fazio's CTO, whose name was not stated in the interview, holds a 30% equity stake in Contact Ecom and was set to hold 30% of the forthcoming mailing application as well. Fazio handles marketing across all products while the CTO manages the development team. Net worth was not discussed in the interview.
Customers
Klean Leads had approximately 200 customers on Contact Ecom as of May 2021. The host noted that roughly 200 customers paying approximately $100 per month would account for the $20,000 MRR figure, and Fazio confirmed that framing. The exact Klean Leads subscriber count was referenced by the host as approximately 200 in that context, though Fazio mentioned a figure of around 200 specifically for Contact Ecom.
The Cold Email Mastery course had more than 4,000 total buyers. Fazio's email list stood at approximately 4,400 subscribers, a figure he said closely tracks the buyer count because he deliberately avoids free lead magnets, preferring paid entry points to ensure the list consists of buyers rather than non-converting free subscribers.
Course pricing starts at $215 for the base Cold Email Mastery package, with add-ons such as an Instagram email scraping module bringing the price to $285, and further upsells available beyond that. The course originally launched at approximately $30.
Klean Leads Business Model
Klean Leads operates a hybrid model combining SaaS subscription revenue and one-time course sales. On the SaaS side, the company white-labels its LinkedIn scraping tool from SellSaaS and pays a 20% revenue share on that product. Fazio acknowledged this means approximately $4,000 per month in margin is paid to SellSaaS on $20,000 in MRR, which he cited as a motivation to eventually build a proprietary replacement.
Monthly churn on the SaaS product was 22% at the time of the interview, a rate Fazio described as high. To address it, the company introduced a personalized onboarding step in which an account manager sends new trial users a custom Loom video demonstrating how to scrape their specific niche. This initiative lifted trial-to-paid conversion from 20% to 40%. At 22% monthly churn, the company cycles through its customer base roughly every five months.
Affiliate commissions account for approximately 10% of course sales. Fazio uses Hyros, an ad attribution platform, to track customer lifetime value across products and map the full purchase journey from course to software subscriptions. Retargeting ads run at $10 per day on a Facebook pixel placed through Gumroad's advanced settings. Burn rate, gross margin, and runway were not discussed in the interview. The business is bootstrapped and reinvests course profits into the development team building the mailing application.
Point-in-time figures shared on the GetLatka podcast, each linked to the exact moment it was said on camera.
Gross churn (2021)
About 22% monthly
“Daniel Fazio: Yeah. Churn's at about 22%. ... Nathan Latka: And when you say 22% churn, that's monthly churn? Daniel Fazio: Yep.”
WatchKlean Leads Employees & Team Size
Klean Leads had a total team of five people as of May 2021. All five developers were focused on building the proprietary cold email sending application at the time of the interview. Because Klean Leads itself is a white-label product, no engineering resources were allocated to it. Fazio's CTO manages the development team and holds equity stakes in the products rather than a salary arrangement, though compensation terms were not detailed in the interview.
Frequently Asked Questions about Klean Leads
Is Klean Leads still operating?
No. Klean Leads has shut down.
What is Klean Leads's revenue?
As of 2021, Klean Leads generated $240K in revenue.
Who founded Klean Leads?
Klean Leads was founded by Daniel Fazio.
When was Klean Leads founded?
Klean Leads was founded in 2020.
Where is Klean Leads headquartered?
Klean Leads is headquartered in Spring Hill, Florida, United States.
Compare Klean Leads to the industry
Klean Leads operates across multiple industries. Browse revenue, funding, and growth data for Klean Leads in each sector below.
Full Interview Transcripts
Read the full interview and its transcript.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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