Top 1 SaaS Companies in Stone Ridge, United States, August 2026

Stone Ridge, New York, United States

Lately is an AI-powered content repurposing platform that automatically transforms long-form content such as blogs, podcasts, and videos into dozens of social media posts. The company was founded by Kate Bradley Chernis, who serves as CEO, and is headquartered in the United States. As of October 2021, Lately was serving 358 paying customers at an average revenue per user of roughly $200 per month, generating monthly recurring revenue of $79,000. The company had raised a total of $3.3 million across multiple angel rounds since its founding, with the most recent being a convertible note targeting $650,000 to $700,000 at a $10 million cap that was oversubscribed at the time of the interview. Lately was in the midst of a strategic pivot away from a full social media management platform toward a self-service, AI-only product with gamification, shedding the overhead of managing third-party social platform APIs, which consumed an estimated 75 percent of engineering resources. With a seven-person full-time team, six part-time contributors, a burn rate of approximately $50,000 per month, and 18 months of runway, Lately was operating in what Chernis described as cockroach mode while preparing to launch its next product and pursue a more traditional fundraising round in 2022.