Latka logo

2024 Revenue

$681.5K(Est.)

Customers · 2022

15

Team

4

Founded

2020

Digno, Inc Revenue (2024)

Digno, Inc generated an estimated $681.5K in annual revenue in 2024. Source: GetLatka estimate

Digno, Inc. is a bootstrapped SaaS company founded in January 2022 by Mahir Iskender and his wife, offering an employee performance scoring platform that aggregates behavioral data from existing business applications and produces a single composite score for each employee. The platform is built around five behavioral factors: productivity, management, engagement, tenure, and consistency.

As of September 2022, Digno reported approximately $45,000 in monthly recurring revenue from 15 paying customers, with an average contract value of roughly $3,000 per month. The company launched publicly at Collision Toronto in June 2022 and converted 17 of its early trial users to paid accounts at launch.

Iskender, who is 40 years old and holds a 90 percent equity stake, bootstrapped the company entirely with personal capital, spending approximately $120,000 to date on development and operations. The company employs 10 full-time staff and supplements its in-house team of four engineers with outsourced development through TkXel, a Pakistan-based firm, at a monthly cost of $10,000 to $20,000.

Last updated

Digno, Inc Revenue

Digno reported approximately $45,000 in monthly recurring revenue as of September 2022, derived from 15 paying customers at an average contract value of roughly $3,000 per month. Iskender confirmed this figure directly, telling host Nathan Latka: "It's accurate. Yes. We're aiming approximately $82,000 by the end of the year."

Digno, Inc Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$150K$300K$450K$600K$750K20202021202220232024$0$540K$445.5K$681.5KSource: GetLatka.com interview on Sep 29, 2022 with Mahir Iskender
YearMilestoneSource
2024Digno, Inc Hit $681.5k revenue in October 2024Estimated
2023Digno, Inc Hit $445.5k revenue in December 2023Estimated
2022Digno, Inc revenue in 2022: $540kWatch[1]
2020Launched with $0 revenue

The company was pre-revenue until June 2022, meaning it went from zero to $45,000 in monthly revenue in roughly three months. Annualized, the September 2022 run rate implies approximately $540,000 in annual recurring revenue. Iskender stated a target of $82,000 per month by year-end 2022, which would represent an annualized run rate of roughly $984,000. Latka noted on air that Iskender was hoping to break a $1,000,000 run rate within two to three months of the interview.

As a GetLatka forward estimate: applying the observed ramp from $0 to $45,000 per month over three months, and using a conservative deceleration to account for early-stage volatility, a plausible 2023 annual revenue range is $600,000 to $1,200,000. This is a GetLatka estimate based on the trailing growth trajectory stated by Iskender and should not be treated as a company-confirmed figure.

Founder / CEO

Mahir Iskender

CEO

Mahir Iskender is the CEO and founder of Digno, Inc. He is 40 years old as of the September 2022 interview. His wife is a co-founder. Iskender holds 90 percent of the company's equity and his wife holds the remaining 10 percent.

Iskender's path to Digno began with a fashion retail business he co-founded with his wife in 2012. By 2018 he was managing two stores and a team of approximately 30 people, which he described as difficult to oversee. That year, while reviewing his credit score through a service like Credit Karma, he drew an analogy between behavioral nudges in consumer finance and employee performance management. In March 2020, during the early months of the COVID-19 pandemic, he began planning what would become Digno. He ran an informal internal experiment at his retail business, telling employees their performance was being tracked and scored, with a reward of a one-week vacation to Istanbul for reaching an 800-point score. Within six months, he reported a 30 percent increase in sales and a 40 percent increase in productivity across his retail team.

The first line of code for Digno was written in July 2021. Iskender initially hired two developers from Turkey to build an MVP, then engaged TkXel, a Pakistan-based outsourced development firm, to build out the full product. The company's first paying customer was acquired in June 2022, coinciding with the public launch at Collision Toronto. Iskender serves as the company's sole salesperson and uses LinkedIn automation tools including SalesFlow and Expandi.io for cold outreach. Net worth was not discussed in the interview; any estimate would require applying his 90 percent equity stake to a valuation that has not been established.

Q&A

QuestionAnswer
What's your age?43

Customers

As of September 2022, Digno had 15 paying customers and 10 users on its free plan, for a total of approximately 45 companies in the system including trial users. The company launched publicly at Collision Toronto in June 2022 with roughly 20 trial users already in the system; 17 of those converted to paying accounts at launch.

The base subscription price is $59 per month, with an additional $7 to $9 per employee per month. Iskender stated the average contract value is approximately $3,000 per month, corresponding to a sweet spot customer size of 300 to 500 employees. Digno offers a permanent free plan for teams of up to five users, which requires no base subscription fee and no per-seat charge. Approximately 10 users were on the free plan at the time of the interview.

Digno, Inc serves 15 customers.

Digno, Inc Business Model

Digno generates revenue through a hybrid subscription model: a $59 per month base fee plus a $7 to $9 per employee per seat charge. The average monthly contract value across its 15 paying customers is approximately $3,000, implying a typical account has roughly 300 to 500 employees. At 15 customers and $3,000 average contract value, monthly revenue is approximately $45,000, consistent with Iskender's confirmed figure.

The platform targets mid-to-large enterprises and scores employees across five behavioral factors using data pulled from existing tools such as ERP systems, Asana, Klaviyo, and Shopify. Cold outreach via LinkedIn automation tools is the primary customer acquisition channel. Profitability was not discussed in the interview. The company spends $10,000 to $20,000 per month on outsourced development through TkXel, whose engineers bill starting at $35 per hour, in addition to carrying 10 full-time employees. Gross margin, churn, LTV, CAC, and burn rate were not discussed.

Point-in-time figures shared on the GetLatka podcast, each linked to the exact moment it was said on camera.

Customers (2022)

15

“Nathan Latka: How many are paying? Mahir Iskender: We have approximately 15 paying customers.”

Watch

Average revenue per user (2022)

$3,000

“Nathan Latka: What does that mean? The average company is what? Paying you a grand a month, $2,000 a month? Mahir Iskender: Approximately, the average is about 3,000 to $5,000.”

Watch

Free users (2022)

10

“Nathan Latka: How many people do you have on the free plan? Mahir Iskender: So we have about 10 people right now [September 2022].”

Watch

Digno, Inc Employees & Team Size

Digno employed 10 full-time staff as of September 2022, comprising four engineers, three marketing team members, and one UX/UI designer, plus Iskender and his wife. The company also maintains an outsourced development relationship with TkXel at a monthly cost of $10,000 to $20,000, supplementing the four in-house engineers.

Digno, Inc employs approximately 4 people as of 2026, up from 3 in 2023. It serves 15 customers that rely on its solutions.

Digno, Inc Team GrowthReported headcount over time03581013202020212022202320240044Source: GetLatka.com interview on Sep 29, 2022 with Mahir Iskender
YearMilestoneSource
2024Reached 4 employees (October 2024)Not recorded
2023Reached 3 employees (December 2023)Not recorded
2022Reached 10 employees (January 2022)Not recorded
2021Reached 1 employees (December 2021)Not recorded

Frequently Asked Questions about Digno, Inc

What is Digno, Inc's revenue?

As of 2024, Digno, Inc generated an estimated $681.5K in annual revenue.

Who founded Digno, Inc?

Digno, Inc was founded by Mahir Iskender.

When was Digno, Inc founded?

Digno, Inc was founded in 2020.

Who is the CEO of Digno, Inc?

The CEO of Digno, Inc is Mahir Iskender.

How many employees does Digno, Inc have?

As of 2024, Digno, Inc had 4 employees.

Where is Digno, Inc headquartered?

Digno, Inc is headquartered in Ashburn, Virginia, United States.

Compare Digno, Inc to the industry

Digno, Inc operates across multiple industries. Browse revenue, funding, and growth data for Digno, Inc in each sector below.

Full Interview Transcripts

How he bootstrapped to $45k MRR in under 6 months for Employee Engagement SaaSSep 29, 2022

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.

Claim this profile