Business Intelligence Software
Shipyard App is a low-code data workflow automation platform founded in 2020 and headquartered in Austin, Texas. The company helps data teams launch, monitor, and share automated workflows, enabling bulk data movement between systems such as Snowflake and Google Sheets, data alerting, and machine learning model deployment. Shipyard operates under Momentum, a holding company that grew out of PMG Digital Agency, where the technology was originally developed internally before being spun out as a standalone product.
As of mid-2023, Shipyard reported approximately $12,000 in monthly recurring revenue, derived from 30 paying customers at a median contract value of roughly $400 per month. The platform has attracted 1,600 total users across its free and paid tiers. The company is entirely bootstrapped from an external capital standpoint, with operational financing provided through its parent entity Momentum rather than venture capital.
Blake Burch, co-founder and CEO, leads a 12-person team and has emphasized organic SEO and a freemium model as the primary customer acquisition strategies. Monthly gross churn stands at approximately 1%, and existing accounts are expanding usage at a rate of 10 to 15 percent per month on a usage-based pricing model.
