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How Drillbit CEO Alexander Seutin grew Drillbit to $1.1M revenue with a 10 person team in 2025.

Residential contractors are drowning in office work that has nothing to do with their core business. Drillbit automates all of it so that they can get back to the real work. We use AI receptionists and an LLM based quoting tool on top of our own CRM to entirely manage jobs from lead, to quote, to scheduling, to staffing, and even collecting payment.

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Drillbit Revenue

In 2025, Drillbit's revenue reached $1.1M. Since its launch in 2023, Drillbit has shown consistent revenue growth.

Drillbit Revenue GrowthReported revenue / ARR by year$0$250K$500K$750K$1M$1M202320242025$0$1MSource: GetLatka.com
YearMilestone
2025Drillbit Hit $1.1m revenue in September 2025
2023Launched with $0 revenue

Drillbit Valuation, Funding Rounds

Drillbit's most recent disclosed valuation is $3.3M.

Drillbit is a bootstrapped Conversational Intelligence Software startup. Founded in 2023, Drillbit has grown to $1.1M in revenue without raising any venture capital or outside funding.

As a self-funded Conversational Intelligence Software SaaS company, Drillbit has built its business with no outside investment.

Drillbit Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120232023 cumulative: $0 • 2023 Founded: $02023 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Drillbit Employees & Team Size

Drillbit employs approximately 10 people as of 2026.

Drillbit has 10 total employees in different roles and functions.

Drillbit Team GrowthReported headcount over time03581013202320242025001010Source: GetLatka.com
YearMilestone
2025Reached 10 employees (May 2025)

Founder / CEO

Alexander Seutin

Alexander Seutin is listed as Founder / CEO at Drillbit.

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Customers

We do not have customer count information for Drillbit yet.

Frequently Asked Questions about Drillbit

What is Drillbit's revenue?

Drillbit generates $1.1M in revenue.

Who founded Drillbit?

Drillbit was founded by Alexander Seutin.

Who is the CEO of Drillbit?

The CEO of Drillbit is Alexander Seutin.

How much funding does Drillbit have?

Drillbit raised $0.

How many employees does Drillbit have?

Drillbit has 10 employees.

Where is Drillbit headquarters?

Drillbit is headquartered in Austin, United States.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .