How Quash CEO Ameer Hamza grew Quash to $550K revenue with a 5 person team in 2025.

quashbugs.com currently helps 20 companies and 250 Engineers identify on average 50 bugs per week which they can then go smash or quash as the URL says the company today is uh seeking 500 000 in a pre-seed round of three million post money valuation that means they want to sell 15 to the company there's three co-founders two others building this so far again the goal now is can they convert these free beta users into real paying customers we'll see if they can do it over the course of the rest of the year hey folks my guest today is Amir Hamza graduating with an interaction design degree from India's top school he first ventured into Honeywell as a product designer after spending two years there leading the design and user strategy for multiple products he launches own product design agency along to his current co-founder picar they built multiple products zero to one for clients in the agency and from there they came together as three co-founders to build quash a platform to make mobile testing faster and easier homes are you ready to take us to the top yes that's right Honeywell you know people think Honeywell they think physical products so just to be clear what do you think mobile testing were you working on like the Honeywell mobile app and that's where you identified this problem uh no uh so Honeywell recently like a couple years back uh came up with their own software Wing where they where their offering is an Enterprise performance solution it's a SAS offering uh it's all uh software focused so Honeywell is going into that that business and that's where I was involved in I was not specifically involved in any mobile applications but I got to got the hang of SAS and B2B products and how they built scratch up because that was a very new vertical for Honeywell so I got that experience there very cool okay so what are I guess give me a customer story today who can you name somebody that's using you uh so uh we have a customer uh riggy riggy is uh uh it's a uh so they make tools for uh content creators uh to match them to uh you know prospective uh deals that they can get that they can advertise using their content so they have a platform for that and they are one of our customers so uh they uh so we uh deployed our POC there uh that was one of the very initial versions that we had created of squash which had very limited capabilities uh but yeah so uh after being deployed there we had a very good response there were some major feature requests that we were getting so that version could the the only thing that that version could do was was light testers you know report bugs directly from the mobile device that they were testing on and then it would just export all of the bugs into a Google sheet uh so then uh after testing that we got some validation from there and they started asking for uh jira Integrations and a dashboard a place to manage all of the bugs that were being so we have right now built all of that and would be uh we would be having a formal version one launch in the coming weeks so are you pre-revenue chair do you have a customer paying you uh we do not have a customer paying us at the moment uh we will be releasing free trials off the V1 of the product in the coming week and we are in deals with some of these companies who are ready to pay us but the first one would of course still be a trial how do you know they're ready to pay you uh we have been talking to them we have uh so they have already been using uh our product whatever uh state it had been up until this point and they are interested in it and we uh how do you know that though um I mean try and use numbers here Hamza so when they're using you did they quash six bucks on average bugs on average per month for the past six months and and that's why you know they're willing to pay I know that the numbers are way higher than that in terms of the bugs being uh reported what's the number so uh an average company an average mobile company reports uh in in India reports uh 50 bucks in a week like that's an average number that we have reached and we um that's for your beta users yes yes okay 50 bugs per week and how many of those bugs do you help them like how many were fixed uh so uh all of them are in fact fake so we do not uh so where we come in is not the the actual task of fixing bugs we our our product helps customers and two ends one is to report the bugs easily and then uh the second uh value proposition that we have is for the developers who need to fix the bugs so we make sure that the tickets that they're getting from the bugs being reported are very comprehensive in terms of that the the session recordings of where the apps crash and the the logs the exact logs of the crash that the developer needs in order to understood and how many times how many of these how I don't mean to cut you off but it's a quick show so I apologize for that how many beta users do you have on the platform today uh 20 customers okay so 20 of those 20 users on average reported 50 bugs last week each uh not 20 users 20 companies using our product uh the number of users would be somewhere around 250. okay so 20 companies with 250 users they reported on average 50 bugs per company last week uh yes okay and when did you launch the beta program what month uh two months back so that would be uh July uh and when did you guys write the first line of code for the platform uh the first line of code was written back in March uh so uh um my other co-founder ayush had been working on uh building this uh individually in his own capacity for like some time now uh because uh our application is also an SDK it's not like something that is like very easy to build and it it takes them some some time and some expertise in terms of knowing Android or iOS and like the the base codes of these uh platforms so uh it has been in the works since March but we launched the beta a couple of months back oh what's going on there YouTube good to see you guys now imagine this you love watching these interviews with SAS Founders but imagine if we took all of the valuation data out from over 2807 interviews I've done manually saves you a lot of time well we've done this we've built the into the beautiful interface inside of founder path check this out I'll show you how you can access this in a second but you log in you connect your stripe account you see your valuation real time you can see what it changed over the past 88 days and even set goals for evaluation this year now the secret valuation is there's many different ways to value a SAS business so the reason you're going to see three or four different evaluations inside of your founder path dashboard this is all free by the way is because depending on who's doing the buying of your SAS company you're going to get a different valuation a VC is going to pay a different valuation private Equity Firm is different if you're going to do a minority sale that's different and if you sell the whole business that's a different valuation you can see all those when I hover over here here right so the teal is what a VC would pay yellow is what private equity and red is if you sold the whole thing outright now what's cool about this is this is not built off random data again you guys hear these interviews on YouTube all these datas are built from real-time valuation data points Founders share with us on the show so traction 1.2 million seed round 3.7 raise they sold 22 percent of their business go in here and filter by the event maybe you only want to see companies that have sold the whole business well here are a bunch that have been acquired the valuation and the multiple maybe you're going out right now and you're raising your seed round well go in here and look at all this recent seed deals that went down what they raised what valuation they raised at and what percent that they sold there's never been a larger data set of SAS valuation than what you can get now inside of founder path and we're thrilled to bring it to you all right we're gonna go back to the YouTube video here in a second but if you want to check this tool out if you want to jump in and sign up you can check it out for free to get your valuation at this link this link founderpath.com forward slash products forward slash evaluations or if you go to founderpath.com and hover over products click on get your evaluation here and go ahead and sign up to give it a whirl again all that valuation data live right inside the platform I hope to see you there all right let's jump back into the interview so since you worked on it before you is it fair to say he owns more Equity than you do or did you guys split at 50 50. uh could you repeat the question who owns more equity uh he does he does how did you guys have that conversation uh so he uh had been like we had known him for some time like uh the the agency you mentioned about in the bio that I had written for you rather and I were primarily the the two main founders of the agency but I wish the third co-founder he is from a technical background so we would often call him in for some of the development work that we required and then he approached us with this idea that he was working on...