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Valuation

$20K

2021 Revenue

$4.6K

Customers

26

Avg ACV

$178

Team

1

Founded

2019

reporty.app Revenue & Valuation (2021)

reporty.app generated $4.6K in revenue in 2021.

Reporty.app is a Shopify application that delivers automated order and purchase notifications and reports to merchants via Slack, with planned expansion into WhatsApp, SMS, and email channels. The app was acquired in May 2021 through MicroAcquire by Leibel Hecht, a 29-year-old tech lead who paid $20,000 for the property as a deliberate learning exercise in SaaS business operations and marketing.

At the time of acquisition, the app had 454 free users and 26 paid subscribers generating $375 in monthly recurring revenue, implying roughly $4,000 in annualized recurring revenue and an acquisition multiple of approximately 5x ARR. Within one week of closing, MRR had ticked up to $385 as one new paid user joined, bringing the paid count to 27.

Hecht, who holds a full-time role as a tech lead at ProDedge, describes the acquisition explicitly as a "mini MBA" rather than a primary income source. His near-term target is $2,000 MRR, at which point he has considered flipping the asset for three to four times that figure. Growth plans center on cold outreach to existing free users, soliciting reviews on the Shopify App Store, and expanding the notification channel set beyond Slack.

Last updated

reporty.app Revenue

reporty.app generated $4.6K in revenue in 2021.

Reporty.app generated $375 in monthly recurring revenue at the moment Leibel Hecht closed the acquisition in May 2021, implying an annualized run rate of roughly $4,000. Within one week of the handover, MRR had risen to $385 following the addition of one new paid subscriber.

reporty.app Revenue GrowthReported revenue / ARR over time$0$1K$2K$3K$4K$5K201920202021$0$4.6KSource: GetLatka.com
YearMilestoneSource
2021reporty.app Hit $4.6k revenue in May 2021Watch[1]
2019Launched with $0 revenue

Hecht's stated near-term target is $2,000 MRR, which he described as the threshold at which he would consider selling the asset for three to four times that figure. Revenue growth strategy centers on direct cold outreach to the 454 free users to convert them to paid plans, soliciting Shopify App Store reviews to improve organic placement, and broadening the product beyond Slack notifications to capture additional paying use cases.

reporty.app Valuation, Funding Rounds

reporty.app reached a $20K valuation in 2021, set during its M&A Offer round.

reporty.app Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$5K$0.2$10K$0.4$15K$0.6$20K$0.8$25K$1201920202021$20KSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2021M&A Offer-$20K-Not recorded

Founder / CEO

Leibel Hecht

CEO

Leibel Hecht, 29 at the time of the interview, is the owner and operator of Reporty.app. By day he serves as a tech lead at ProDedge, where he also manages a team in addition to writing code. He describes his background as broader than a typical engineering role, with active interest in business, investing, and people management.

Before acquiring Reporty.app, Hecht experimented with several side projects including an SMS-based tipping application and an automated deal aggregator, neither of which he brought to market. He discovered MicroAcquire through Product Hunt and chose to acquire rather than build from scratch, citing the difficulty of taking a product from zero to one and his desire to compress the learning curve on the business and marketing sides of SaaS. He is married with two children and was 29 years old at the time of the interview. Net worth was not discussed.

Q&A

QuestionAnswer
What's your age?32

Customers

At the time of acquisition, Reporty.app had 454 free users and 26 paid subscribers. One additional paid user joined within the first week, bringing the paid count to 27. The average revenue per user across the paid base was approximately $15 per month, as noted by the host and not disputed by Hecht, producing the $375 MRR figure Hecht confirmed.

Hecht's conversion strategy focuses on personal email outreach to free users at a pace of roughly 10 emails per day, soliciting reviews and gathering feature feedback. He is also evaluating a metered billing model and a 14-day free trial structure to accelerate free-to-paid conversion, though neither had been implemented at the time of the interview.

reporty.app serves 26 customers.

reporty.app Business Model

Reporty.app operates as a subscription SaaS product sold through the Shopify App Store. Paid subscribers pay approximately $15 per month, yielding $375 MRR across 26 paying accounts at acquisition. The app age at acquisition was roughly 1.5 years, and the purchase price of $20,000 represented approximately 5x the implied ARR of $4,000.

Hecht acquired the asset for $20,000 all-cash, meaning he needs to grow MRR substantially to recoup his investment. His stated flip target of $2,000 MRR at a 3x to 4x multiple would imply a sale price of $72,000 to $96,000 on an annualized basis. Profitability was not discussed in the interview beyond the implicit observation that the app carries minimal operating costs as a solo-operated Shopify integration. Churn, gross margin, CAC, LTV, 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.

Free users (2021)

454

“Leibel Hecht: Total of 454 free users, 27 paid users, sorry, 26 paid users. We have one new paid user since last week.”

Watch

reporty.app Employees & Team Size

Reporty.app has no employees. Leibel Hecht operates the app alone as a nights-and-weekends project alongside his full-time role at ProDedge. He indicated he was undecided at the time of the interview about whether to hire a freelance marketer or keep the project a one-person operation.

reporty.app employs approximately 1 people as of 2026. It serves 26 customers that rely on its solutions.

reporty.app Team GrowthReported headcount over time0011112019202020210011Source: GetLatka.com
YearMilestoneSource
2021Reached 1 employees (May 2021)Not recorded

Frequently Asked Questions about reporty.app

Who owns reporty.app?

reporty.app is owned by Freeman Labs, which acquired it.

What is reporty.app's revenue?

As of 2021, reporty.app generated $4.6K in revenue.

Who founded reporty.app?

reporty.app was founded by Leibel Hecht.

When was reporty.app founded?

reporty.app was founded in 2019.

How many employees does reporty.app have?

As of 2021, reporty.app had 1 employees.

Where is reporty.app headquartered?

reporty.app is headquartered in United States.

Compare reporty.app to the industry

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

Full Interview Transcripts

How This 29 Year Old Bought a Micro-SaaS for $20k To Save TimeMay 4, 2021

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.

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