STRBrain Revenue (2022)

SRT Brain recorded approximately $2,500 in revenue in its first full month of paying customers, which Rabin described as occurring roughly one month before the December 2022 interview. The following month, the company was tracking an expected $8,000 to $10,000, contingent on several brokerage contracts closing.

SRT Brain had 12 paying customers as of December 2022, its first full month of revenue. The customer base included one lender, one brokerage covering 60 agents, and approximately 10 individual monthly subscribers entering their second month. The lender and brokerage together accounted for approximately 60 percent of revenue despite representing only two of the 12 customers.

Individual users can access the platform for free to view property details, with a $10 one-time purchase unlocking the full underwriting report for a single property. The $250 per month subscription plan, which covers 35 reports at an effective rate of approximately $7 per report, is the primary recurring revenue vehicle. Rabin's stated growth target is 2,000 customers, to be pursued through YouTube ads, Google ads, Instagram ads, and a text-message trigger campaign that alerts property listers to run an STR underwriting report at the moment of listing.

SRT Brain operates a hybrid monetization model with three revenue streams. Individual investors can purchase a single-property report for $10 on a one-time basis with no subscription required. A monthly subscription plan priced at $250 per month provides access to 35 reports, reducing the effective cost per report to approximately $7. Enterprise packages are available for brokerages and lenders whose agents or loan officers need recurring underwriting access.

As of December 2022, revenue was split approximately 40 percent from lenders and brokerages, 20 percent from individual one-time reports, and 40 percent from subscriptions. The company had 10 monthly subscribers entering their second month of service. The platform uses a preset 6 percent 30-year fixed mortgage rate in its underwriting model, which users can edit to reflect their actual financing terms. Profitability was not discussed in the interview.

The company's underwriting model incorporates average daily rental rates, projected annual income, furniture costs, platform fees, and other Airbnb-specific operating expenses, all editable by the user. Gross margin, burn rate, runway, LTV, CAC, and churn figures were not discussed in the interview.

SRT Brain operated with a team of three as of December 2022. The team consisted of Nochum Rabin, co-founder Wesley, and a developer based in Italy who was sourced through Wesley's personal network. No additional hires or hiring plans were discussed in the interview.