TeamSupport Revenue & Funding (2026)

TeamSupport Revenue Revealed

$10M–$25M ARR (No Paid Marketing) - YouTube

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//www.youtube.com/watch?v=dO3WhWVTLXI

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(00:00) If somebody in this customer support space came to you and offered 175 million bucks all cash, would you take that to your board and level and recommend that you do the deal? >> Yes, we would absolutely. >> What's the largest customer paying you per year today? >> It is a seven figured low seven figure deal is what they're paying us. (00:16) >> How many customers are you serving today? >> We've got over a,000 today. >> If I take your,000 customers times that $10,000 ACD, that puts you about 10 million bucks of revenue. You're saying you're north of that today? >> We are north of that. Yeah. Let's say that we're we're less than 25, way more than 10. (00:30) How about that? So, how many folks registered and how many showed up? >> I want to say that we had about 400 registered and about 300 showed up. >> Hey folks, my guest today is Grant Stannis. He is the CEO of Team Support, which helps you turn conversations into revenue, specifically support tickets. Grant, you ready to take us to the top? >> Let's go, buddy. (00:45) >> Okay. Interesting. So, we'll want to obviously get the full story, but let's not we want to make sure we get the audience into the product before we dive too deep on the story. What is Team Support selling today? What's the product? >> Yeah. So we provide to you sort of a a B to a B2B ticketing solution as it relates specifically to uh your support conversations. (01:04) And so think about it as you have an interaction you record that the ticket happens. It might be how do I do something in a software it could be a bug but our big thing is that ticketing is a commodity and there you can go and find 40 different solutions of everything that's out there in ticketing. What we do differently is we want to take your support conversations and drive that into better retention and upsell opportunities for you. (01:25) And so what we do is we take that first party data of your support and we turn it into actionable items for you to improve upon in your business. >> So who are you mainly selling this to since you help drive revenue but it's a support function? Are you selling to the CRO or the head of customer support or both? >> Yeah, so it's usually the head of customer support. (01:43) um most often it is when somebody wants to really create a good linkage between support and product is where we find ourselves to be really great. If you think about CS and small and mediumsiz software businesses the key aspect of that right is to retain and to grow your customers and so a lot of CS folks are doing the upsells and it's where this really comes in handy from that perspective. (02:00) >> How many customers are you serving today? >> We've got over a thousand today. >> So don't obviously name them but when you look at your fastest growing customers how are they incentivizing CS teams? In other words, are they taking a million-doll book of business in 2025 and giving it to one CS rep and saying, "Turn this into 1. (02:16) 2 million for 120% net dollar retention, and if you do that, you'll get a 5% commission on the extra expansion for the CS rep." Or how are they actually structuring it? >> Yeah, it's it's a good question. So, our the way that our like and and I'll tell you how like we do it because this is exactly how we recommend to our you know, our clients to do it is you're going to use the signals that customers are doing. (02:34) Nobody wants those anymore, right? >> Interesting. Okay. And I want to get some of the backstory here in terms of Right. Will you join 2024 then for today? Then talk about AI into the future. Uh before we do that though, get my audience in the right realm in terms of what you're charging customers on average per month. >> Yeah. (02:50) So we on on average I think per user today uh it's a little bit less than is I think it's like $79 if you want our topend package give or take. >> Um and what that comes with actually I take that back. It's $99 with AI but the aspect is and that's per user right. So we do a we're doing AI differently than some of our competitors. (03:06) So we're not trying to do it on session base. We're not trying to do it on a volume based. What we're trying to say to you is like, hey, get your users to be better and more efficient and really drive what you're doing, go deeper within the organization and spread that AI across the board. And part of that aspect is that we sell to a lot of small and medium-siz businesses. (03:23) And so, as a result of that, they're not trying like the enterprise customers to say, "Hey, I got 3,000 support reps. I want to take this down to 2500 next year." Right? If you're a growing SAS organization, what you're saying is, "I got 10 support reps and I don't want to add an 11th next year. (03:38) What I will add is more experience and more costs. I've got five CS reps. CS is like our number two users in our platform, right? Like how do you drive those from a different perspective? And so that's what we're trying to do with our our price volume. And so on average, we're picking up the the support, the CS as well as uh probably some of the product folks in some cases the finance team as well is in our organizations. (03:57) >> So just to make sure I understand the average customer today is paying you a h 100red bucks a month or user. Yeah. The average customer is paying us well over $10,000 >> per year. >> Yeah. Exactly. >> Okay. So, what's that average team size? Typically, people are signing for like what? 10 seats, 50, 100 seat average. (04:11) >> Yeah. Give or take. Yeah. >> Interesting. Okay. I mean, can I take a thousand paying customers times that $10,000 ACV to kind of back into your revenue? >> You would short change us, but uh it is a way, you know, we we have um that that is kind of our new logo. One of the things and again this goes to the value of our software is we're really great at bringing customers in and say for example bringing them in at a $10,000 and then two to three years from now them being sort of 20 $30,000 from their perspectives. And so our top like if you (04:41) go look at our top customers one of the big things that we've done is we've taken them from the 10 $15,000 customers to several hundred,000 across the board from their perspectives. >> So what's the don't name the customer logo Ali but what's the largest customer paying you per year today? Uh it is a seven figured low seven figure deal is what they're paying us. Yeah. (04:59) >> Wow. Yeah. >> Wow. Okay. That's a big team. Okay. So, just to be clear, you said I'd quote short change you. If I take your thousand customers times that $10,000, that put you at about 10 million bucks of revenue. You're saying you're north of that today. >> We are north of that. Yeah. We we don't really, you know, being a private equity back company, we don't really disclose all of our metrics. (05:16) But what I can tell you is is that uh that is let's say that we're we're less than 25, way more than 10. How about that? >> Okay. I love that. Thanks for being as transparent as you could there. Let's talk more about that. That's a new element to the story of private equity. So the company got going in 2008. You joined in 2024. (05:31) Did the private equity firm make you like basically place you into the company? >> They they did not. I came in so in 2019. So the the private equity firm actually bought this business in 2018. Um and then the founder kind of transitioned to the board role in 20 I want to say it was around 2020. Um, and we had another CEO who was in the role before me between 2020 and 2024 when I came on. (05:53) >> Okay. Okay. Interesting. And so that that deal in 2018 by private which private equity firm was that? >> Level Equity. Uh, >> okay. Okay. Great. Okay. Interesting. So, got it. So, that deal happened in uh in 2018. And just to be so sorry, just to be clear, they bought a majority stake. >> They did. Yes. (06:10) They're they're the the vast majority owner. Yeah. Exactly. >> Okay. and give me more about your background. Before you joined this business in 2024, what were you doing? >> Yeah, so I I started, ironically, I always tell people I started my first career in politics before I got some good advice from one of the comp trollers here in the state of Texas that if I wanted to make money and not go to jail that I needed to get the hell out of politics. (06:30) So good good business, great companies that we just needed to come in and took it kind of from, you know, 3% to 30% growth in a very short period of time. And then you know here at team support right again like we're going through this really crazy AI transition transaction world right and support and it's been a really fun journey to go through um with what we've been working on. (06:51) And so that's been a really fun lead. One of the things you'll hear about my story and I'm very different than sort of some founders is I'm a firm believer in profitable growth. And so we don't take on you know debt or capital to go raise to go drive you know uh incremental growth in the business. (07:10) What we do is we source funded ourselves through our customers of growing them time and time again from that perspective. >> Guys remember I am not just a YouTuber. I'm investing into my third fund. We've deployed $250 million into 550 software companies so far again at founderpath.com. If you're interested in capital, I would love to cut you a check because I know you're investing in your education. You watch my show. (07:30) So, sign up at founderpath.com and when you get the onboarding email, I reply and I see all those. Just reply and say, "Nathan, I found you through YouTube and I'll make sure to prioritize you. I would love to cut you a check. Check out founderpath.com." >> Mhm. Really interesting. What you're going to have them base, you're going to have your bonus, but that equity slug is really based upon the value that you create. (07:50) Now some folks will structure it too and differently which is I don't want to give you transactions so I'm going to give you a transaction bonus. The problem with transaction bonus is you don't get the really great tax activities associated with you know like a profits interest or you know sort of the the options and different pieces and I really want to run a business. (08:05) I don't want to just take you through a moment in time if that makes sense. >> It does. Take me back to your last board meeting. What was the most uncomfortable thing you had to disclose to level equity at that board meeting? Yeah, I mean we lost probably what would have been one of our, you know, it was a top 10 customer of ours, right? And it's one in which you sit there and you think about just crazy and you're like, how do I frame this? Like I've got to take ownership as the CEO. (08:31) I've got to like show them that there's positivity in the business and that this is a one-off. And you know what Levelville said to me that was really great was this happens to every great CEO. Thanks for telling me. We know that this was a hard message. Now, what are you gonna do to go recover that revenue? Right now, I've been through this once or twice before, so I knew that that like that I had that answer ready of like, hey, here's how we're going to go get that revenue. (08:54) But that is something where people like really struggle with the pees. They're going to like bury the news in the headline or they're not going to take accountability. They're going to blame somebody else. And the box starts with you, right? Like, and it's at the end of the day. Like, I wasn't the person. I wasn't the CSM on that account. (09:10) I'm not our chief revenue officer, but I am the CEO of this business and we lost a customer and I had to go have that conversation with the board. Right. >> Interesting. Take us inside that same board meeting. You know, that was the probably the Q4 2025 meeting. We're doing this interview in January of 2026. You know, you're obviously now working for Level Equity. (09:28) What is the objective they are trying to hit? You know, what is the hold time they have for this? Is it a part of a fund that's maturing in 3 years? So, they want you to exit it by 2028. Um, and if so, like what kinds of leading indicators are they looking for for you over the next 12 to 24 months in terms of rule of 40, what percent is profit versus growth, things like that? >> Yeah. (09:47) I mean, so every company, and this is what's great about investors, if they're a larger fund, they're probably going to be looking at like two types, right? Depending upon how big the deal is. And >> well, so Level would be happy with a two-time outcome here. >> Uh, I mean, Level I don't think Level would be happy with a two-time outcome at all, right? uh you know levels notorious and if you listen to to Ben and Sarah talk about it there is a very consistent number that they you try to achieve right I know what numbers are going to fly and what numbers are not (10:10) going to fly with them because we had that level setting and it's not always don't get me wrong there is a negotiation that happens between you and your board right cuz there's application there's everything else that happens but like if you have that alignment your board meetings are way better if that makes sense right >> you're coming in I mean tell me if I'm wrong here you're coming in though to a high pressure situation. (10:31) Levelville bought the company in 2018. You said it yourself. They're in the moving business at the storage business. This company's been in quote storage six years when you joined and now sort of seven eight years now today. You got to get into the moving business here at some point. I mean, if I'm reading my teards correctly, you really came in as the CEO to go sell this company in the next 12 to 24 months. (10:50) >> Look, I I've had several successful exits in my career at different stages, right? Um what I will say is um you know we will at some point in time there will be a transaction and yes most of the situations I walk into are extraordinarily highressured because of one situation or another right and that's that's my mo as as a CEO and what I've built my career upon did M&A for 10 years if you want high pressure go go do that for a long time right but you're absolutely right there will be an event and it will be coming up the one thing I (11:22) will say about Level is that they are so notoriously awesome about they take a very different approach than some private equities that I've worked with. Some of them to your exact point will be at a certain date and time we will sell because that's what this fund requires us to do. (11:37) Level is very creative because they do what's best for their investors and the company and the customers and the employees and I couldn't speak more highly of them because exactly that perspective that they've got. So yes, the pressure is on me to perform. The date is to be determined if you will. Yep. (11:53) You're between 10 and 25 million of AR today. If somebody in this customer support space came to you and offered 175 million bucks all cash, right, to you via email, would you take that to your board and level and recommend that you do the deal? >> Uh, yes, we would. Absolutely. Right. I mean, that's a great return. >> It's it's a great return for anybody. (12:11) I mean, even even at like, think of it like this uh 175 by 20, right? That's an 8.75x multiple. That is a great return for a private equity to get 875 like take it in a heartbeat. >> Yep. Yep. Interesting. And so there's no So the counter to this is it'd be very stupid not to ask me have me ask you questions about how you grow these companies. (12:31) We've talked a lot about sort of intricacies of private equity and why you joined as professional CEO. But how how are you adding customers this month in January of of 2026? I tried to find a digital footprint. You have some SEO traffic here, but not a ton. Like you're driving most of the growth. >> Uh we go ask our customers. We our customers are a cult following. (12:48) One of the things that like we found especially in these big spaces like this in crowded spaces is like I could go spend a ton of money on SEO but Zen and Fresh are going to spend a hundred times more than I could even possibly spend in a month. So what we do is we do an old school philosophy of we mapped out our customers. (13:06) We know who they're friends with and what they go do and we go and we say to them, "Hey, can you make an introduction for me? And by the way, we'll give you, you know, like a discount on your renewal as a result of that." We don't and again like this is us being thrifty. We go we'll send one or two folks. I spoke at the last support driven um we'll probably send a speaker at a later date but we go and we talk and we create communities. (13:27) They've got a Slack community where people ask questions. How do I do the following? And we go and we chase those and it's not necessarily about trying to that's how we build brand awareness rather than advertising. We spend it by creating communities. The other thing that we'll do is we'll do you know um our webinars aren't about hey how can you really understand team support right it's really about how can you be a better customer support professional and how can you drive more from it get yourself a seat at the table and that's what we (13:54) do >> so what do you consider a a winning webinar I'm trying to find a recording one of your webinars on your site but what do you consider a webinar that works really well for you >> so we had one like from a from a goto market perspective we had one recently with a woman named Donna Weber Donna Weber is an onboarding specialist and she's got a cult following of people and so it was kind of a cross-promotional deal. (14:14) She got to come on and talk about her capabilities in front of an audience that could potentially buy from her. She brought her audience to team sport event that could potentially buy that we could potentially buy from them. And so for both of us, we invested some time and basically cross advertising and it's a really cheap way in a very crowded space to let people know who you are. (14:31) >> So how many folks registered and how many showed up? >> I want to say that we had about 400 registered and about 300 showed up give or take. >> Okay. That feels pretty good. Did do you try and close people live on that call or what's the outcome? How do you know if it was good? >> We will follow up with them and so we got a few leads from our perspective. (14:46) Obviously I you know Donna's probably going to do her own from her own perspective. Um but you know from ours we actually got a decent amount that would probably be about a month or two of bookings if they convert. >> Very cool. All right. I I just realized we're 3 minutes over. I I want to be a step of your time. (15:00) So let's wrap up here. Grant, if people want to learn more about you, where can they find you online? >> Yeah, go check us out attemport.com. Check me out on LinkedIn. Grant Stannis. Uh we'd love to hear more about you. Come talk to us. We don't have to sell you anything. We just want to evangelize about how to be a great support person. (15:13) >> Has a great story today. Launched in 2008 with three co-founders. Ultimately in 2018, Level Equity came in. Great firm combination of equity plus debt. Bought the business. In 2020, the founders moved to the board. And in 2024, Grant came in as a CEO. He's worked at companies backed by Excel, KKR, other massive private equity firms. (15:30) You know, these kinds of professional CEOs like Grant are looking for 2 to six% sort of equity slugs base plus bonus. And ultimately it's coming in going how do we grow this thing? Some combination of rule of 40. Well today in 2026 team support is supporting over a thousand customers. Users are paying 99 bucks a month but customers are paying call $10,000 ACV. (15:49) So call between 10 and 25 million bucks of AR with the largest customers paying upwards of seven figures to use the tool. He'll continue to scale. We'll see what happens next. Check them out at teamsupport.com. Grant, thanks for taking us this. >> Thanks Ian. >> You won't believe this CEO's revenue. Click here to watch the next episode right now.