VidBoard Revenue (2024)

VidBoard reported approximately $20,000 in monthly recurring revenue as of September 2022, derived entirely from 10 business-to-business customers each paying roughly $2,000 per month. Annualized, that run rate equates to approximately $240,000 per year. Madhavan confirmed to Latka that the company had no revenue a year prior, making 2022 the first year of meaningful commercial activity.

VidBoard had 10 business-to-business customers as of September 2022, each paying approximately $2,000 per month. The platform also serves a small number of business-to-consumer users at $50 to $75 per month per seat. The company operates on an invite-only basis, selecting users from a waitlist of roughly 1,500 sign-ups generated primarily through its Product Hunt launch and associated social media activity.

Enhelion, an online legal education platform, is the company's named anchor customer and first user. Madhavan told Latka that customers in the edtech and legal education space use VidBoard to produce multilingual video content at scale by entering educational scripts and generating avatar-led videos, eliminating the need for studio production. The company is not yet broadly open to the public, and customer selection is based on the ability to provide substantive product feedback.

VidBoard generates revenue through two pricing tiers. Business-to-business clients are charged approximately $2,000 per month, while business-to-consumer users pay between $50 and $75 per month. As of September 2022, the company's 10 business-to-business customers account for the substantial majority of revenue, with consumer revenue estimated by the host at $1,000 to $2,000 per month, a characterization Madhavan did not dispute.

The company is bootstrapped and has not disclosed profitability, burn rate, gross margin, churn, or customer acquisition cost. Those metrics were not discussed in the interview. Madhavan indicated the business is pre-scale and that the product will not be fully ready for an all-in business-to-business push for approximately six months from the interview date, pointing to a mid-2023 inflection. The platform supports 125 languages, which Madhavan cited as a core differentiator enabling customers to produce multilingual content without additional production cost.

VidBoard's go-to-market approach has combined cold outreach into Madhavan's existing legal education network and a Product Hunt launch that generated 426 upvotes and approximately 1,500 total sign-ups during launch week, including traffic from LinkedIn and other social platforms.

VidBoard had seven team members as of September 2022, including three engineers. Madhavan noted that he and his technical co-founder represent the core founding team, and that the company intends to use its planned $650,000 fundraise to hire additional AI research scientists. No further breakdown of team composition by function was provided in the interview.