Surender Nadarajan
- Co-Founder at Adapt.io
GetLatka interview
How Bootstrapped Adapt.io Reached 200,000 Free Users and a Profit Margin Over 40% (Interview with Surender Nadarajan)
Surender Nadarajan (Co-Founder of Adapt.io) spoke to Nathan Latka on May 23, 2019.
Adapt.io figures from the interview
- Free Users (2019)
- 200,000
- Paid Customers (2019)
- Fewer than 1,000
- Profit Margin (2019)
- Over 40%
- Year-over-Year Growth (2019)
- 4x (300%)
- Team Size (2019)
- 25
“We started Adapt two years ago, as you mentioned, and we had a lot of experience in the data industry, specifically in business information, and we had an idea to give it a twist.”
“We've chosen to stay bootstrapped from day one. So we started generating revenue pretty early from six months into the business. And we have been we have been pretty much cash flow positive. You know, a couple of months later, we became cash flow positive.”
“No, we are very much a profitable company, very much cash flow positive. And we do we do over a 40% of profit.”