Yuval Shtokhamer
- Co-Founder and COO at MiniHotel SaaS
GetLatka interview
How MiniHotel SaaS Hit $1.3M ARR with 1,400 Customers While Staying Bootstrapped Since 2007 (Interview with Co-Founder Yuval Shtokhamer)
Yuval Shtokhamer (Co-Founder and COO of MiniHotel SaaS) spoke to Nathan Latka on August 15, 2023.
MiniHotel SaaS figures from the interview
- ARR (2023)
- $1.3M
- Customers (2023)
- 1,400
- ARPU (2023)
- $85 per month
- Annual Growth (2023)
- 30%
- Gross Churn (2023)
- 3%
“It's a pure SaaS, the classic SaaS for hospitality businesses, mainly low market.”
“Currently, it's around $85 per month. When we started back in 2007, it was higher, you know, and the monthly average price per hotel dropped since then, because we focused more on the low market as we went, you know, as we as we evolved, you know, and more focused because we started in Israel, mainly in Israel and later on in Argentina.”
“Bootstrap $0 since 2007.”
Bio
Started as (and still is) an IT & Cloud Admin Founded MiniHotel SaaS with my dad in 2007 Leading the company operations since 2020 I'm focusing on growth, strategy, but also in the product, and marketing (I'm a generalist) Company pivoted during Covid: migrated into cloud & browser, strategy shifted, bigger YoY, revenue increasing steadily, number of customers rapidly increasing (35-40 clients added per month since January 2022).