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Rory Codrington

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How Trust Keith Hit $1M ARR and 80% Gross Margin with 50 Customers (Interview with CEO Rory Codrington)

Rory Codrington (Founder and CEO of Trust Keith) gave a talk on March 17, 2023.

Trust Keith figures from the talk

ARR (Q1 2023)
$1M
Customers (2023)
50
Avg Contract Value (2023)
$23,000 per year
Team Size (March 2023)
12
“We are as of this quarter, we're north of $1,000,000 of annual recurring revenue. It's been a real slog to get there, as you can kind of see here. To give you context, our average customer value is around sort of $23,000 per year”
“We're a team of 12. It's all bootstrapped. It's been very leanly done.”
“gross margin is ultimately a quantifiable metric of efficiency. And in something like SaaS software, it's all about efficiency and like scalability.”

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Company

Trust Keith

London, United Kingdom · Founded 2019

Revenue
$1.4M
Team size
10
Customers
50

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