Ryan Salerno
- Co-Founder and CTO at Chimney
GetLatka interview
How Chimney Reached $300K Revenue and 60 Bank Customers with a $7M Valuation Cap (Interview with Co-Founder and CTO Ryan Salerno)
Ryan Salerno (Co-Founder and CTO of Chimney) spoke to Nathan Latka on April 13, 2022.
Chimney figures from the interview
- Revenue (bootstrapped) (2021)
- $300K
- Customers (2022)
- 60
- Valuation Cap (2021)
- $7M
- Seed Round (2021)
- $1.3M
- Team Size (2022)
- 9
“So we launched so we have two products. The first product we launched with our financial calculators that are embedded on bank websites. So when people have questions like how much home can I afford? Should I rent or should I buy? What are my retirement savings going to be? We have calculators that go on bank websites that help answer those questions.”
“after working with maybe 60 different financial institutions, then looking at the data, the data was screaming at us: mortgage, mortgage, mortgage, mortgage.”
“Per year, it's like 7,000 per year for the calculators.”
Bio
Ryan is the CTO and one of three cofounders at Chimney. Prior to Chimney, he was a self employed developer building a variety of projects scheming to turn one of them into a viable, recurring revenue earning business. He taught coding classes at General Assembly, and before that worked at NewsCred, where he met his wife... and cofounders.