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Stas Kulesh

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How Karmabot Reached $35K MRR with 350 Paying Teams While Staying Bootstrapped (Interview with Co-Founder Stas Kulesh)

Stas Kulesh (Co-Founder of Karmabot) spoke to Nathan Latka on August 25, 2021.

Karmabot figures from the interview

Monthly Revenue (2021)
$35,000
Paying Customers (2021)
350 teams
ARPU (2021)
$100 per month
Gross Churn (2021)
2.8%
Team Size (2021)
5 people
“We've got a freemium solution. Altogether, I think it's more than 3,000, but 350 of them are paying. That's teams, 350 teams.”
“Fortunately, it's word-of-mouth because product market fit is 84% and NPS score stands in around 80 ish. We're kind of a happy product for happy people, so they talk about it.”
“It's really hard to maintain a healthy people culture in a remote company. Karma is one of those tools that helps companies to appreciate each other more, to record this praise, to convert that praise into rewards, and so on. We automate one on ones. We do all sorts of things to keep this remote people culture healthy.”

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Bio

Hey, I’m Stas Kulesh. I grew up in Siberia, studied Computer Science and Nuclear Physics, played in a band, got excited by the indie-games making and left the uni to become a digital designer. Since then, for years I’ve been working remotely, traveling and blogging. Ended up settling in New Zealand and starting Karma.

Company

Karmabot

New Zealand · Founded 2016

Revenue
$750.6K
Team size
5
Customers
350

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