Songstats

How These Friends Bootstrapped A $1M/Year Business Out of Their Love for Music

February 9th, 2023
Oskar Eichler
Founder, Songstats
$145K
revenue/mo
4
Founders
10
Employees
Songstats
from Bali
started April 2020
$145,000
revenue/mo
4
Founders
10
Employees
market size
$24.8B
avg revenue (monthly)
$80.8K
starting costs
$19.4K
gross margin
83%
time to build
300 days
growth channels
Word of mouth
business model
subscription
best tools
Instagram, Twitter, Stripe
time investment
Full time
pros & cons
34 Pros & Cons
tips
4 Tips
Discover what tools recommends to grow your business!
Discover what books Oskar recommends to grow your business!
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Hello! Who are you and what business did you start?

My name is Oskar Eichler, and I'm the CEO and co-founder of Songstats. Songstats is a group of music lovers, ultimate frisbee players, and close friends that came together in Bali, Indonesia with the shared vision of building a cross-platform music data analytics app for artists and record labels.

As a DJ and music producer myself, we built Songstats from the artist level up to present key performance metrics that help further the careers of musicians in a clean and simple design.

Songstats is a SaaS platform that aggregates insights across 14 different music services, including Spotify, Apple Music, YouTube, TikTok, Instagram, Shazam, and more.

Today we have more than 6,000 customers that are subscribed to Songstats to receive actionable insights and power their business, and we're approaching $1 million in annual recurring revenue.

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