Splynx

How We Built A SaaS Solution And Grew It To $3M ARR

December 22nd, 2022
Alex Vishnyakov
Founder, Splynx
$250K
revenue/mo
4
Founders
50
Employees
Splynx
from Prague, Czechia
started March 2016
$250,000
revenue/mo
4
Founders
50
Employees
market size
$4B
avg revenue (monthly)
$101K
starting costs
$18K
gross margin
90%
time to build
270 days
growth channels
SEO
business model
subscription
best tools
Xero, ClickUp, Serpstat
time investment
Full time
pros & cons
40 Pros & Cons
tips
2 Tips
Discover what tools recommends to grow your business!
social media
accounting
productivity
other
Discover what books Alex recommends to grow your business!
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Hello. Who are you and what business did you start?

I’m Alex Vishnyakov, CEO and one of the Splynx founders. Splynx is a company that develops and sells its product with the same name Splynx – its SAAS solution for Internet and Voice providers. Our software provides features such as billing, payment collections, integration with accounting platforms, network management, ticketing, and CRM system.

Our customers are small and medium-size ISPs (Internet service providers) worldwide. At the moment our product is used by 750 companies in 50 different countries. Majority of our clients are from English speaking countries such as South Africa, the UK, New Zealand, and Australia. During 2022 we have been getting more clients from the United States. Our ARR is around 3 million USD so far with 50% annual growth. We work on a subscription basis, our ARPU is 320 USD per month.

We have 4 offices with 50 employees today. Headquarters is located in Prague, the second office is in Barcelona, where I live, the support team is in Johannesburg, South Africa and part of our team is in Ukraine. Company was founded in March 2016 by 4 founders – me as a CEO, my long-term partner who became CTO, our first developer who is now head of...

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