TealBook

How Stephany Lapierre Built Tealbook to $6.5M MRR

Stephany Lapierre
Founder, TealBook
$6.5M
revenue/mo
1
Founders
139
Employees
TealBook
from Toronto, ON, Canada
started September 2014
$6,500,000
revenue/mo
1
Founders
139
Employees
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TealBook is the leading Supplier Data Platform that automates the collection, verification, and enrichment of supplier data across any data lake or enterprise system.

Monthly Revenue
$6.5M
Built in
3 days
Score
90 🔥
Founders
1
Employees
139 (est.)
Profitable
Yes
Days To Build
3
Year Started
2014
Customer
B2B

TealBook Revenue

TealBook Growth Timeline
  1. Stephany Lapierre starts the business [source]
  2. TealBook hits $0 in revenue [source]
  3. TealBook hits $5.3M in revenue [source]
  4. TealBook hits $6.5M in revenue [source]
  5. TealBook hits $78M in revenue [source]

Who is Stephany Lapierre?

Stephany Lapierre is the founder and CEO of Tealbook. She is a highly respected supply chain thought leader and an influential figure in emerging data technologies.

She has been recognized as one of the Top 100 Most Influential Women in Supply Chain. Her company, Tealbook, has been named a Top 50 company to watch by Spend Matters and has won the Cool Vendor Award by Gartner.

Before Tealbook, Stephany spent 10 years building a successful strategic sourcing and procurement consulting firm, focusing on large-scale sourcing optimization projects.

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What problem does TealBook solve?

Managing supplier data manually is tedious and limits productivity at the enterprise level. Digitizing the data makes it easily shareable across the organization.

How did Stephany come up with the idea for TealBook?

Stephany was visiting a client who wanted to introduce her to a supplier.

The client grabbed a two-inch-thick binder filled with hundreds of business cards from vendor contacts. She couldn’t remember the name of the company, but she knew she would recognize the card. She spent about ten minutes flipping through each page.

In that moment, Stephany saw an opportunity to create a single source of truth for accurate, harmonized, and refreshed data, giving organizations the information they needed to remain competitive and agile.

What was the growth strategy for TealBook and how did they scale?

The company primarily focused on acquiring customers through direct sales, where they directly approached potential clients. Additionally, they relied heavily on word of mouth as a way to attract new customers.

Furthermore, they made significant investments in search engine optimization (SEO) to improve their online visibility and attract organic traffic. They also dedicated resources to engaging with their audience on social media platforms to expand their reach and connect with potential clients.

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More about TealBook:

Who is the owner of TealBook?

Stephany Lapierre is the founder of TealBook.

When did Stephany Lapierre start TealBook?

2014

What is Stephany Lapierre's net worth?

Stephany Lapierre's business makes an average of $6.5M/month.

How much money has Stephany Lapierre made from TealBook?

Stephany Lapierre started the business in 2014, and currently makes an average of $78M/year.