AI Video HeyGen trending at $18M ARR
Canva at $2B ARR growing 50%+ and more...
Hey everyone, welcome to Signal, a hand-curated newsletter about startups and venture capital industries that matter, here are today’s Top picks:
The trending startup grew from $1M ARR to $18M ARR in less than 9 months.
Two Maga startups growing ~50% to reach $2B ARR.
Five bootstrap businesses have an ARR from $600K to $6M respectively, with just one person or a small team.
Trending
1. HeyGen at $18M ARR
HeyGen is an AI-powered video creation app, launched last September.
Reached at $1M ARR in March after 7 months of launching.
Grew from $1M ARR to $18M ARR within a year, while reaching $10M in October.
Maga Hit
2. Canva at $2B ARR
An Australia-based online graphic design platform that is used to create social media graphics and presentations.
Reached a new milestone at $2B ARR, growing at 50%+ YoY, and positive cash flow.
3. Databricks nearly $2B ARR
Databricks is a cloud-based data processing platform that provides a unified analytics platform for data engineers, data scientists, and business analysts.
Almost reaching a $2B ARR, with a growing ~50%.
Bootstrapping
4. Carrd at $1.2M ARR
Carrd is a website builder platform that allows users to create simple, one-page websites.
Earning $1.2M ARR, home to 4 million plus sites created by some 2.6 million users.
Growing by 10k sites daily with a 2-person team(There is a 3 now).
5. GirlfriendGPT at $500K ARR
GirlfriendGPT is an AI companion Chatroom where you can Discover, Connect, and Build Relationships with Your AI Friends.
Reached at $500K ARR just months launch, which is fully bootstrapped by one person team.