Kaeda
← All shelves

Still here after 15 years

Founded 2011 or earlier and still running. Survival is a fact; hype is not.

35 teardowns · $1M–$10M
HiddenLevers
Atlanta fintech - bootstrapped - sold to Orion at 16x (2021)
SaaS

The risk tool advisors used to keep clients calm.

$8M
Stated · ARR at 2021 exit
Copyable math, finite US advisor market
The edge: Reframed copyable analytics as an advisor client-retention product — then 10x'd the price to prove it.
Open →
Empire Flippers
USA · $0 VC · 2011
Marketplace

Buy & sell online businesses — vetting is the moat.

$7.2M
Estimate · 2024 · founder-stated
⚠ No recurring rev
lumpy, deal-by-deal
The edge: Flipping sites wasn't new — they made it safe: every listing vetted, every handover done by their team.
Open →
BiggerPockets
Community · real-estate investing · USA · 2004
Community

Real estate's town square — a free forum, 3M+ members.

$7M
Estimate · 2016 rev · last public
⚠ Need cyclical
under 1% pay
The edge: Dorkin kept the forum free for years before charging — trust and UGC compounded into a moat rivals can't buy.
Open →
Ticket Tailor
Ticketing SaaS · UK · 2011
SaaS

Event ticketing at a flat fee, not a % of the sale.

$6.6M
Estimate · revenue, 2024 (est)
No audience network — bring your own crowd.
The edge: Flat $0.30-$0.85 a ticket, never a % of price. An $80 ticket costs cents here vs about $7 on Eventbrite.
Open →
Balsamiq
Wireframing SaaS · bootstrapped since 2008
SaaS

Ugly-on-purpose wireframes designers keep paying for

$6.58M
Stated · 2024 revenue
Figma now does low-fi; TAM is shrinking
The edge: Wireframes look hand-drawn on purpose: every mockup is instantly recognizable and markets the tool for free.
Open →
Ratsit
Sweden · Public records · Founded 2006
Data

Swedish tax data is public. Ratsit sells the search.

SEK 56.2M
Filed · about $5.8M · FY2025 revenue, 6 staff
One law change ends the whole model.
The edge: A constitutional publishing licence puts Ratsit's database outside GDPR, so nobody can demand deletion.
Open →
Flowcase (ex CV Partner)
Proposal SaaS · Oslo, Norway · founded 2011
SaaS

The CV tool consultancies renew 98% of the time.

$5.5M ARR
Stated · ARR, founder-stated (2024)
AI proposal tools could absorb the niche.
The edge: Turned a manual Word chore — building consultant CVs for tenders — into a bid tool firms won't drop.
Open →
Less Annoying CRM
SaaS · CRM · St. Louis, USA
SaaS

The anti-Salesforce CRM for small business.

$5.4M
Estimate · 2024 rev · founder-stated
Simple CRM is easy to copy; low lock-in.
The edge: One flat $15/user price, no tiers, no lock-in, and real people answer support — rare in a CRM market.
Open →
Boardroom Insiders
Data · USA · sold for $25M (2022)
Data

Deep C-suite dossiers, licensed to B2B sales teams.

$5M
Stated · ARR at $25M exit
Hand-written data; scaling means hiring.
The edge: 14 years and a 25-person research team built 29,000 deep exec profiles rivals couldn't scrape or fake.
Open →
InvoiceASAP
Vertical invoicing that monetized the payment, not the software
SaaS

$9/mo invoicing app, now $80/mo on embedded payments.

Just under $5M
Stated · annual rev, SaaS + payments
Payment partners can change terms anytime.
The edge: Owns the payments, not just the invoice, so it earns a cut of every job instead of a flat monthly fee.
Open →
MoveitPro
US · SaaS · founded 2011
SaaS

Movers ran on typewriters. He sold them the fix.

$5M ARR
Stated · founder-stated ARR, Nov 2022
Biggest lead source is $10K/mo of Google ads.
The edge: Third-generation mover. He funded five years of development out of the family moving company's profits.
Open →
WebMerge
Doc automation SaaS · sold 2019
SaaS

Solo, $5M ARR, sold for $100M.

$5M+ ARR
Stated · ARR at sale · one employee
One narrow job a platform could absorb.
The edge: It lived in other apps' add-on marketplaces, so it grew on their distribution while one person kept the margins.
Open →
WeSuite
Vertical SaaS · Security-install CPQ · USA
SaaS

Quoting software for security-system installers.

$5M
Stated · 2024 revenue · cash exit
Tiny niche: 16 years to reach $5M.
The edge: Ex-integrators built the one quoting tool that models security installs, recurring monitoring and commissions.
Open →
DashThis
Canada · 2011 · agency reporting
SaaS

Bought out the CEO, then sold for low 8 figures

$4.7M
Stated · revenue at 2023 sale
One narrow job in a crowded reporting market.
The edge: Priced by dashboard count, not seats — an agency with 25 client reports pays for 25, and upgrades as it wins clients.
Open →
ClickClaims
Vertical SaaS · P&C insurance claims
SaaS

The claims desk for storm-chasing insurance adjusters.

$4M+
Stated · ARR · 50 accounts
Tiny buyer pool, revenue rides the storms.
The edge: A claims adjuster who'd already built claims software inside a big firm — he knew the workflow before line one.
Open →
Valkre
Account-planning software for enterprise key-account teams
SaaS

The account plan, out of PowerPoint and into software.

Beyond $4M ARR
Stated · KAM software subscriptions
Slow category to build; the niche is small.
The edge: Valkre wraps the SAMA method KAM teams already train on, so enterprises trust the tool before the demo.
Open →
Cronometer
Nutrition data · Bootstrapped · Canada
Data

The accuracy-obsessed answer to MyFitnessPal.

$3.8M
Estimate · Latka estimate, 2024
Free apps count calories fine for casuals.
The edge: Food data from lab-verified USDA and NCCDB databases, not crowd entries, so every number earns trust.
Open →
Wall Street Oasis
USA · $1K start · 2006
Community

Free finance forum that sells interview courses.

$300K/mo
Stated · founder-stated · 2020
⚠ Control low
rides on Google traffic
The edge: A forum earns pennies on ads; he stacked a niche ad network + paid courses on the same audience.
Open →
Geocaching.com
Community data · Bootstrapped · est. 2000
Community

A GPS treasure hunt, sold as a subscription.

3.4M+
Stated · active geocaches worldwide
Unpaid volunteers keep the whole map alive.
The edge: Users hide and maintain every cache free; Groundspeak owns the one global database and charges to search it well.
Open →
PerformLine
Marketing-compliance SaaS · USA
SaaS

It reads your affiliates' ads before the regulator does.

$3.2M
Estimate · 2021 ARR, self-report
Demand rises and falls with enforcement.
The edge: Brands are liable for affiliate ads they never see. PerformLine auto-discovers those hidden channels and scores them.
Open →
Silktide
Accessibility SaaS · UK · Bootstrapped
SaaS

The free accessibility checker that upsells compliance.

$3M/yr
Estimate · 2024 ARR (Latka est.)
Axe and AI commoditize the core scan.
The edge: Twenty years of free scanners built the top-of-funnel; regulation (EAA, ADA) now forces every site through it.
Open →
Towbook
Towing dispatch SaaS | USA
SaaS

Dispatch, impound and billing for tow companies.

$2.9M
Estimate · Est. ARR 2024 (Latka)
Niche TAM ceiling; the code is copyable
The edge: Run a tow company's dispatch, impounds and billing through one app and switching costs quietly become the moat.
Open →
Sharetribe
Marketplace SaaS · Finland · steward-owned
SaaS

The no-code platform behind 1,000+ marketplaces.

$2.4M
Stated · ARR (2023, founder)
No-code ceiling: buyers outgrow it and churn.
The edge: Ran a marketplace before selling the tool to build one — operator instincts rivals lack, plus a vow never to sell.
Open →
Equipe
Sweden · Horse shows · Since 1989
SaaS

Europe's horse shows run on a three-person company

SEK 22.6M
Filed · about $2.2M · FY25 turnover, filed
Near-total at home, so fee rises make news
The edge: In 2015 it dropped the flat fee and billed about EUR 1 per start. Small clubs could afford it; Europe adopted it.
Open →
Moraware
Vertical SaaS · countertop shops · USA
SaaS

The default software for countertop fabrication shops.

$2.2M
Estimate · ARR, Latka est. 2025
Countertop-only market caps growth.
The edge: A co-founder's brother ran a countertop shop, so v1 was built inside a real fabricator's daily workflow.
Open →
Ministry of Testing
Community · UK · since 2007
Community

Where software testers gather, learn, and get hired.

$1.2M
Stated · a year (2019, stated)
Revenue leans on in-person conferences.
The edge: A free 2007 forum grew into testing's biggest community; she monetized the trust later via conferences and courses.
Open →
Beeminder
Commitment-device SaaS · quantified-self born · near-bootstrapped since 2010
SaaS

The habit tracker that charges you when you fail.

$1M
Estimate · ARR (2024, est.)
Paying to be punished repels the masses.
The edge: Rivals sell success. Beeminder gets paid the moment you fail — your own procrastination is the meter.
Open →
BetaList
Marketplace · Netherlands · est. 2010
Marketplace

The startup directory that charges you to skip its line.

$1M
Stated · cumulative over 10 years
Entry low
directory = a weekend clone
The edge: Turned its review backlog into 70% of revenue by charging startups to skip the queue.
Open →
Printavo
Bootstrapped shop software for screen printers
SaaS

A screen printer built the software his shop needed

$1M+ ARR
Stated · founder-stated, 2017
Thin tech moat — a dozen lookalike rivals
The edge: He ran a screen-print shop first, then built the tool for his own order chaos — an insider selling to insiders.
Open →
Wappalyzer
Data · Australia · bootstrapped, est. 2008
Data

Detects any site's tech, then sells the list.

$1M+
Stated · ARR, founder-stated
Closing the OSS core spawned free forks.
The edge: The free 2M-user extension crowdsources a live tech dataset rivals must crawl for — data as a byproduct.
Open →
iClassPro
Vertical SaaS · Longview, TX · bootstrapped
SaaS

The software a gymnastics-gym owner built for himself.

$5.7M+ ARR
Estimate · Latka est.
Crowded niche; Jackrabbit pioneered it.
The edge: A national-champion coach who owned a gym built the tool he needed, then won schools on trust and support — not ads.
Open →
PredictWind
SaaS - Marine weather - New Zealand
SaaS

America's Cup weather tech, sold to every sailor.

1M+
Stated · users (Dec 2023)
Free rivals like Windy commoditize the data.
The edge: Licensed the exact weather models that won the America's Cup, then sold them to every cruiser for $29-499 a year.
Open →
PriceCharting
Data · Collectibles · USA · 2007
Data

Turns every eBay sale into the price of every game.

3.5M
Stated · monthly users
Its whole dataset rents eBay's sale feed.
The edge: 18 years of completed eBay sales, auto-graded into the one price dealers quote — a time-series rivals can't rewind.
Open →
Ravelry
USA · $0 VC · 2007
Community

Knitting's community — run profitably by about four.

9M+ members
Stated · revenue never disclosed
One niche · community-dependent
The edge: it earns from its own members (self-served ads) at about 3.5% — aligning beat taxing the crowd.
Open →
Shodan
The search engine for exposed devices
Data

Google indexes web pages. Shodan indexes devices.

3M+
Stated · registered users
Key-person lean; Censys cloned it with VC.
The edge: A 15-year, continuously-crawled index of every service on the public internet — a dataset newcomers can't back-fill.
Open →