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Balsamiq

Wireframing SaaS · founded 2008 · $0 VC · fully remote (Italy/USA)
👤 Giacomo 'Peldi' Guilizzoni (Ex-Adobe engineer; quit 2008 to learn the whole business, then blogged his exact revenue — transparency became the brand.)🌐 site𝕏

A tiny remote team earns $6.58M/yr on low-fi wireframes — then cut revenue 6% on purpose to protect profit and pace.

Will it work? · our read
Durable by design. A model of bootstrapped restraint. But standalone wireframing is being swallowed by all-in-one design tools, so the moat now is brand and simplicity, not a growing market.
01How the money moves
A product manager or designer sketches wireframes in Balsamiq Cloud
The team adds editors; each active editor becomes a paid seat
Balsamiq bills $16-35/mo per editor, billed annually
02The numbers
$6.58MStated2024 revenue
2024
the sentence on the pageCore user flows every product needs to succeed. Revenue & projections Our 2024 revenue clocked in at $6.58M USD, a 6% dip from 2023. This was expected and close to last year’s forecast. We retired…
$6.58M
2024 revenue
$0
VC raised, bootstrapped '08
$160K
revenue, first 6 months
Revenue peaked, now trimmed on purpose to protect profit and pace. Balsamiq blog
$6.58M in 2024 — a deliberate 6% dip, still profitable.
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SourcesSources last checked 25 August 2026
Revenue $6.58M (2024) is first-party from Balsamiq's own blog, stated as a deliberate 6% dip with profitability intact — first-party and verified. Widely-cited Latka figures ($10.6M) are wrong; we used the founder's number. Origin and milestones ($160K in the first 6 months; $6M+ by year 6) and the bootstrapped/$0-VC status are founder-stated (SaaS Club, Signal v. Noise). Team size varies by source (18-38), so we avoided a hard headcount claim. The 'dies' thesis (category compression by Figma) is [our read], supported by flat, intentionally-trimmed revenue. We never score you.