Quaderno
👤 Carlos Hernandez Medina (Ran a Stripe invoicing tool since 2014; when EU VAT flipped, he owned the transaction data rivals lacked. Bootstrapped, no VC.)🌐 site𝕏LinkedIn
In 2015 the EU made every digital seller charge VAT by buyer location. Quaderno already sat on the data to do it.
Will it work? · our read
Law sells it. Boring, mandatory, recurring. Quaderno never had to make anyone want tax compliance; the EU and US did that. Its only real risk was the platform, Stripe, it was built on top of.
01How the money moves
Seller connects Stripe, PayPal or Shopify
→
Quaderno applies the right VAT/sales tax per buyer's country and logs it
→
Seller pays a monthly SaaS fee to stay legally compliant
02The numbers
about $3MEstimateest. ARR near 2023 exit
2023
the sentence on the page
growth. Quaderno Revenue Growth Reported revenue / ARR over time · latest figure estimated $0 $1M $2M $3M $4M 2014 2016 2018 2020 2022 2024 $0 $1.2M $3.6M Source: GetLatka.com Year Milestone Source…
Revenue is a third-party estimate (Latka), not company-confirmed. Client and jurisdiction counts are from Visma's acquisition release. Visma newsroom
🔒
You have the verdict. Members get the work behind it.
- The CENTS scorecard — where it's strong, where it's soft
- The founder's key move, and the counter-move
- How it could die — the evidence, and how sure we are
- The case against our own call
- A 🚀 launchpad prompt — the case, as a plan for your business
We rate our own confidence — and argue against ourselves. Nobody else in this category does.
Sources always public on all 604 cases · cancel anytime · 14-day refund
See a full teardown, free → ImportYetiSourcesSources last checked 8 October 2026
Visma — Quaderno acquisition (Sept 2023): 2,600+ clients, 104 countries, 14,000+ jurisdictionsQuaderno — About (bootstrapped 10 years, since 2014)Latka — revenue estimate (EST, unverified): about $2.8-3.6MSurf Office — Carlos Hernández (Quaderno) on the five-hour workday and bootstrapping: "I have no external funds so that makes it easier."
Revenue is unverified: no first-party figure exists. Latka estimates about $2.8M-3.6M ARR (2023-24), flagged EST. First-party from Visma's newsroom: founded 2014, Las Palmas (Canary Islands) HQ, 2,600+ clients across 104 countries, 14,000+ jurisdictions, acquired by Visma Sept 2023 (terms undisclosed). The invoicing-to-tax pivot driven by 2015 EU VAT is documented by the founder. The Stripe Tax rivalry and 'platform becomes rival' framing is our read, not a company statement. We never score you.