When two worlds meet, Hey Beehiiv 😄 .

Power Your Newsletter with Beehiiv.

The Founders 👤

Tyler Denk, Second employee at Morning Brew ☕️ 

 Benjamin Hargett, First full time engineer at Morning Brew ✂️ 

Jacob Hurd, Engineer 🔬 

Discovering a golden opportunity 💡

The founders of Beehiiv bring valuable experience from their previous roles at Morning Brew, where they played a pivotal role in developing tools for the renowned newsletter platform. Drawing on their insights and identifying a gap in the market, they leveraged their learnings from Morning Brew to introduce Beehiiv to the world.

Welcome to Beehiiv 🏪

Beehiiv is a comprehensive newsletter platform designed to support content creators in building and profiting from their audience. Its all-in-one capabilities encompass creating, distributing, and monitoring email newsletters. With Beehiiv, creators can easily design newsletters, send them to subscribers, and track performance metrics.

They offer a range of features to enhance the newsletter creation process. Users can access customizable templates and intuitive drag-and-drop editors, enabling them to craft visually appealing newsletters without extensive design expertise. Managing subscriber lists and ensuring targeted distribution are also simplified with Beehiiv's tools.

How profitable is Beehiiv 💵 ?

Beehiiv’s payment options include $42 a month, $99 a month, and two annual plans. They’ve achieved an impressive revenue run rate of $4 million, supported by a compounding monthly growth rate (CMGR) of 42%. The company has established multiple revenue streams beyond its recurring SaaS revenue, including an Ad Network, Boosts, and courses, which contribute significantly to its overall revenue. With these diversified revenue streams, Beehiiv is projecting a revenue run rate of over $12 million by the end of the year, indicating substantial growth and success in the market.

What is the growth potential of this business 🌎?

Beehiiv didn’t spend any money on paid advertising for their first 12 months and now, 90% of their growth remains organic.Beehiiv boasts an impressive roster of clients, which includes renowned organizations such as The Boston Globe, Milk Road, Cult of Mac, TheFutureParty, Overtime Sports, Exec Sum, Superhuman, Matthew Berry's Fantasy Life, The Publish Press, and many other notable names.

Where are they in the funding process💱?

Beehiiv has raised two rounds so far, a seed and a series a. Their series A was a $12.5 million round that was led by Lightspeed Venture Partners. Other investors include,

Social Leverage

Contrarian Thinking

Creator Ventures

Bluewire Partners

🐦 @Beehiiv