SaaS startup VEED went from 0 to $1M ARR in just 12 months. And last month, they generated a reported $417K in monthly revenue.
VEED is a SaaS app for simple online video editing tasks (like cropping and adding captions).
The company's features, pricing and branding largely appeals to solo creators that make videos for specifically for Instagram, YouTube and TikTok.
VEED is another startup riding the “accessible martech” meta trend.
This is affordable marketing software that is accessible to bootstrappers, solopreneurs and small businesses.
And martech in the content creation space is growing especially quickly:
Startups that enable people without technical or design knowledge to create content such as VEED, Kapwing and Wavve are seeing rapid growth.
As have tools that allow businesses to share this content more effectively like Hypefury, Later and SocialPilot.