Summary
Hubstaff, co-founded by Jared Brown, is a time tracking software solution offering proof of work features like screenshots and activity tracking. The software, catering to remote teams and freelancers, was born from the need to manage and verify remote work efficiently. Hubstaff has grown significantly since its inception, now serving over 10,000 paying customers and generating $6 million in annual recurring revenue. The company's expansion into GPS tracking and project management underlines its evolution into a comprehensive workforce automation platform.

Unique Aspect
Distinctive proof of work features, such as screenshot capture and activity monitoring, tailored for remote work management.

Approach to kick off
Started as a solution to the founder's own challenge of managing remote freelancers and transformed into a robust platform for broader market needs.

Scoop

Business Model Viability
Hubstaff's model addresses a growing demand for remote workforce management tools, showing strong viability in the current and emerging market landscape.

Future Projections
Expanding into GPS tracking and project management, aiming to become a comprehensive workforce automation platform.

Startup Stats

📊 ARR: $6,000,000

📈 MRR: $500,000

🚀 Startup Costs: $52,000

👥 Team Size: 54

🌍 Market: Targeting agencies, freelancers, and businesses across various industries, including construction

👨‍💻 Users: Over 10,000 paying customers

💰 Funding: Bootstrapped with initial founder investment of approximately $52,000

👨‍💼 Founders: Jared Brown