Summary
ReferralHero, founded by Manuel Frigerio, is a referral marketing platform that caters to over 6,000 companies worldwide. It provides tools for creating referral programs, including pre-launch waiting lists, giveaways, and ambassador programs. Distinguished for its ease of use, ReferralHero enables companies to launch referral programs quickly without extensive development. The platform has been instrumental in helping its clients collect over 30 million emails. As of now, ReferralHero generates about $18,000 per month in recurring revenue.

Unique Aspect
ReferralHero differentiates itself by offering a user-friendly widget for quick integration of referral programs into websites, streamlining the traditionally lengthy process of launching such programs.

Approach to kick off
The initial success of ReferralHero can be attributed to its launch on ProductHunt, where it gained significant visibility and early customers. This strategic launch was key to its early growth and traction.

Scoop

Business Model Viability
The business model, centered on providing a simplified yet powerful referral marketing tool, has proven successful and sustainable, with high potential for further growth.

Future Projections
Plans to expand product offerings in the referral marketing niche, such as introducing ambassador programs for newsletters.

Startup Stats

📊 ARR: $216,000

📈 MRR: $18,000

🚀 Startup Costs: $0

👥 Team Size: 1

🌍 Market: Serving a diverse range of companies, from startups to large organizations

👨‍💻 Users: Over 6,000 companies

💰 Funding: Bootstrapped

👨‍💼 Founders: Manuel Frigerio