Buffer May Update: $283k MRR; We’re Now a Team of 24
Founder CEO @ Buffer
I’m excited to share the details for Buffer’s progress in May.
If you want to read our update from April, you can take a look here.
I’ll keep it short this month, just wanted to give you an update on our latest progress.
Traction update
• New users: 60,000 (Total: 1,537,000, from 1,477,000: +4.1%)
• Daily active users: 40,000 (last month also 40,000)
• Monthly active users: 156,000 (down from 157,000: -0.6%)
• Monthly Recurring Revenue (MRR): $283,000 (Annual: $3,396,000 up from $3,158,000: +7.5%)
• Bookings revenue: $311,000 (Annual: $3,732,000 down from $4,128,000: -9.6%)
• Cash in bank: $653,000 (last month: $585,000)
• Team size: 24 people across 5 continents
We’re happy with the MRR growth and the bank balance growing steadily. We’ve also been working on a few new things to innovate and try to move the needle in bigger ways.
P.S. Want more Buffer news, productivity advice and lifehacking tips? You might enjoy our Buffer: Open Blog newsletter. Receive each new post delivered right to your inbox! Sign up here.
Try Buffer for free
140,000+ small businesses like yours use Buffer to build their brand on social media every month
Get started nowRelated Articles
It can feel incredibly challenging to hire, and hire well. For one thing, hiring is usually a significant time investment for our small team — we once had 1,500 applications in just over a week for a content role (!!) — but beyond that, we are so intentional about the ways that we collaborate. Buffer is a fully remote, global, and culturally diverse company operating with a four-day work week. Finding someone who will thrive in our work environment, and is also highly skilled in the areas we’r
We’ve always had teammates who have side projects in addition to working at Buffer. Working on new projects, building, experimenting, and self-improvement are built into our DNA as a company. So it's quite common to be speaking with someone only to find out they own a small business outside of Buffer that started as a side project. We also have several published authors and many apps built by Buffer teammates. We believe this entrepreneurial spirit and creative drive not only enhances our indiv
Here's why we're introducing a $250 stipend for AI tools and how we expect it to impact our work.
