Buffer May Update: $283k MRR; We’re Now a Team of 24

Jun 25, 2014 1 min readOpen
Photo of Joel Gascoigne
Joel Gascoigne

Founder CEO @ Buffer

Investor Update

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.

Brought to you by

Try Buffer for free

140,000+ small businesses like yours use Buffer to build their brand on social media every month

Get started now

Related Articles

35 Side Projects From the Buffer Team

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

OpenFeb 28, 2025
We Added a $250 AI Tools Stipend for the Buffer Team: Here’s Why

Here's why we're introducing a $250 stipend for AI tools and how we expect it to impact our work.

OpenFeb 7, 2025
Returning to Profitability: Buffer's 2024 Profit Share & Formula

After two years of losses, Buffer achieved profitability in 2024 with a net profit of $202,459. Learn about our journey back to profitability, our profit-sharing philosophy, and how we distributed 15% of profits among our 73 team members.

140,000+ people like you use Buffer to build their brand on social media every month