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$50K/Month From Only 8 Customers

Austin Ambrozi
  • Austin Ambrozi

  • Co-founder of Doxci
  • $50,000 monthly recurring revenue

Ever heard of Doxci? 🧐

They sell fancy-sounding software…

Doxci uses Artificial Intelligence (A.I.), Natural Language Processing (NLP), and Robotic Process Automation (RPA) to automatically read, process, and complete tasks associated with enterprise documents.

In an interview last year, Doxci co-founder Austin Ambrozi revealed that the business was earning $50,000 per month from just 8 customers within 2 years of launch 🚀…

Austin explains…

One of our clients is an insurance company.

They get all of their applications for coverage to a designated email inbox. Typically, whenever someone applies for insurance, they send in some supplementary documents, you know, a proof of address, driver’s license, a couple of things like that.

So, Doxci will monitor the email inbox. It will read whenever an email comes in for applying for coverage… It’ll read each of the corresponding documents. It’ll then calculate a rate that can be offered to the prospect based on the information provided.

And then… it’ll automatically draft an email back to them saying, “Hey, you know, this is the rate that we can offer you. If you submit X, Y, and Z pieces of additional information, we might be able to offer you a better rate.”

It sends the email, and that whole process is now automated and doesn’t require human involvement at all.

Yeah, not the easiest product to build.

But the interesting part to me is that they only have 8 customers.

So they’re charging an average of $6250/month per customer 🤯

They don’t even have a pricing page on their website; looks like you have to book a consultation to get that info.

Goes to show that you don’t need a lot of customers to make a lot of money.

As long as you’re solving a painful enough problem for customers with plenty of money to spend, the sky’s the limit 📈

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Updated: July 20, 2024

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