Reported · from Papermark's published milestones

An open-source DocSend alternative — share documents as trackable links and see who read what. Built by two people with no outside funding.

www.papermark.com

The timeline

1. Q3 2025$250K+33.3%
   •

   $3M ARR, four months after the second. Each million is arriving faster than the last.

   Reported
   📈

   Crossed $250K MRR

   Reported

   Reported at $250K.

   📶

   28 months of growth in a row

   Reported

   The longest unbroken run of month-over-month growth so far.

   🏔️

   Highest month so far: $250K

   Reported

   0 paying customers.

2. Q2 2025$188K+35.0%
   •

   $2M ARR, six months after the first million.

   Reported
3. Q1 2025$139K+42.9%
   📈

   Crossed $100K MRR

   Reported

   Reported at $111K.

4. Q4 2024$97K+31.3%
   💰

   Passed $1M ARR

   Reported

   $97K MRR, an annual run rate of $1.16666664M.

   •

   $1M ARR eighteen months in, built by two people with no startup costs.

   Reported
5. Q3 2024$74K+23.1%
6. Q2 2024$60K+30.0%
   📈

   Crossed $50K MRR

   Reported

   Reported at $51K.

7. Q1 2024$46K+42.9%
8. Q4 2023$32K+75.0%
   📈

   Crossed $25K MRR

   Reported

   Reported at $28K.

9. Q3 2023$19K+300.0%
   🚀

   Product Hunt launch, three months after the tweet.

   Reported
   📈

   Crossed $10K MRR

   Reported

   Reported at $14K.

   📈

   Crossed $5K MRR

   Reported

   Reported at $9K.

10. Q2 2023$4.6K
    📈

    Crossed $1K MRR

    Reported

    Reported at $5K.

    🚀

    It started as a tweet — an open-source alternative to DocSend — which did 450 likes and 95,000 views before a line of code existed.

    Reported
    🔌

    Connected revenue

    Reported

    $0 MRR, 0 paying customers — with 25 months of history rebuilt back to $0.

    🕳️

    Lowest month so far: $0

    Reported

    0 paying customers.