Original caption
Last month, we hit $3M in ARR and closed a $14M investment at an $85M valuation. It’s been a wild few months. Let me explain a bit about how we got here. Last year, I noticed AI was fundamentally changing how everyone finds their information, and if your business wasn’t indexing within AI search engines, you are going to lose out. There are 1 billion monthly users on ChatGPT. 750 million on Google Gemini. 100 million for Perplexity And about 50 million on Claude. Not only that, but half of all Google searches now show with an AI overview. We’re in the middle of a massive behavioural shift, and most businesses still haven’t realised it. In September, I flew to San Francisco to network with the best engineers I could find. I was lucky enough to sit down with Sam Hogan and Arya Nagabhyru, who were working at YC start-ups at the time and were both as convinced as I was that AI Search would be the next billion-dollar industry. They moved to London, and we spent 70, 80, 90-hour weeks testing our idea and building our first MVP. In December, we did a soft launch and generated some incredible feedback. Whilst everyone else was celebrating Christmas, we worked non-stop to implement every piece of feedback. In January, we launched publicly and hit $1M ARR in 3 weeks. I truly believe what we’re building is the best tool on the market. We’ve started to grow an incredible team to help scale Searchable into a billion-dollar business, and we’re working flat out to make that a reality. If you want to see exactly how we did it, head over to my YouTube channel ChrisDonnellyBusiness to watch the full story