Bootstrapping Through War to $6M ARR: A SaaS Founder Story
Description
Vlad Malanin, MD, PhD and co-founder of SpeedSize, shares how he scaled an AI-powered media optimization SaaS from $400K to $6M ARR with just 25 employees. SpeedSize helps enterprise and mid-market brands deliver high-quality images and video without sacrificing site performance, serving over 200 global customers.
In this episode, Vlad breaks down SpeedSize's capital-efficient growth strategy, enterprise pricing model, partnership-led GTM motion, and the hard founder decisions required to survive near-zero runway during wartime—while maintaining low churn, strong expansion revenue, and founder control.
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Founder background
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Surgeon turned AI scientist and CTO
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Forbes Technology Council member
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Ukrainian-Israeli founding team navigating geopolitical risk
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Company overview
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AI-powered image and video compression for rich media websites
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Focus on preserving visual quality while improving load speed
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Core customers: fashion, apparel, marketplaces, travel, jewelry
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Revenue & growth
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$400K ARR in 2022
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~$1.5M ARR in 2023
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~$3M ARR in 2024
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~$6M ARR today
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200+ paying customers
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Low churn with strong net revenue expansion
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Pricing & ACV
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Annual contracts only
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Pricing based on:
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Data transferred (GB)
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Number of original assets / SKUs
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ACV ranges:
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$10K–$20K (lower mid-market)
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$50K–$100K (mid-market)
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Low seven figures (enterprise)
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Multiple customers paying $100K+ annually
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GTM & acquisition
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Minimal reliance on paid ads
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Partnership-led growth strategy:
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AWS Premium Partner
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IBM Cloud partnerships
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Agency referrals
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Focus on cloud providers lacking native media optimization
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Sales motion
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Land-and-expand strategy
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Customers grow usage as they adopt richer media (video, animations)
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Enterprise-focused negotiations vs self-serve SMB motion
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Team & operations
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Team downsized from 50 to ~25 for efficiency
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~70% engineers
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High revenue per employee
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Cash-flow controlled with variable spend levers
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Capital & fundraising
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~$5M total raised (2022–2023)
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Founders retain 70%+ ownership
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Pre-Series A
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Lessons learned from VC-driven spending pressure
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Crisis management
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Two months of runway during 2023 war escalation
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Cash dropped below $300K
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Founders cut their own salaries first
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Focused on survival, efficiency, and customer retention
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WHAT YOU'LL LEARN
Founder Story
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Transitioning from medicine to AI SaaS
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Building during war and geopolitical uncertainty
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Making survival-first leadership decisions
Pricing & Revenue
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Structuring enterprise SaaS pricing by usage
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Designing ACV tiers from $10K to seven figures
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Using land-and-expand to drive ARR growth
GTM & Partnerships
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Why SpeedSize prioritized partnerships over outbound sales
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How AWS and IBM partnerships actually work
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The realities of enterprise marketplace distribution
Acquisition & Retention
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Why low churn matters more than hypergrowth
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Enabling customer expansion through product value
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Avoiding paid ads in favor of scalable channels
Scaling & Operations
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Downsizing teams without killing momentum
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Managing cashflow with variable spend
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Staying capital-efficient while retaining founder control
This episode is a must-watch for SaaS founders, operators, and investors interested in pricing, GTM strategy, retention, capital efficiency, and real founder resilience.




