
SaaS Interviews with CEOs
Bootstrapping Through War to $6M ARR: A SaaS Founder Story
AI Summary
Vlad Malanin, a surgeon‑turned AI scientist, details how SpeedSize grew from $400K to $6M ARR by leveraging AI‑driven media compression, a usage‑based enterprise pricing model, and a partnership‑first go‑to‑market strategy with AWS and IBM. He explains the land‑and‑expand sales motion that fuels low churn and strong expansion revenue, while maintaining capital efficiency through a lean 25‑person team and disciplined cash‑flow management. The episode also highlights the founder’s crisis leadership during the 2023 war, including salary cuts and rapid runway preservation, illustrating how resilience and strategic partnerships can sustain growth without relinquishing control.
Episode 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.
NOTES:
Founder background
Surgeon turned AI scientist and CTO
Forbes Technology Council member
Ukrainian-Israeli founding team navigating geopolitical risk
Company overview
AI-powered image and video compression for rich media websites
Focus on preserving visual quality while improving load speed
Core customers: fashion, apparel, marketplaces, travel, jewelry
Revenue & growth
$400K ARR in 2022
~$1.5M ARR in 2023
~$3M ARR in 2024
~$6M ARR today
200+ paying customers
Low churn with strong net revenue expansion
Pricing & ACV
Annual contracts only
Pricing based on:
Data transferred (GB)
Number of original assets / SKUs
ACV ranges:
$10K–$20K (lower mid-market)
$50K–$100K (mid-market)
Low seven figures (enterprise)
Multiple customers paying $100K+ annually
GTM & acquisition
Minimal reliance on paid ads
Partnership-led growth strategy:
AWS Premium Partner
IBM Cloud partnerships
Agency referrals
Focus on cloud providers lacking native media optimization
Sales motion
Land-and-expand strategy
Customers grow usage as they adopt richer media (video, animations)
Enterprise-focused negotiations vs self-serve SMB motion
Team & operations
Team downsized from 50 to ~25 for efficiency
~70% engineers
High revenue per employee
Cash-flow controlled with variable spend levers
Capital & fundraising
~$5M total raised (2022–2023)
Founders retain 70%+ ownership
Pre-Series A
Lessons learned from VC-driven spending pressure
Crisis management
Two months of runway during 2023 war escalation
Cash dropped below $300K
Founders cut their own salaries first
Focused on survival, efficiency, and customer retention
WHAT YOU'LL LEARN
Founder Story
Transitioning from medicine to AI SaaS
Building during war and geopolitical uncertainty
Making survival-first leadership decisions
Pricing & Revenue
Structuring enterprise SaaS pricing by usage
Designing ACV tiers from $10K to seven figures
Using land-and-expand to drive ARR growth
GTM & Partnerships
Why SpeedSize prioritized partnerships over outbound sales
How AWS and IBM partnerships actually work
The realities of enterprise marketplace distribution
Acquisition & Retention
Why low churn matters more than hypergrowth
Enabling customer expansion through product value
Avoiding paid ads in favor of scalable channels
Scaling & Operations
Downsizing teams without killing momentum
Managing cashflow with variable spend
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.
Show Notes
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.
NOTES:
-
Founder background
-
Surgeon turned AI scientist and CTO
-
Forbes Technology Council member
-
Ukrainian-Israeli founding team navigating geopolitical risk
-
-
Company overview
-
AI-powered image and video compression for rich media websites
-
Focus on preserving visual quality while improving load speed
-
Core customers: fashion, apparel, marketplaces, travel, jewelry
-
-
Revenue & growth
-
$400K ARR in 2022
-
~$1.5M ARR in 2023
-
~$3M ARR in 2024
-
~$6M ARR today
-
200+ paying customers
-
Low churn with strong net revenue expansion
-
-
Pricing & ACV
-
Annual contracts only
-
Pricing based on:
-
Data transferred (GB)
-
Number of original assets / SKUs
-
-
ACV ranges:
-
$10K–$20K (lower mid-market)
-
$50K–$100K (mid-market)
-
Low seven figures (enterprise)
-
-
Multiple customers paying $100K+ annually
-
-
GTM & acquisition
-
Minimal reliance on paid ads
-
Partnership-led growth strategy:
-
AWS Premium Partner
-
IBM Cloud partnerships
-
Agency referrals
-
-
Focus on cloud providers lacking native media optimization
-
-
Sales motion
-
Land-and-expand strategy
-
Customers grow usage as they adopt richer media (video, animations)
-
Enterprise-focused negotiations vs self-serve SMB motion
-
-
Team & operations
-
Team downsized from 50 to ~25 for efficiency
-
~70% engineers
-
High revenue per employee
-
Cash-flow controlled with variable spend levers
-
-
Capital & fundraising
-
~$5M total raised (2022–2023)
-
Founders retain 70%+ ownership
-
Pre-Series A
-
Lessons learned from VC-driven spending pressure
-
-
Crisis management
-
Two months of runway during 2023 war escalation
-
Cash dropped below $300K
-
Founders cut their own salaries first
-
Focused on survival, efficiency, and customer retention
-
WHAT YOU'LL LEARN
Founder Story
-
Transitioning from medicine to AI SaaS
-
Building during war and geopolitical uncertainty
-
Making survival-first leadership decisions
Pricing & Revenue
-
Structuring enterprise SaaS pricing by usage
-
Designing ACV tiers from $10K to seven figures
-
Using land-and-expand to drive ARR growth
GTM & Partnerships
-
Why SpeedSize prioritized partnerships over outbound sales
-
How AWS and IBM partnerships actually work
-
The realities of enterprise marketplace distribution
Acquisition & Retention
-
Why low churn matters more than hypergrowth
-
Enabling customer expansion through product value
-
Avoiding paid ads in favor of scalable channels
Scaling & Operations
-
Downsizing teams without killing momentum
-
Managing cashflow with variable spend
-
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.
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