Hi Andi fam, hope you’re all doing well.
Metrics:
Revenue (New KPI): $0 → launching paid API July
MAU: 303k (-1% MoM)
Cash: $12k + $68k committed
Credits: $860k cloud compute
Burn: $1,771/mo (was $100k+ in 2024)
Runway: 6-8 months
What happened: Founders relocated to Puerto Vallarta to cut burn and lock in. Sublet SF apartment to YC S25 company for batch. Cut burn 98%. Trantora deployed to 5B pages in next week - enough coverage to go live as main index. Launching paid API first.
Note on fundraising: We're currently heads down on product and sales. Not fundraising until we hit our revenue milestones and return to SF in October.
Asks:
Intros to companies needing accurate AI search API (especially those abandoning Bing API before August shutdown)
Beta testers for Andi plus. Sign up for the waitlist here :)
Highlights:
Trantora at scale: 5B pages indexed, 95%+ accuracy in <3 seconds (vs competitors' 30-40% in 3+ minutes)
API ready: Drop-in Bing replacement launching July. 26 companies waitlisted = $190k ARR pipeline
Cockroach efficiency: Same product velocity at 1/50th the cost
Lowlights:
Turned down funding at less favorable terms to maintain founder control
Power user growth slowing without promotion effort
Next 30 days:
Launch API with first 5 customers
Ship Clipmarks v1
Hit $5k MRR
20% MAU growth through product-led growth
The Reality: We're deep in the trough of sorrow. We have 6-8 months to reach default alive.
Why we'll make it: We've built the most accurate AI search engine. Our unit economics work at scale. We just need to execute.
Thank you all for your continued belief and support.
Onwards and upwards,
Angela & Jed
P.S. - If you know anyone at Apple working on Safari search defaults, we'd love an intro. Our accuracy + privacy focus is perfect for them.
“So keep typing!" - Paul Graham
