Product-ledDevOps / Cloud

Checkly

API monitoring SaaS that grew by open-sourcing a Chrome extension that hit 5K GitHub stars.

MRR
$5M+ ARR
Gross Margin
80%
Time to 1,000 Customers
6 months
Primary Channel
Product-led

The storyHow they got there

Tim Nolet and Hannes Lenke built Checkly from the Netherlands while Tim freelanced 50% of the time to keep the lights on. The product monitored APIs and browser transactions using Playwright — a developer-first alternative to Pingdom for teams who wanted code, not dashboards.

The first ten customers came from Tim's personal Twitter and blog driving technical readers to a free trial. The first hundred came from authoring "How to monitor [X]" tutorials that ranked on Google, plus open-source tools that all funneled back to Checkly.

At maturity, the channel mix: developer content including Tim's personal blog, dev.to posts, and conference talks (~40%), SEO on synthetic monitoring keywords (~25%), open-source contributions including Headless Recorder and Playwright integrations (~20%), and word-of-mouth among DevOps engineers (~15%). Outbound sales was killed early. Developer ergonomics and content were doubled down on.

Unit economics: CAC around $300–600, ACV around $2–5K, LTV around $8–15K, and net revenue retention above 120% from usage expansion as teams add more monitors. The company raised seed and Series A funding. Developer products are won by being the most credible voice on the problem — not by being the cheapest option.

Channel MixWhere the growth actually came from

Most case studies hand-wave channels. Here's the rough allocation — not in dollars spent, but in users acquired — across the routes that actually mattered.

Product-led
60%
Free tier / freemium driving organic signups and upgrades.
Word of mouth
25%
Happy users sharing with their teams and networks.
Community
15%
Developer communities and forums as discovery channels.

TimelineWhat happened, when

2018
Private beta, €20K self-funded
~200 signups via Betalist/Twitter/HN before public launch. Tim still freelancing half-time.
2019
Puppeteer Recorder open-sourced
Chrome extension hits 5,000+ stars, 11K users. All funnel into Checkly trial. Open-source as top-of-funnel.
Jan 2019
$400 MRR
First recurring revenue. Growth from HN posts, DevOps Slack communities, r/devops threads.
May 2019
$1,070 MRR
MRR nearly triples in 5 months. Open-source halo effect fully active.
Year 2
Seed raised, $30K+ MRR
Raised seed funding. Developer content and conference talks driving qualified pipeline.
2023+
$5M+ ARR, Series A
Series A raised. Playwright-native monitoring position established. Developer community moat compounding.

StackTools they used

StripeSentryIntercomHeapAWS Lambdadev.toGitHub (open-source repos)Conference CFPs

In their own wordsThe quote

"Being the loudest expert on a narrow technical topic beats being the cheapest tool."
Checkly founder
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