Raising $500K and turning profitable
“So we raised around 500,000 from them. So with that money, we became profitable.”
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How Buildern Reached $2M ARR and $40K Monthly Profit With SEOBuildern CEO Hmayak Tigranyan explains how a bootstrapped construction management SaaS raised only $500K, grew on inbound SEO and is now hiring its first sales team.
Hmayak Tigranyan · Buildern
Published April 8, 2026Explore the lesson. Sign in to access the resource library.
Hmayak Tigranyan, CEO and founder of Buildern, explains how his construction management software reached about $2M of ARR with 300 customers after raising only $500K from two angel investors. He credits roughly 95% of revenue to inbound SEO, reports around $40K of monthly profit that he reinvests in hiring, and describes building a first sales team in 2026.
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“So we raised around 500,000 from them. So with that money, we became profitable.”
“So we don't do any outbound. Everything, whatever we have is just inbound. We don't spend any marketing money on any paid ads or etcetera.”
“So in some specific scenarios, some of the other competitor softwares are better matched for them.”
“our ACV is a little bit higher than 6,000 something. It's becoming more close to seven and half and eight.”
“usually you're targeting to have for them as pays around 80 ks, maybe 100. OT will be around 150, somewhere around.”
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