Active & ProfitableSaaS & Developer Tools Founded 2022

Papermark

Open-source DocSend alternative that bootstrapped to $900K ARR with 2 founders and $0 startup costs

www.papermark.com

Annual Revenue

$900K

MRR

~$72K

Team

2 (co-founders only)

Funding

Bootstrapped

Founder

Marc Seitz

Co-Founder & CEO

Built the entire MVP in one weekend; co-founder Iuliia Shnai worked for $2/hour for 8 months across 11 failed products before hitting $45K MRR with Papermark

What Papermark Does

Papermark is an open-source document sharing and analytics platform — the #1 alternative to DocSend. Users upload documents (pitch decks, sales materials, data rooms), generate secure shareable links, and track viewer engagement with page-by-page analytics. Real-time notifications alert when documents are opened, with detailed insights into which pages get the most attention and where viewers drop off. Differentiates through open-source transparency, self-hosting option, dynamic watermarking, AI-powered document chat, custom domain branding, and advanced access controls. Supports PDF, PowerPoint, Excel, CSV, Word, and Google Sheets formats.

Revenue Highlights

  • Reached $900K ARR with only 2-person team and $0 startup costs
  • 6,900+ GitHub stars and 62 open-source contributors

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