BoringCashCow

Discover Boring Businesses that Quietly Rake in the Cash

Bootstrapped Slack Bot Business Generates $50,000 a Month

About

Karma Bot is a Slack and Microsoft Teams-integrated team recognition tool that helps companies improve teams productivity.

enter image description here

The Team

Karma Bot was created in 2017 by Stas Kulesh and David Kravitz, founders of the New Zealand–based design and software agency Sliday Limited.

enter image description here

  • reference: https://karmabot.chat/about

Business Model & Revenue

Freedom runs on a freemium subscription model:

  • Freemium SaaS: Basic recognition tools are free; advanced analytics, goal tracking, and reward automation require a paid subscription.
  • Team-based Pricing: Paid plans start at around $3 per user/month, scaling with team size.
  • Integrations & Add-ons: Deep integrations with Slack and Microsoft Teams make onboarding seamless for remote teams.

Karma Bot generates approximately $50,000 in monthly recurring revenue (MRR).

enter image description here

  • reference: https://www.fakemayo.com/p/how-karma-bot-grew-to-50k-mrr

Distribution

Karma Bot’s main growth channel is the Slack App Directory, where teams can install the bot in a few clicks. It’s also available on the Microsoft Teams App Store, expanding its reach to enterprise clients.

In addition, the company drives organic traffic through SEO-optimized content, tutorials, and user stories on its official blog.

Tech Stack

  • Backend: Python, Django
  • Frontend: React.js, TypeScript