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How Contentpace’s Founders Hit Six Figures by Listening to Users

11/29/2024
Contentpace
Muntasir Rashid, Moin Uddin, Mohiuddin Sarker Siam
Contentpace
contentpace.com
Dhaka, BangladeshFounded 2020
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Monthly Revenue
Undisclosed
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Founders
Muntasir Rashid, Moin Uddin, Mohiuddin Sarker Siam
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Employees
Undisclosed
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Business Description

Contentpace is an SEO content analysis software that helps writers and marketers build data-driven content briefs by analyzing top-ranking pages. Founded in 2020 by three graduates in Bangladesh, it scaled to over 2,100 customers and was acquired for $1.5M.
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Executive Summary

Three Bangladeshi founders built Contentpace—an SEO content analysis SaaS—by digging into hundreds of user requests, releasing updates publicly, and refining their product repeatedly. In just three years, they grew to $255K ARR and sold for $1.5M.
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Case Study Content

Introduction

Contentpace didn’t start as a polished tool. In 2020, Muntasir Rashid, Moin Uddin, and Mohiuddin Sarker Siam sat in separate homes in Dhaka, determined to help content creators spot the exact keywords and structure top-ranking articles. They built an MVP called Postpace, then shifted focus: instead of adding random features, they spent every week sifting through user feedback to zero in on real pain points.

Listening to Real Needs

Most startups rush feature checklists. Contentpace’s trio spent hours asking “why?” after every request. Users wanted competitor headline analysis. After deeper talks, the team saw a pattern: marketers needed an outline generator based on high-ranked content. That insight led to their Content Brief Builder, which became a top-used feature and helped them nail product-market fit.

Building in Public

When the pandemic hit, many paused. These founders doubled down, posting progress and roadblocks on Facebook and Product Hunt. By April 2024, they had 1,500 followers eagerly awaiting each update. They treated every release as a mini launch—over 50 times—refining the interface, adding integrations, and sharing revenue milestones: $146K in 188 days, $255K after one year.

Scaling and Acquisition

After winning a French Tech Ticket in 2016 to build Hektor Technology, the founders returned home and focused on Contentpace. By 2022 they’d hit $1.5M lifetime revenue and served 4,000 teams. As AI tools crowded the space, they listed Contentpace on Acquire.com. Within days they closed a deal with Content at Scale in June 2023, securing an acquisition and resources for the next chapter.

Next Moves

Post-sale, the team launched Wit Works, Promptmatic, and Liveware AI—an AI product studio aimed at making everyday workflows smarter. They see AI as a way to boost human creativity, not replace it.

Conclusion

More than code, success came from truly understanding user problems, sharing every step publicly, and iterating fast. For any SaaS founder, the lesson is clear: listen first, then build.

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Key Takeaways

  • 1By digging into hundreds of user responses and asking “why?”, they turned vague feedback into a hit feature that drove product-market fit.
  • 2Launching publicly over 50 times built audience trust, generated continuous feedback, and fueled steady user growth.
  • 3Bootstrapping to $146K in six months and $255K ARR in a year proved that focused iteration beats rapid feature bloat.
  • 4Winning a French Tech Ticket and time at Station F incubator gave them credibility, contacts, and a pathway to global expansion.
  • 5Listing on Acquire.com exposed them to multiple buyers within days, culminating in a $1.5M acquisition by Content at Scale.
  • 6Post-acquisition, they shifted into AI tools under Wit Works, applying their listening method to a new wave of products.
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Key Facts

Revenue in First 188 Days
$146K
First-Year ARR
$255K
Lifetime Revenue at Sale
$1.5M
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Tools & Technologies Used

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Founders Hut

Founders Hut is a leading online platform dedicated to sharing thousands of in-depth business case studies from successful companies around the globe. Since its launch, Founders Hut has empowered entrepreneurs, marketers, and corporate innovators with actionable insights drawn from real-world successes and failures.

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Disclaimer: Some data in these case studies may be inaccurate or out of date. In certain cases, AI-generated content is used.