B2C · sports betting picks app
How PropGPT grows
5 tactics and 28 figures from 1 interview.
About PropGPT
- What it is
- Sports betting analytics app that uses machine learning models to surface pre-analyzed daily picks and lets users analyze their own bets.
- Who it's for
- Sports bettors (player props), US leagues such as NFL and NBA
- Business model
- subscription with free trial via Superwall paywall
- Launched
- middle of the 2024 NFL season; rebuilt version relaunched April 15, 2025
- Team
- Two co-founders (Eyal and Yahli Hazan)
- Funding
- bootstrapped
As described in the interviews, not independently verified.
PropGPT's 5 tactics
PropGPT by the numbers
| Metric | Value | Context | Said in |
|---|---|---|---|
| revenue | USD 30K/month approximate | Starter Story 2025-11-171:29 | |
| downloads | 40K downloads approximate | Over 40,000 | Starter Story 2025-11-171:29 |
| paying users | 3,000 customers approximate | Over 3,000 paying customers | Starter Story 2025-11-171:29 |
| conversion rate | 48% | Install -> trial, current | Starter Story 2025-11-171:29 |
| arpu | USD 3.3per download approximate | Revenue per download | Starter Story 2025-11-171:29 |
| time to milestone | 5 months approximate | Time to build the first version | Starter Story 2025-11-172:02 |
| marketing spend | a few thousand dollars approximate | Initial influencer marketing test at first launch | Starter Story 2025-11-173:04 |
| downloads | 20 downloads/day approximate | First version, from influencer marketing | Starter Story 2025-11-173:24 |
| trial starts | 5–10 trials/day approximate | First version | Starter Story 2025-11-173:24 |
| mrr | USD 1,000–2,000 approximate | Plateau with the first version despite influencer marketing | Starter Story 2025-11-173:34 |
| conversion rate | 45% approximate | Install -> trial, first version | Starter Story 2025-11-176:55 |
| conversion rate | 13% approximate | Trial -> paid, first version | Starter Story 2025-11-176:55 |
| time to milestone | 4 months approximate | Rebuild period with all marketing paused | Starter Story 2025-11-173:58 |
| mrr | USD 1,700 | At relaunch, after months of no marketing | Starter Story 2025-11-173:58 |
| downloads | 15 downloads/day approximate | At relaunch, no marketing | Starter Story 2025-11-173:58 |
| conversion rate | 50% approximate | Conversion to paid (likely trial -> paid) after the rebuild, during the NBA Playoffs push; over 50%, up from 13% | Starter Story 2025-11-173:58 |
| mrr | USD 40K approximate | Peak MRR | Starter Story 2025-11-173:58 |
| downloads | 2,000 downloads/day approximate | Peak single day | Starter Story 2025-11-173:58 |
| time to milestone | 10 weeks approximate | Relaunch to $30K MRR | Starter Story 2025-11-170:32 |
| views | 600K viewsper video approximate | Roughly the 70th influencer video ever published | Starter Story 2025-11-177:36 |
| arr | +USD 38K approximate | From ~8K to ~38K in about three days after one viral video (stated as ARR; may mean MRR) | Starter Story 2025-11-177:36 |
| marketing spend | USD 10K/month approximate | Starter Story 2025-11-178:44 | |
| cost | USD 0.2per conversion | Superwall fee per conversion | Starter Story 2025-11-178:44 |
| cost | 1% approximate | RevenueCat fee as % of revenue | Starter Story 2025-11-178:44 |
| cost | USD 100/month approximate | Real-time sports data APIs | Starter Story 2025-11-178:44 |
| cost | USD 10/month approximate | Neon database | Starter Story 2025-11-178:44 |
| cost | USD 20/month approximate | LLM costs | Starter Story 2025-11-178:44 |
| margin | 50% approximate | Overall margin after marketing and costs | Starter Story 2025-11-178:44 |
Topics
Interviews
- Our app flopped, so we rebuilt it and hit $30K MRR · Starter Story · 2025-11-17