Sub Club by RevenueCat · 2025-04-02
Fueling Growth with AI and Viral Product Features — Ajay Mehta, Portola
Ajay Mehta, co-founder of Portola, on building Tolan, a voice-first AI alien companion used mostly by 15-25-year-old women. They soft-launched without a paywall, saw 30-40 minute daily sessions and added a paywall 2-3 weeks later because of token costs. A personalized voice personality-quiz onboarding and product work lifted D5-D15 retention. Growth came from a stable of small creators posting lo-fi TikToks around daily activities (studying, cooking, dating), plus small paid tests. The app reached $1M ARR, 800K+ downloads, #1 in its category and a $10M seed round.
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Numbers mentioned
| Who | Metric | Value | Context | When |
|---|---|---|---|---|
| Portola | funding raised | USD 10M | Seed round including the earlier pre-seed plus the lead investor's follow-on | 8:49 |
| Tolan | share | 80–90% estimate | Share of users who are women aged 15-25 ('80-plus percent, maybe even 85, 90-plus') | 15:23 |
| Tolan | time spent | 30–40 minutesper user /day approximate | Daily talk time of heavy users right after the free soft launch | 17:18 |
| Tolan | time to milestone | 2–3 weeks approximate | From App Store soft launch to adding a paywall | 17:18 |
| Tolan | downloads | 10K–15K installs/day approximate | Installs in a day when a TikTok video went viral | 30:11 |
| Tolan | views | 10M viewsper video approximate | Viral TikTok of a girl cutting a squash with her Tolan watching | 33:17 |
| Tolan | share | 5% estimate | Share of creator videos that take off ('1 out of maybe 20') | 33:17 |
| Tolan | views | 30K–40K viewsper video approximate | Unaffiliated user TikTok talking to her Tolan about her favorite WWE wrestler | 37:54 |
| aggregateInfluencers Tolan collaborates with on paid placements | followers | 1M followersper creator illustrative | Typical audience size of paid-placement influencers ('might have a million followers') | 34:32 |
| Tolan | arr | USD 1M approximate | ARR announced at public launch | 42:10 |
| Tolan | downloads | 500K installs approximate | 42:10 | |
| Tolan | downloads | 800K installs approximate | North of 800,000 | 42:10 |
| Tolan | arr | multiples of $1M approximate | 42:10 | |
| Tolan | rank | 1 | App Store category ranking after viral TikToks | 42:10 |
| Portola | team size | 9 people | 44:34 | |
| benchmarkPre-product-market-fit raise: just enough for founders to live on while iterating | funding raised | USD 100K–200K illustrative | Jacob: raise only 100-200K ('mid six figures' elsewhere) before clear takeoff | 48:21 |