
Rajiv Khaneja, AdButler
How He Built a $10M SaaS With No Salespeople
Rajiv Khaneja is the founder and CEO of AdButler, an ad tech SaaS that runs the ads on sites like HEB and Home Depot. AdButler has been around for 20 years, and Rajiv built it into a $10M business with a team of about 20 to 25 people. At 14, Rajiv ran a website polls tool that served tens of millions of ads, so he called DoubleClick to buy an ad server. They hung up on him. So he wrote his own and called it AdButler. Before he finished high school, his business was making close to seven figures and he'd bought a house. Then the dot-com crash took his ad rates from $10 CPM to 10 cents. For 10 to 12 years, AdButler ran off the side of his desk. It made maybe $500K to $600K a year from about 10,000 small customers, some paying $9.95 a month. Around 2014, Rajiv went all in on it. Then in 2017, a Fortune 100 retailer emailed. Rajiv's team filled out a 29-tab RFP, showed up with a laptop and a demo, and signed their first enterprise customer. That retailer is still a customer almost 10 years later. The next enterprise customers came through a contact form on the website. AdButler wins them with product demos, builds the missing features in weeks instead of months, and is happy to sign month-to-month contracts. Rajiv also explains why he thinks the settings page is dead in an AI world, and why he wishes he'd priced on value 15 years sooner.














































































