The SaaS Podcast

Fleetio: How a Solo Founder Built an 8-Figure SaaS Business – with Tony Summerville [317]

Fleetio: How a Solo Founder Built an 8-Figure SaaS Business

Tony Summerville is the founder and CEO of Fleetio, a SaaS product that helps businesses automate fleet operations tasks and keep their vehicles and equipment running smoothly.

In 2011, Tony was working as a product manager. He'd tried several times to start a business in his spare time but just wasn't able to get any traction.

Eventually, he came to the realization that if he was going to have a serious shot at building a business, he had to quit his job and go all-in.

He and his wife agreed that he'd give it a try for one year and if things didn't work out, he'd go back to a full-time job.

After seeing how his father's business was struggling to manage its fleet of vehicles, Tony set out to build a modern fleet management software for small and medium businesses.

He launched his minimum viable product (MVP) in about 7 months and a few months later had his first 10 customers (thanks to the time and effort he'd put into doing customer development interviews).

But he was only charging about $50 a month for his product, so there was still a lot of work to do.

Today, he's grown his company into an 8-figure SaaS business, built a team of nearly 200 people, and raised $25M in VC funding.

In this interview, we talk about how Tony validated his idea, built his MVP, tested pricing, built a content marketing engine, and more.

So I hope you enjoy it.

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The Show Notes