Splynx
Alex Vishnyakov, CEO and co-founder of Splynx, created a successful SaaS solution for internet and voice service providers. The software offers features such as billing, CRM, network management, and ticketing, and is used by over 750 companies in 50 countries. Established in 2016, Splynx now has a $3 million annual recurring revenue (ARR) and a 50% growth rate, with a focus on helping small ISPs compete with larger telecom operators.
Prague, Czechia
Europe
50+
$4,130,000
$1,000,000 ≥
≤ $20,000
About the Company

Splynx, founded by Alex Vishnyakov and his partners in 2016, provides a comprehensive SaaS platform tailored for internet and voice service providers. The company operates from four offices in Prague, Barcelona, Johannesburg, and Ukraine, and employs 50 people. Splynx's software supports various functionalities, including billing, payment collections, and CRM, serving a global customer base predominantly from English-speaking countries.

Idea Behind Company

Alex Vishnyakov's background in networking and software development led him to identify a gap in the market for a flexible, customizable billing platform for ISPs. His previous venture, Mikrobill, failed due to its rigid pricing model and limited features. This experience, combined with insights gained while working in South Africa, inspired the development of Splynx, designed to address the specific needs of internet service providers with a more adaptable solution.

Creating the Company

The initial development of Splynx was a continuation of the work done on Mikrobill. The CTO and head of software development used their prior experience to build a new, more flexible platform. The product was launched in March 2016, and despite a challenging first year with a small team, the company gradually expanded its capabilities and customer base. The founders' careful adjustments and learning from early feedback played a crucial role in Splynx’s evolution.

Launching the Business

Splynx launched its product at a conference in Ljubljana, Slovenia, and quickly onboarded initial clients, including former Mikrobill customers. The company's early days were marked by a cautious approach to financing, relying on internal resources before seeking external investment. The investment in 2017 helped accelerate growth, allowing Splynx to expand its team and scale operations. The company's focus on customizations and responsiveness to customer needs contributed to its early success.

Earnings

Since its inception, Tesix Wireless has faced various challenges, including the COVID-19 pandemic, which impacted its growth and operations. Despite these obstacles, the company adapted by increasing ad spending and leveraging influencer marketing. Today, Tesix Wireless operates entirely virtually, allowing it to keep costs low and reinvest in growth. The company recently secured $275,000 to expand into the Hawaii territory and is planning a 2.0 launch with a complete rebranding and expansion into the Canadian market. Chaymeriyia emphasizes the importance of passion, learning from mistakes, and sustainable growth, positioning Tesix Wireless for continued success and expansion.

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Splynx
Founder / CEO
Alex Vishnyakov
Annual Revenue
$4,130,000
Est. Initial Investments
$5,000
Employees
50+
Website
Location
Prague, Czechia
About The CompanyIdea Behind CompanyCreating The ProductLaunching The BusinessEarnings
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