Spresso is an enterprise e-commerce SaaS platform spun out of Boxed after its IPO and Chapter 11 restructuring, now focused on high-margin software revenue and enterprise retail infrastructure. In this episode, co-founder Jared Yaman breaks down Spresso’s ARR growth, pricing model, enterprise SaaS strategy, and the transition from low-margin retail to scalable software economics. The conversation covers fundraising lessons, founder dilution, enterprise pricing, debt strategy, and how Spresso scaled from $2.5M ARR in 2023 to roughly $5M ARR by 2025. If you are searching for Spresso revenue, Boxed IPO lessons, or how founders pivot from ecommerce operations to SaaS, this episode explains the real GTM and capital efficiency decisions behind the shift. ------------------------------------------------------------------ *Spresso Key Metrics (2025)* • Revenue: ~$5M ARR • Customers / Locations: ~15 enterprise customers worldwide • Product Scope: Enterprise e-commerce infrastructure & retail software platform • Pricing Model: Implementation fees + modular enterprise SaaS subscriptions • Funding: Spin-out supported by BlackRock debt financing with warrants ------------------------------------------------------------------ *What is Spresso revenue in 2025?* Spresso reached approximately $5 million in ARR in 2025, roughly doubling revenue since its 2023 spin-out. *How does Spresso make money?* Spresso generates revenue through enterprise SaaS subscriptions, implementation fees, and modular platform licensing for ecommerce infrastructure. *What happened to Boxed after its IPO?* Boxed filed for Chapter 11 bankruptcy in April 2023, after which its software platform was spun out into Spresso as a standalone SaaS company. ---------------------------------------------------------------------------------------------------------------------------------------------------------------- *Apply for funding from my $150m SaaS fund:* https://founderpath.com/ *Subscribe on Spotify:* https://open.spotify.com/show/3AA9buFn8oxJf8WSDOUks5?si=61d5913030b244a9&nd=1&dlsi=24c670bfefdc43bb *Subscribe on Apple Podcasts:* https://podcasts.apple.com/us/podcast/saas-interviews-with-ceos-startups-founders/id1023761733 *Visit our Website:* https://www.getlatka.com ---------------------------------------------------------------------------------------------------------------------------------------------------------------- *Timestamps:* 00:00 – Spresso SaaS overview and founder background 02:05 – Boxed business model and ecommerce market positioning 04:30 – Low-margin retail economics vs software margins 06:45 – Venture funding, dilution, and IPO equity outcomes 08:30 – Growth-at-all-costs era vs capital efficiency shift 10:20 – Founder liquidity, secondary sales, and compensation lessons 12:40 – Marketing inefficiency, ICP mistakes, and CAC learnings 14:05 – Pivot from ecommerce retail to SaaS platform revenue 15:45 – Chapter 11 bankruptcy and company restructuring strategy 18:30 – Spresso spin-out and early ARR foundation 20:00 – Enterprise SaaS pricing model and contract structure 22:55 – ARR growth, debt strategy, leverage, and scaling roadmap 24:50 – Enterprise GTM motion and future expansion strategy #SaaS #latka #spresso #revenue #boxed #ipo