First paying users. Monetization switch proven.
Public premium launch with regional pricing.
Multi-market. First corporate pilot.
Services vertical launches.
Services scaling; corporate pipeline live.
Travel vertical launches.
Three verticals live. ~$1M ARR trajectory.
Post Rung 1 ($1M at $50M). US soft-launch.
Services + Travel cross-sell firing. 10+ countries.
Post Rung 2 ($3M at $120M). EU launch.
Post Rung 3 ($8M at $300M). 20+ countries.
Unicorn crossing. Series B at $30M / $1B post.