Friday, May 02, 2025

From Zero to $5M Tracked: The 2-Year Journey of Receipt-AI

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2 years ago on May 1st, we launched Receipt-AI.

In 2023, We had:

  • 1 user (shoutout to Igor — our Day One believer)
  • 88 receipts processed
  • 132 minutes saved
  • $0 in expenses tracked (we hadn’t built that yet)

Today:

  • 100+ businesses trust us
  • 12,000+ receipts processed
  • 22,399 minutes saved
  • $5 million in expenses tracked

From zero to $5M total expenses in 2 years.
Grateful to be building this with my co-founder, Ian Heraty

Still early. Still building. Still hungry.

From Zero to $5M Tracked: The 2-Year Journey of Receipt-AI: Founders of Receipt-AI.com: Queenie Peng and Ian Heraty. We help busy, traveling teams manage receipts using AI and SMS!

Founders of Receipt-AI.com: Queenie Peng and Ian Heraty. We help busy, traveling teams manage receipts using AI and SMS. 👌

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A working professional traveling at a client site smiles as he takes a photo of a receipt with his smartphone. He plans to upload the receipt using SMS and Receipt-AI, which is integrated with Xero or QuickBooks, while sitting in a cozy café environment. Indicating the ease of using the app.
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