Hornet

Hornet

hornet.com·United States·Updated Mar 25, 2017

Gay social network and content hub mobile app with over 17 million users offering a freemium model with a $7/month premium tier.

Social MediaMobile App

Est. Valuation

$42M

$42,000,000 · 5× ARR estimate

Monthly Revenue (MRR)

$700K

$700,000/mo

Annual Revenue (ARR)

$8.4M

$8,400,000/yr

Founded

2011

Hornet Revenue History

Revenue history for Hornet from 2017 to 2026.

YearMRRARRYoY GrowthSource
2017$700,000$0Mar 2017

How Hornet Makes Money

mixed

Hornet Funding

Hornet is fully bootstrapped with no outside funding. The company has grown to $8,400,000 ARR organically.

Hornet Founders

Christof Wittig

CEO & Founder

Hornet FAQ

How much does Hornet make?
Hornet generates $700,000 in monthly recurring revenue (MRR), which is $8,400,000 annualized (ARR). This revenue figure is self-reported by the founder.
What is Hornet's valuation?
Hornet's estimated valuation is $42,000,000, calculated as a 5× multiple of its annual recurring revenue (a standard SaaS benchmark for unverified companies).
Who founded Hornet?
Hornet was founded in 2011 by Christof Wittig (CEO & Founder). The company is based in US.
Is Hornet bootstrapped?
Yes, Hornet is fully bootstrapped with no outside funding. The company has grown to $8,400,000 ARR organically as a solo-founder business.
What does Hornet do?
Gay social network and content hub mobile app with over 17 million users offering a freemium model with a $7/month premium tier. Hornet operates in the Social Media, Mobile App space.

Companies Similar to Hornet

SaaS companies with similar tags and business models.

How We Estimate Hornet's Revenue & Valuation

Profitable tracks revenue, valuation, and other key metrics for thousands of companies using a layered confidence model. Each revenue figure on this page is tagged with one of three confidence levels:

  • Verified — directly confirmed via Stripe integration or audited filings.
  • Self-reported — numbers publicly shared by the founder on X, blog posts, or interviews.
  • Estimated — derived from publicly available signals (traffic, employee count, pricing, comparables).

Valuation follows a hierarchy: public companies use the live market cap; private companies with disclosed funding rounds use the last reported valuation; otherwise we apply a conservative 5× ARR multiple as an estimate. Multiples vary by business model — SaaS typically sits 5–7×, profitable bootstrapped operations 3–5×, consumer brands 1–3×, marketplaces 8–12×.

These are estimates, not official figures. Official numbers — when available — will always override estimates.