How This Founder Grew CAKE.com to a $25M ARR SaaS Success

March 13th, 2025

Founded By
Nenad Milanović
Monthly Revenue
$8.33M
Founders
1
Profitable
Yes
Year Started
2009
Customer
B2B & B2C

Who is Nenad Milanović?

Nenad Milanović, the founder of CAKE.com, hails from Serbia and spent a decade building side hustles while running a consulting business before creating successful software products like Clockify, Pumble, and Plaky.

What problem does CAKE solve?

CAKE helps businesses streamline work with tools for time tracking, communication, and project management, saving them from the chaos of juggling multiple apps.

Cake.com

Cake.com

How did Nenad come up with the idea for CAKE?

Nenad Milanović came up with the idea for CAKE.com by leveraging his own company's needs and experiences. He wanted to build a SaaS company on his terms, so he ran a consulting business to fund his side projects. Nenad observed that the existing productivity tools his team used lacked features they needed and were often overpriced, leading him to create alternatives like Clockify, Pumble, and Plaky.

To validate his ideas, he assessed the tools his team used and identified what improvements were needed. Nenad's approach was to "eat his own dogfood" by developing products his team would use internally. With limited resources, they had to be cost-effective, so they researched competitor...

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Sources (3)

cake.com cake.com indiehackers.com
3 articles
cake.com
cake.com Article · 2023
The future of work from a leader’s perspective: An interview with CAKE.com’s CEO Nenad Milanovic
The future of work from a leader’s perspective: An interview with CAKE.com’s CEO Nenad Milanovic In recent years, the pand...
cake.com
cake.com Article · 2021
CAKE.com
One suite, one team CAKE.com Inc. helps hundreds of thousands of businesses across the world organize and run their business with the su...
indiehackers.com
indiehackers.com Article · 2025
After 10 Years of Building Side Hustles, This Founder Built a $25M+ ARR Success
CompanyCAKE.comFounderNenad Milanović RevenueBetween $2MM and $8MM a monthNenad Milanović  was determined to create a viable SaaS company...

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