Gumroad

About

Gumroad lets creators sell digital products — courses, ebooks, software, memberships, and more — directly to their audience, handling payments, hosting, and delivery so creators can focus on making things. Founded by Sahil Lavingia in 2011, Gumroad raised venture capital early on and pursued rapid growth before a failed funding round in 2015 forced a painful pivot: a 75% staff cut and a shift toward profitability as a small, fully remote team. That leaner version of Gumroad has thrived — revenue nearly doubled to over $20M in 2023 after a pricing change, turning the company profitable while it has paid out more than $300M to creators over its lifetime.