SPIKE // VENTURESPortfolio / BuilderPace / Business Model
● OnlineExit ⟶
Business Model

One number replaces a whole role.

A simple per-project subscription that lives in the tools builders already use. Move the levers — the unit economics recompute live.

Assumptions

Drag to model. Presets set a scenario.
Price / month$299
Gross margin85%
Monthly churn3.0%
CAC (per customer)$400
Model assumes the first project is free (baked into CAC as an acquisition cost). Churn is monthly logo churn; lifetime = 1 / churn. LTV is gross-margin contribution over lifetime.
LTV : CAC
6.3×
Healthy — comfortably above the 3× venture benchmark.
Lifetime Value
$8,400
≈ 33 mo lifetime
CAC Payback
1.6 mo
Months to recover CAC
Annual GM / customer
$3,050
Gross-margin contribution
LTV:CAC vs 3× target
6.3×
01

Land & expand

The free first project removes all risk, then converts to a recurring per-project subscription that scales with the builder.

02

Sticky by design

Once Pace holds every document, schedule, and client thread, he becomes the builder's memory — and switching means losing it.

03

Big, underserved market

Millions of small builders and remodelers with no real software and high willingness to pay for time back.

BuilderPace
Prepared for Spike Ventures · Confidential · builderpace.com