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Churnkey

Churnkey

Software Development

Charleston, SC 1,716 followers

The go-to retention platform for SaaS and subscription businesses.

About us

Churnkey is a retention automation platform that reduces churn, facilitates payments, and drives more revenue for companies built on recurring revenue. Our platform makes it easy to quantify retention opportunities and implement retention flows for voluntary churn/cancellations, failed payments, reactivations, and more. Our slate of products include personalized cancellation flows, failed payment recovery, reactivation campaigns to win back customers, retention analytics, and more. We specialize in helping self-serve subscription offerings such as SaaS companies, consumer memberships, nonprofits, news/media publications, and streaming companies.

Website
https://churnkey.co
Industry
Software Development
Company size
11-50 employees
Headquarters
Charleston, SC
Type
Privately Held
Founded
2020
Specialties
customer success, business intelligence, churn prediction, retention, subscription business, churn reduction, analytics, SaaS, Subscription Revenue, Retention Automation, PLG, Product-Led Growth, churn analytics, retention analytics, Dunning, Failed Payment Recovery, Lifecycle Marketing, RevOps, SaaS Churn, Donor Retention, and Subscription Retention

Locations

Employees at Churnkey

Updates

  • Churnkey reposted this

    View profile for Scott Hurff

    Churnkey Cofounder 🔑 Previously: Founding Team at Casa, Creator of Super Like at Tinder

    We've watched companies guess their way through retention for years. 50% off for everyone. Manual translations (or none at all). Reactionary compliance updates. Revenue leaks thanks to legacy pricing paths nobody caught. But after processing 700 million billing events, and extending $550 million in LTV for Churnkey's customers, we realized it was time to get more intelligent: which customers will accept which offer. What product gaps actually cost you. Where money quietly disappears each month. On October 1, we're showing what happens when you get smarter about retention. Not by using chatbots. Not by using generic LLMs. By using Churnkey's unique dataset, focused exclusively on helping your business retain more customers. Join us for a half an hour walkthrough. See it before your competitors do. Link in comments 👇

  • Churnkey reposted this

    View profile for Scott Hurff

    Churnkey Cofounder 🔑 Previously: Founding Team at Casa, Creator of Super Like at Tinder

    Heading up to Stripe Sessions today. If you're there, let's hang out. Ping me or leave a comment. It's the first time Churnkey is a sponsor and we'll be at Booth 104. You can also get a free coffee on us at the coffee cart on Level 2 in Moscone West. Take some pressure off that per diem. We're in some good company, no?

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  • Churnkey reposted this

    View profile for Glenn Leese, MBA

    Chief Growth Officer at Scanz | Ex-TradingView & The Motley Fool. Passionate about B2B SaaS end to end. MVP -> GTM -> PMF -> Scale. All with ruthless ICP focus.

    Churnkey’s State of Retention 2025 report is out — and if you’re in SaaS growth, this one’s worth your time. A few takeaways that jumped out: - Even a “decent” 5% monthly churn rate = you’re losing nearly half your customers every year. Not a killer, but means a lot of work on new acquisitions to keep things moving. Not ideal. Everyone works harder on everything else when retention is not prioritised. - Most users don’t leave because the product sucks — budget constraints are the #1 reason for cancellation. Although, hidden behind “budget” is a bunch of real reasons - don’t overlook them. Dig deep. - Personalized offers at the point of cancellation are still one of the most effective tools to save a customer. Making sure you sell to the right customer is even more important :-) Across the brands I’ve worked with, retention work has always been about precision and targeting. It’s understanding who your customers are, why they’re leaving, and whether you even want to keep them (or acquire them in the first place!) The report is very consistent with my own experiences. Curious — what’s actually worked for you when it comes to retention? Drop your best tactic (or biggest surprise) in the comments. Report can be found here - https://lnkd.in/gC5VU7Fd Ps. If you need to understand more about your ICP which I’d argue is incredibly well linked to churn and retention, I recently wrote an article about it here - https://lnkd.in/d9CGuhCH #saasgrowth #saas #retention #growth #CGO #CMO

  • Churnkey reposted this

    View profile for Baird Hall

    Co-Founder & Chief Growth Officer | Churnkey.com

    Always amazing to see your product in the wild. Thanks Vukasin Vukosavljevic for sharing what's working well after getting Churnkey in place 👏

    View profile for Vukasin Vukosavljevic

    Building growth engines | CMO @ HeyReach ($8M ARR in 26 months, 60%+ profitability) | Growth Mentor | Speaker

    Every churned user hurts... But this one stings less. This user got ROI and paused their account instead of canceling it. Not too bad. 😇 Once they close all these leads, I hope they’ll reactivate. I've been playing around with all sorts of retention experiments at HeyReach. This particular path in our "churn funnel" is interesting because it's atypical and broadens horizons. 1. Users pause subscriptions for various reasons (too many leads, seasonality, restructuring...), so it makes sense to give them the option to keep their data 2. Reactivation MRR/ARR is my main scoreboard where I track these movements 3. Agreeing with Rand Fishkin's point from last year, LTV isn't just the number of months someone subscribes before canceling. Even though HeyReach doesn't have high churn volatility, sometimes I view LTV as the sum of multiple subscription periods (LTV1 + LTV2 + LTV3) It’s interesting to play with these and I’m glad to see it makes sense for specific user scenarios. After all, our retention game is pretty straightforward. User activation → User conversion → User win rate However, user journeys, lifetime values, usage patterns, and business scenarios can vary. It’s my job to help them win on their terms. 🫡

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  • Churnkey reposted this

    Ever had a cancellation experience so good it makes you want to stay? Most businesses dread cancellations, but what if your cancellation flow wasn’t just a dead end? What if it became a chance to retain fleeing customers—on autopilot? I recently tried to cancel my paid Calendly subscription, and their cancellation flow blew me away. It’s a masterclass in using every step to remind customers of the value they’re about to lose—and even convert them back into paying users. Here’s the breakdown: Step 1: No "Cancel" Option—Only "Downgrade" Instead of a hard “Cancel” button, I had to select "Downgrade." 👉 Why it works: It reframes the action as less final and keeps the door open for retention. Step 2: A Screen to "Choose a Plan That Fits" I was presented with three premium plans displayed prominently, with a smaller, less noticeable option to "Switch to the Free Plan." 👉 Why it works: Customers are subtly encouraged to stick with a paid option, avoiding the free plan unless absolutely necessary. Step 3: "Why Are You Canceling?" They asked for my reason. I selected: "I do not need Calendly anymore." 👉 Why it works: Gathering feedback helps the company understand churn drivers and tailor the next steps to address them. Step 4: A Sizable Discount Offer Next, I was offered 30% off my previous plan for 12 months with the headline: "Take a discount on us to keep scheduling." 💡 Genius: They tied the discount directly to the value prop—reminding me of what I’d lose (efficient scheduling) if I canceled. But be careful of users abusing this to get discounts on paid accounts 🤫 Step 5: A Final Reminder of What I’d Lose Before confirming, I saw a list of features I’d lose by canceling. 👉 Why it works: This final nudge plants a seed of doubt about the decision, giving me one last reason to reconsider. The Takeaway: Calendly turned a cancellation flow into a powerful retention tool. They made me think about the value I’d lose, offered an incentive to stay, and captured valuable feedback—all on autopilot. Here’s the lesson: If you’re treating cancellations as the end of the road, you’re leaving money on the table. With the right flow, you can: ✔️ Reframe cancellations as downgrades. ✔️ Highlight the value customers are about to lose. ✔️ Offer well-timed incentives. ✔️ Learn from the feedback to reduce churn long-term. Are you using your cancellation flow to its full potential? #sales #retention #saas

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Funding

Churnkey 1 total round

Last Round

Series unknown

US$ 1.5M

See more info on crunchbase