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Headwaters: The B2B SaaS Ghost Town
A $142M heavy industry player with a digital footprint of zero
In an age where every B2B company lives and breathes by its digital presence, Headwaters.com is a fascinating anomaly—a $142M revenue company operating with the stealth of a black-site project. This isn't a startup; it's an established player in heavy industry that has seemingly opted out of the digital economy entirely.
"The ultimate digital ghost: a company generating nine figures in revenue with literally zero measurable web traffic."
The Heavy Industry Paradox
Headwaters operates in heavy industry and engineering—a sector notoriously slow to digitize. Yet, their $142M revenue proves they don't need a digital storefront. This isn't a failure; it's a strategic choice. They're likely selling through long-term contracts, government bids, and direct relationships where SEO rankings mean nothing. Their digital presence is a compliance checkbox, not a growth engine.
The Tech Stack That Isn't
The site runs on jQuery, Bootstrap, and Zendesk—a toolkit designed for functionality, not conversion. There's no analytics, no tracking pixels, no SEO optimization. This is a website built to exist, not to perform. For founders building in heavy industry, this is a critical lesson: if your buyers are procurement officers and project managers, a sleek UI is irrelevant. But the lack of any data capture suggests a missed opportunity for operational intelligence.
The leadership team—Donnie Risher, Elena Monahan, Alan Falls, Jim Johnson, Gina Gonzales—reads like a classic operations-heavy org chart. There's no CTO, no Head of Digital, no growth marketer. This is a company run by people who understand materials, logistics, and P&L, not conversion funnels. It's a testament to the enduring power of industrial relationships, but also a warning sign in a world increasingly moving toward digital procurement.
- Zero organic search presence despite $142M in revenue
- No social media profiles or content marketing strategy
- Tech stack suggests a 'set it and forget it' approach to web presence
- Leadership lacks digital/growth roles entirely
The Analog Titan
Headwaters proves that in heavy industry, digital presence is optional—but for how long? As younger procurement managers demand digital-first interactions, this ghost town will need to rebuild from scratch.
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Eco Material Technologies
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Technology Stack
headwaters.com uses 14 technologies across their website including Font Awesome, Google Fonts, PHP, WordPress, and more.
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Font Awesome, Google Fonts
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PHP
CMS
WordPress
Customer Support
Zendesk
E-commerce & Payments
WooCommerce
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Traffic & Audience
headwaters.com receives approximately 0 monthly visitors. The website has a bounce rate of 0% with visitors viewing an average of 0.0 pages per visit. Users spend an average of 0:00 on the site.
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