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Tenstreet: The Invisible SaaS Powerhouse
A $33M revenue machine operating in the shadows of the recruitment tech world
While tech media obsesses over flashy AI startups, a 223-person sales tech company quietly generates $33.6M in annual revenue from the recruitment trenches. Tenstreet isn't chasing headlines—it's building the infrastructure for the billion-dollar temp staffing industry.
"Tenstreet proves that the most valuable SaaS companies often serve the most unglamorous industries."
The Staffing Industry's Silent Backbone
Operating in the recruitment tech space, Tenstreet serves temp staffing agencies—the backbone of the gig economy. With 223 employees and $33.6M in revenue, they maintain a lean 150K revenue per employee ratio, suggesting high-margin, efficient operations. Their client base likely includes mid-to-large staffing firms that need to manage thousands of temporary workers across industries like logistics, healthcare, and retail.
The Growth Equation: Niche Focus + Scale
Tenstreet's growth formula appears deceptively simple: dominate a vertical, then expand. The company's 223-employee headcount suggests they've reached the scale where operational efficiency becomes critical. Their tech stack—featuring jQuery, core-js, and Tailwind CSS—indicates a pragmatic, performance-focused approach rather than chasing bleeding-edge frameworks. This is a company that ships code, not hype.
What's striking about Tenstreet is their complete absence from public traffic metrics. No monthly visits, no global rank, no organic keywords—this isn't a consumer-facing product. It's pure B2B infrastructure. The company's leadership team, led by CEO Craig Johnson, represents classic SaaS operator profiles: seasoned, low-profile, and focused on execution rather than personal branding. The presence of a General Counsel (Shannon Wheeler) suggests they're navigating complex compliance requirements in the staffing space.
- Operates in the unsexy but lucrative temp staffing vertical
- Maintains a lean 223-person team for $33.6M revenue
- Uses pragmatic, battle-tested tech stack (jQuery, Bootstrap, Tailwind)
- Zero public footprint suggests pure enterprise B2B model
- Leadership team has deep industry expertise, not tech celebrity status
The Real Lesson: Vertical Domination Beats Horizontal Chasing
Tenstreet's $33M revenue proves that owning a niche is more valuable than chasing broad market trends. For founders and investors, the takeaway is clear: stop looking for the next unicorn and start looking for the next essential infrastructure play in an overlooked industry.
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tenstreet.com uses 22 technologies across their website including YouTube Embed, Font Awesome, HSTS, and more.
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