Tailride: Revenue, sale and how it was built
Tailride (AI invoice and receipt collection for small companies and accountants, Spain): Passed to a new owner after US$18.97K of Stripe revenue in one month, March 2026. Evidence grade A: disclosed by a company or a filing, or verified by a payment processor. Team: 1 named founder; no source gives the headcount before the change of owner (the new owner's About page lists 3 people). Launched October 2024; sold 17 months after launch.Added 25 October 2026
- Outcome
- Passed to a new owner after US$18.97K of Stripe revenue in one month, March 2026
- Evidence
- A disclosed by a company or a filing, or verified by a payment processor
- Launch
- October 2024
- Status
- Sold, 17 months after launch
- Team
- 1 named founder; no source gives the headcount before the change of owner (the new owner's About page lists 3 people)
- Outside funding
- No outside funding found in any source
- Main channel
- Not stated
Tailride is a web application for collecting invoices. It connects to Gmail, Outlook or any other mailbox, finds the invoices and receipts in the messages, and uses AI to read each one. A browser extension, a small program that runs inside the customer's Chrome browser, fetches the invoices that suppliers show only on their own websites. The product started in October 2024 as GetInvoice, at get-invoice.com, and was renamed Tailride in mid-2025. The founder, Miquel (Miki) Palet, ran it from Spain through his company ARBICHAT, S.L., according to the terms of use of that time.
The money figures on this page are verified revenue: TrustMRR, a site that reads revenue directly from a company's payment provider through an API key, reads this business's Stripe account. That account received US$12,631 in November 2025, US$18,970 in January 2026 and US$18,598 in March 2026, and US$119,345 in total. A run rate is one month's revenue multiplied by twelve; January 2026 equals about US$227,640 a year.
Between February and March 2026 the business passed to a new owner. The site's own pages show the change: by 13 February 2026 the footer linked to Mike Erman instead of the founder, on 11 March 2026 an About page named Mike Erman as CEO, and terms dated 31 March 2026 name Tailride S.à r.l., a company in Luxembourg, as the operator. No source states a sale, a buyer, a date or a price, so this page says only that the business passed to a new owner and that the sale terms were not disclosed. From April 2026 almost no revenue reached the founder's Stripe account, while the site stayed live; the later revenue went elsewhere. The founder's next business is Zernio, formerly Late, a social media API that says it uses "Official APIs only".
How much did Tailride make, and what was it sold for?
Each row shows the evidence grade and the source numbers from the list at the end of this page. The grades are explained in How Aiolum verifies.
| Fact | Value | Grade | How we know | Sources |
|---|---|---|---|---|
| Verified revenue, January 2026 | US$18,970 | A | TrustMRR monthly revenue timeline, read from the Stripe account through an API key. The best month in the record and the last full month before the footer of the site changed to the new CEO. | [1] |
| Run rate at the January 2026 figure | about US$227,640 a year | calc | Calculated: 18,970 multiplied by 12 equals 227,640. | [1] |
| Verified revenue, November 2025 | US$12,631 | A | December 2025: US$13,465. | [1] |
| Growth from November 2025 to January 2026 | about 50% | calc | Calculated: 18,970 divided by 12,631 equals 1.502. | [1] |
| Verified revenue, February and March 2026 | US$15,254 and US$18,598 | A | These months fall in the handover period, when the site already named the new CEO but the founder's Stripe account still received the payments. | [1, 4, 5] |
| Verified revenue, all time | US$119,345 | A | TrustMRR, data synced on 25 October 2026. | [1] |
| Revenue up to the end of March 2026 | about US$114,757 | calc | Calculated: 119,345 minus 3,980 (April 2026) minus 608 (June 2026). The profile lists no other month after March 2026. | [1] |
| Revenue after March 2026 on the founder's Stripe account | US$3,980 in April, US$608 in June, US$0 in the 3 months to 25 October 2026 | A | Current monthly recurring revenue US$34 with 1 active subscription. The site was still live in October 2026, so the later revenue went to another account; no source says which. | [1, 13] |
| Founded | 29 October 2024 | C | Founded date entered on the TrustMRR profile. The first Wayback copy of GetInvoice, the original name, is from 12 November 2024. | [1, 9] |
| Operator until February 2026 | ARBICHAT, S.L., a Spanish company | C | Terms of use, last updated 10 October 2024, with the contact address [email protected]. A copy of 16 February 2026 still names ARBICHAT, S.L. but gives [email protected] as the contact. | [3] |
| Operator from 31 March 2026 | Tailride S.à r.l., Luxembourg | C | Terms and privacy policy, last updated 31 March 2026. The About page, first copied on 11 March 2026, names Mike Erman as CEO, with a CTO and a marketing and support manager. | [5, 7] |
| Sale terms | not disclosed | C | No downloaded source states a sale, a buyer, a date or a price. The change of owner is read from the site's footer, About page and terms. | [4, 5, 7] |
| Team before the change of owner | 1 named founder; headcount not stated | C | Until January 2026 the footer said the site was made by the same creator as getlate.dev and linked only to the founder. No source gives a staff count. | [2] |
| Entry price, January 2026 | US$19 a month for 50 invoices a month; 10 invoices a month free | C | Pricing page description and home page FAQ. | [2, 8] |
| Time from launch to the change of owner | 17 months | calc | Calculated: October 2024 to March 2026. | [1, 7] |
How to read this table: a grade A value was read by TrustMRR from the company's Stripe account. A grade C value comes from the company's own pages or the founder's profile text. An X value was computed on this page from the rows above it. Figures after March 2026 belong to the new owner's period and are shown only to explain the drop.
| Plan | Per month, billed yearly (US$) | Per month, billed monthly (US$) | Limit |
|---|---|---|---|
| Free | 0 | 0 | 10 invoices a month |
| Starter | 13 | 19 | 600 invoices a year, 2 connected email accounts |
| Growth | 34 | not shown | 3,000 invoices a year, 8 connected email accounts |
| Scale | 69 | not shown | 6,000 invoices a year, 20 connected email accounts |
| Premium | 138 | not shown | 12,000 invoices a year, unlimited email accounts |
Yearly billing gave 4 months free, and monthly plans had double credits in the first month. Add-ons in January 2026: automatic forwarding of invoices to any email address for US$20 a month, and human-powered manual retrieval from all portals for US$500 a month. In October 2026 the new owner kept the same yearly prices with higher limits (900, 4,200, 9,000 and 18,000 invoices a year) and no longer listed the human retrieval add-on.
When did Tailride launch, and how did it grow?
From a Gmail invoice finder in October 2024 to a new owner in March 2026, 17 months later. Each entry carries its grade.
- 10 October 2024CARBICHAT, S.L., the founder's Spanish company, dates the first terms of use. The service then only connects email accounts to find invoices. [3]
- 29 October 2024CFounded date on the TrustMRR profile. [1]
- 12 November 2024CFirst Wayback copy of GetInvoice: connect Gmail accounts, scan past dates, extract invoice data, download as CSV or ZIP, 10 invoices a month free. [9]
- 16 January 2025CGetInvoice now connects email accounts and web portals, with 16 supported supplier websites such as Amazon, AWS, ChatGPT and Meta Ads. [9]
- May to July 2025CThe product is renamed. A copy of 16 July 2025 shows the banner "GetInvoice is now Tailride!". [10]
- November 2025AUS$12,631 of revenue in one month on the Stripe account. [1]
- January 2026AUS$18,970 in one month, the highest month in the record. The footer still says the site comes from the same creator as getlate.dev. [1, 2]
- 13 February 2026CThe footer now links to Mike Erman, and the contact address is [email protected]. [4]
- 11 March 2026CAn About page names Mike Erman as CEO. The founder's quotation on the home page now calls him founder of Late. [5, 6]
- 31 March 2026CNew terms and privacy policy name Tailride S.à r.l., Luxembourg, as the operator. March revenue on the founder's Stripe account is US$18,598. [7, 1]
- April to October 2026ARevenue on the founder's Stripe account falls to US$3,980 in April, US$608 in June and zero from late July. The site stays live under the new owner. [1, 13]
- 2026CThe founder's other product, Late, is renamed Zernio. Its About page lists 9 people and no outside money. [11, 12]
Why did Tailride work?
Four causes, in the order they mattered. Each one is a reusable lesson.
Read the inbox instead of asking for forwards
Many invoice tools give the customer a special email address and ask everyone to forward invoices to it. Tailride connected to the inboxes directly, including the inboxes of colleagues, and scanned them every day and backwards in time. A finance person did not have to remember anything, and past quarters could be recovered in one scan.
Supplier websites through the customer's own session
Some suppliers, such as Amazon or Meta Ads, show invoices only on their website. The Chrome extension fetched them with the browser session in which the customer was already logged in. The January 2026 home page says: "You don't have to give us access to any of these portals."
AI extraction plus rules in plain language
When an invoice was found, AI filled in all its fields. Customers then wrote their own rules as sentences, for example to exclude one sender or to set a tax rate, so the AI had the context to check the result. This replaces the manual review step that older tools left to the customer.
A free tier and a small entry price
Ten invoices a month were free without a card, and the first paid plan cost US$19 a month in January 2026. The plans were priced by number of invoices, so the price grew with the customer's volume. Accountants with many clients had their own page.
How it was built
These details come from the company's own pages of the founder's period (grade C) and from the TrustMRR profile (grade A for the payment provider). [1, 2, 8]
- Mailbox connections for Gmail, Outlook and any IMAP mailbox. The January 2026 FAQ says the use of data received from Google APIs follows Google's API Services User Data Policy, including its Limited Use requirements.
- A Chrome extension that collects invoices from supplier websites with the customer's own logged-in browser session. The Telegram and WhatsApp bots accept photos of paper receipts.
- AI fills in the invoice fields, and customer rules written as sentences adjust the result. Bank statements in PDF or CSV are matched against the invoices to show what is missing, across currencies.
- Exports to QuickBooks, Xero, Business Central, Google Drive, Google Sheets and OneDrive, and a DATEV XML file for German accounting.
- Data stored in the European Union, in AWS Spain, according to the January 2026 FAQ. The app passed a Cloud Application Security Assessment (CASA) Tier 2 under the App Defense Alliance.
- Stripe for payments, connected to TrustMRR through an API key. A feature request board on Featurebase and an affiliate program paying 50% commission.
Tools named in the sources
Each one opens its page in the Tools tab, with every story that uses it.
Who tried this before Tailride, and why did they fail?
Four companies in the Loot Drop database promised to automate the paperwork of small companies' finances or administration before language models could read any document. The values below are from that database and are not independently verified.
ScaleFactor
The promiseAutomated bookkeeping for small and medium businesses, with machine learning replacing the accounting firm.
Why it diedIts machine learning models could not do the accounting work reliably, marketing promised more than the product did, and support costs were higher than planned.
NetBooks
The promiseA simple online accounting system for small business owners without finance staff.
Why it diedIt could not stand out against QuickBooks, customer acquisition was expensive, and it lacked features that competitors added.
Sleek
The promiseExpense management and corporate cards for small and medium businesses.
Why it diedIt entered a market that Brex and Ramp already held with far more money, and small customers produced too little card revenue to pay for their acquisition.
Olive AI
The promiseSoftware bots that do the repetitive administrative work of hospitals, such as claims and billing reconciliation.
Why it diedThe bots needed custom integrations for each client and broke when a hospital changed its software or forms, so serving a customer cost more than it paid.
The failed startups come from Loot Drop, a free database of dead startups, retold here in our own words. Loot Drop describes its entries as AI-assisted summaries of public sources, so these cards carry no evidence grade.
What changed
ScaleFactor tried to automate the whole bookkeeping of a company with its own machine learning models and closed after US$100 million, because the models could not do the work reliably. Olive AI's bots did narrow administrative tasks but broke whenever a form changed, and each client needed its own integration work.
Tailride took a smaller task: find the invoices and read them. Language models read invoices of any layout without a template per supplier, and the customer could correct them with a sentence instead of a support ticket. The supplier websites were reached through the customer's own browser session, not through a custom integration per client. With this scope, the Stripe record shows US$114,757 of revenue in 17 months under one named founder.
Can one person copy Tailride now?
The pattern, yes. The category is crowded.
Tailride's own pages name the products it replaces: GetMyInvoices for supplier websites, Dext and Hubdoc for accounting exports, Wellybox and SparkReceipt for inbox scanning. Any team can call the same language models, so the work is in the mailbox and website connections, the security review for mailbox access, and the export to each accounting system.
Where it is still open: The same approach fits other documents that arrive by email or wait on supplier websites: delivery notes, contracts, payslips, utility bills for property managers, or customs papers for small importers.
- 1Pick one repeated back-office task with a clear end, such as collecting invoices before the quarterly tax filing.
- 2Read the data where it already is (the inbox, the supplier website) instead of asking users to move it.
- 3Let customers correct the AI with rules in plain language, so the manual check disappears.
- 4Price by volume with a free tier, and make a separate page for accountants who bring many clients.
What could go wrong for Tailride?
The risks are the mirror image of the causes above.
What is not verified
The revenue figures are verified by TrustMRR from the founder's Stripe account. The change of owner is not: no source states a sale, a buyer, a date or a price. The site's own pages show that the footer linked to Mike Erman by 13 February 2026, that an About page named him CEO by 11 March 2026, and that terms dated 31 March 2026 name Tailride S.à r.l. in Luxembourg as the operator. This page therefore says that the business passed to a new owner and that the sale terms were not disclosed. Where the revenue went after March 2026 is not shown. A reader could look for a sale announcement by the founder or the buyer, or for the Luxembourg company's filings.
Team size before the change
Only the founder is named for the period up to January 2026, and no source gives a headcount. In January 2026 the pricing page sold human-powered retrieval of invoices from portals for US$500 a month, which needs people to do the work. The founder also ran Late, now Zernio, which lists 9 people.
Logins to supplier websites
In the founder's period the extension used the customer's own browser session and asked for no portal passwords. Under the new owner, a desktop app can store supplier passwords on the customer's computer, protected by macOS Keychain or Windows DPAPI; the company writes that they are not sent to Tailride, and that CAPTCHAs and SMS codes still need the user. This page did not check each supplier's own terms on automated sign-in.
A changing monthly record
A copy of the TrustMRR profile from 12 October 2026 showed US$4,361 for October 2025; the live profile of 25 October 2026 shows US$2,130 for the same month. This page uses neither figure for its headline.
Dependence on mailbox access
The main input is the customer's inbox. The company states that it follows Google's API Services User Data Policy and passed a CASA Tier 2 security assessment. A change in the rules of Google or Microsoft for mailbox access would reach the core of the product.
Sources
The grade next to each source is the best grade that the source can support. "Read in full" means that the text of the page was downloaded and the numbers were checked in it.
- A TrustMRR profile of Tailride (markdown), data synced 25 October 2026Read the markdown profile. The monthly revenue, all-time revenue and current subscription figures come from its Verification Sources section (Stripe, API key); the founded date and the description are founder-written text (grade C).
- C Tailride home page, Wayback copy of 24 January 2026Read in full. The last copy with the founder's footer; source for the features, the FAQ and the portal method.
- C Tailride terms of use, Wayback copy of 18 October 2025Read in full. Names ARBICHAT, S.L. as the operator. A copy of 16 February 2026 was also read.
- C Tailride home page, Wayback copy of 13 February 2026Read the footer and compared it with the January copy: the founder's link and the getlate.dev line are replaced by Mike Erman's link.
- C Tailride About page, Wayback copy of 11 March 2026Read in full. The first archived copy of the page; names the new CEO, a CTO and a marketing and support manager. The live page in October 2026 lists the same three.
- C Tailride home page, Wayback copy of 11 March 2026Read the testimonial and footer: the founder is now called founder of Late.
- C Tailride terms and conditions, last updated 31 March 2026Read in full (live page, 25 October 2026, and a Wayback copy of 3 May 2026). Names Tailride S.à r.l., Luxembourg. The privacy policy of the same date says the same.
- C Tailride pricing page, Wayback copy of 24 January 2026Read in full. Source for the plan table and add-ons of the founder's period; the monthly prices of the larger plans are not in the copy.
- C GetInvoice home page, Wayback copies of 12 November 2024 and 16 January 2025Read both copies in full. Source for the first product and the addition of web portals.
- C Tailride home page, Wayback copy of 16 July 2025Read the banner about the rename from GetInvoice. A GetInvoice copy of 17 May 2025 still used the old name.
- C Zernio About page, read 25 October 2026Read in full. The founder's next company: team of 9, bootstrapped, founded 2025. The home page was read for the words "Official APIs only".
- C Zernio rebrand page: Late is now ZernioRead in full. Confirms that getlate.dev, named in Tailride's old footer, is now Zernio.
- C Tailride home page, read 25 October 2026Read in full. Shows the site live under the new owner, with the desktop app and the current portal method. Not used for founder-period facts.
- C Tailride blog, 7 October 2026: GetMyInvoices Alternative: Desktop App with Local Password StorageRead in full. The new owner's description of local password storage; a post of 6 October 2026 on TOTP sign-in was also read.
- C Tailride pricing page, read 25 October 2026Read in full. The new owner's plans, used only for the note under the price table.
- C Loot Drop database export, 1,749 failed startupsLocal export. AI-written summaries, not independently verified. Source for the failed predecessors.