“The first thing that we needed to understand was what our customers really needed: how they needed to work with us to solve when an issue arose, when something maybe didn’t work as expected. The main thing has been being there for our users, and obviously at the start when we were just scaling, and this was really a good thing as well. We gathered a lot of data, a lot of their needs”.

– Miquel Palet, Founder of GetInvoice.

Today I’m speaking with Miquel Palet, Founder of GetInvoice. 

Miquel Palet is a Barcelona-based entrepreneur and product leader, known for founding Ucademy, an Edtech platform, and GetInvoice, a tool for automating invoice retrieval from emails and other sources. With a background in engineering from Universitat Politècnica de Catalunya, Miquel combines technical expertise with a passion for simplifying business processes. 

His solution, GetInvoice, is an AI-driven invoice automation software that automatically retrieves and processes invoices and receipts from emails and web portals, including Amazon and Google Ads. The software is already used by more than +1,000 freelancers, startups, and small businesses around the world that are looking to automate their pre-accounting work and save +10 hours every week.

Some of the highlights of this episode include:

• His journey from co-founding Ucademy to creating Get Invoice, an AI-powered invoicing tool serving small businesses in Europe and the US.
• How his ventures reflect a commitment to innovation and user-centric solutions.
• Generating $10,000 in annual recurring revenue.
• Emphasising the importance of user feedback, security via Google and Outlook APIs.
• Sharing insights on managing language diversity and his reading habits.

0:02:31 – Entrepreneurship in Spain: Miquel shares the challenges and rewards of building a business in Spain’s unique environment.

0:04:13 – Founding Ukademy: Inspired by personal experience, Miquel co-founded Ukademy to help students prepare for exams online.

0:05:37 – Origin of Get Invoice: The need to organize scattered invoices led to the creation of Get Invoice as an internal tool.

0:07:35 – Ideal Clients: Get Invoice mainly serves small businesses in Europe and the United States, focusing on automation.

0:08:27 – Data Security: Miquel explains how Get Invoice uses strict security measures and APIs to protect user data.

0:09:36 – Growth Milestones: Achieving and quickly tripling $10,000 ARR validated Get Invoice’s product-market fit and growth.

0:10:37 – Competing Bootstrapped: Miquel describes staying competitive by focusing on user needs and rapid product development.

0:13:12 – Creative Marketing: Inspired by Spotify Wrapped, Get Invoice launched a campaign offering users annual email insights.