Hyrax GTM - Weekly Update

Sep 22 2026
TL;DR

Mostly organic marketing and minimal paid spend until we get a roadmap. Leads are down 54% after cutting paid spend 90%.

METRICS
Spend and leads, last 7 days
 Last 7 daysvs prior
Leads153-54%
Paid spend$5,202-26%
Cost per lead$34
Business-domain leads27
Cost per business lead$193
Onboarding funnel, last 7 days
 PeopleLost here
Account created98
Wizard started4355
Org connected2716
Repo selected225
Confirm reached193
Wizard completed172
Against benchmark
 HyraxBenchmark
Cost per click$4.66$5.58 – $9.76
Cost per lead$34$104 – $524
Business-domain share18%
Connected an org28%25% – 35%

WordStream 2025 and Metadata 2026. Activation across 500+ PLG products. Activation rate 35.7%, zero paid subscriptions.

SHIPPED
  • Product Hunt launch yesterday. Top 5 with 221 upvotes. We missed top 3 so we do not pay the agency.
  • Paid cut Google from $2,000 a day to $250 on the 16th.
  • Budget sent Friday with a Loom.
  • Homepage CTA test the main button on the site is either Start free or Book a demo. Testing which one people click. Even so far.
PRIORITIES — NEXT CYCLE
  • Promoting the Product Hunt results email, organic social and the website.
  • Synter customer referral agreement sign this week. 10% of anything Joel refers that pays for a year.
  • Homepage design putting in better designs based on Neil's recommendations.
  • Demo video adding a new shorter one to the website.
ASKS
OTHER

Budget on hold until after the offsite.·Onboarding we changed the flow. New users land in a workspace with three example repos already audited and scored, 47 findings, before they connect anything. app.hyrax.dev/start/w/acme/repositories·Agencies met Product Hunt and the influencer agency to go through the results. Pausing both until we know what the product is going to be.