In this episode of SaaS Founder Stories, I talk with Travis Knipe, CEO of StarRez, about how he built a category-defining platform in student housing — bootstrapped, profitable, and global — before ever raising outside capital. This is what it looks like to raise with purpose, not pressure.
KEY TAKEAWAYS
→ StarRez scaled to 1,300+ institutions before raising capital
→ The decision to raise came from a place of strength, not survival
→ Partner fit mattered more than valuation or speed
→ Capital unlocked strategic hiring, global expansion, and product acceleration
→ Profitability and culture stayed intact after the raise
SOUND BITES
→ "We didn’t raise to survive. We raised to amplify what was already working."
→ "Capital should help you be more of who you are — not change your DNA."
→ "Our investor wasn’t a brand play — it was a values match."
→ "You don’t need to raise to win. But if you do, raise with leverage."
If you're a founder thinking about raising your first round — or wondering whether you should at all — this one’s a masterclass in raising with clarity. Subscribe to SaaS Founder Stories wherever you listen.
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
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Dateline NBC
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