Company Updates

2021 Year in Review – Stable

January 5, 2022
Sarah Ahmad

After graduating from Y Combinator and acquiring 100+ customers in 2020, we knew going into 2021 that we were onto something big. With the wave of companies going remote, more and more businesses have been searching for a virtual address and mailbox solution to replace their physical office, digitize back-office operations, and collaborate easily with a distributed team. All of which has been fueling our growth.

2021 was an incredible year for Stable. By focusing on an intuitive product and a delightful customer experience, we've been able to build a truly differentiated solution in the virtual address and mailbox space. We've created something that people need and love, and have grown our market share as a result. Here’s a snapshot of what we’ve been able to accomplish below.

2021 at a Glance

  • 5.6x growth in MRR
  • 11.5x growth in pieces of mail processed
  • Net promoter score of 72
  • Raised funding from SHAKTI, 22VC, Cough drop Capital, Jack Altman (CEO, Co-founder at Lattice), J Zac Stein (President, Chief Product Officer at Lattice), and Sara Sutton (CEO, Founder at FlexJobs)

Product updates

Stable Dashboard

The Stable Dashboard “All Mail” view
The Stable Dashboard “All Mail” view

In the past year, we’ve been able to unveil new, exciting features to better serve our customers. We shipped bulk mail actions, onboarding self-service, advanced settings, automations, registered agent services, and Stable Reminders, to name a few.

We also love feedback from our customers on how we can continue to make handling mail easier and more delightful. Building while staying close to our customers is one of our superpowers, and is what makes using Stable so easy and intuitive.

In the words of many of our customers –– “it just works!”

Mail Operations

We can’t forget the behind the scenes of what goes on at the physical mail facility. There are many operational steps that go into every single piece of mail we process. We understand the importance of accurately handling and processing mail quickly, especially when someone may be waiting for an important document. 

In the last year, we invested in our mail operations infrastructure and hardware to make mail processing faster and more efficient. We have upgraded our scanners, built a lot of software in-house, and are well-equipped to handle spikes in volume in the coming years.

Growing the team

A brainstorming session at our first retreat in NYC
A brainstorming session at our first retreat in NYC

Of course, none of what we accomplished would be possible without our amazing team. At the beginning of 2021, we (the founders) were behind every single customer support email, on-boarding call, and bug fix –– and while we still do many of these tasks to stay close to our customers, we knew we needed to move faster to keep up with our unprecedented growth. So we found some awesome individuals to join the team.

Today, we are a distributed team of 7 that helps out with customer experience, growth, engineering, operations, and everything in between. The contribution of every single team member is imperative to making sure that mail is processed quickly (typically same day) and our customers continue to love using Stable. We're also hiring in 2022!

Our December “Stable Social” where we got together to bond and play virtual games
Our December “Stable Social” where we got together to bond and play games

Looking forward to 2022

This past year has gone by incredibly fast, and yet when I look back on everything we were able to accomplish, I only get more excited about what we are going to build in 2022. 

We have ambitious plans in 2022 to increase our address network, build out highly requested features, and grow our customer-base. And this time, we are better equipped than ever before to tackle everything that comes our way. 2022 is going to be the best year yet.

To our customers, investors, and team, thank you for being a part of this journey. Happy New Year!


At Stable, we provide permanent virtual addresses and mailboxes so you never have to worry about mail or changing addresses again. We’ll digitize all mail that you receive here, and you’ll be able to scan, forward, shred, (and even deposit checks!) from anywhere in the world.

Get started with Stable here if you’d like a virtual business address + mailbox in less than 3 minutes. 

Disclaimer: Stable is not a legal or accounting firm, therefore we cannot provide legal or tax advice. You should consult legal and tax professionals for advice on how to meet ongoing obligations that apply to you and your company.

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