With more than 100,000 paid subscribers, the subscription money they get makes up around 40% of their annual revenue. It is through paid subscriptions that Slack generates the majority of its revenue. First off, they have paid subscription plans.

It has become a sort of a natural successor to email, as Slack offers daily active users a much quicker interaction. It is a SaaS instant messaging tool that is customizable to fit the specifications of your team’s internal communication needs. The Slack app is the glue that holds companies and groups together. Slack’s strategy is to hook users on their free version until they realize they need to upgrade to meet their team’s growing needs.

Slack has four subscription levels that cost up to $15 per person per month - more if you choose the Enterprise subscription. Slack makes money through paid subscribers and investors. In this article, you’ll learn more about how Slack works, how it makes money, and how to decide if Slack is a good choice for your team or organization. Slack offers a free plan, so many people may be wondering, “How does Slack make money?” Slack is a messaging platform that is part email and part text/IM, and it has been adopted by hundreds of thousands of businesses and teams.

Slack monthly cost