Five million users. Eight-figure annual recurring revenue. Twenty thousand new users joining daily. These are some solid numbers for a startup called Turbo AI launched in early 2024 by Rudy Arora and Sarthak Dhawan, two 20-year-old college dropouts.

Most of this growth has come in the past six months, the founders tell TechCrunch, during which their AI-powered note-taking and study tool grew from one million to five million users, while remaining profitable.

They say the idea for Turbo stemmed from a classroom problem many college students face, which is trying to take notes while paying attention to a lecture at the same time.

“I would always struggle with taking notes because I just couldn’t both listen to the teacher and write at the same time.

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