Matik raises $20M Series A from a16z Nik Mijic: Bosnian refugee, a16z-backed founder Matik hits $10.7M ARR in 2024 First deal closed at a dinner party for $2,500 From Salt Lake City to San Francisco to Andreessen Horowitz Matik automates millions of business presentations Co-founded with Box IPO engineer Zak Stein Customers include Asana, SalesLoft, Glassdoor, Greenhouse Matik raises $20M Series A from a16z Nik Mijic: Bosnian refugee, a16z-backed founder Matik hits $10.7M ARR in 2024 First deal closed at a dinner party for $2,500 From Salt Lake City to San Francisco to Andreessen Horowitz Matik automates millions of business presentations Co-founded with Box IPO engineer Zak Stein Customers include Asana, SalesLoft, Glassdoor, Greenhouse
Nikola Mijic, Co-Founder and CEO of Matik
Co-Founder & CEO • Matik • San Francisco

Nikola
Mijic

Founder • Operator • Builder

He fled Sarajevo as a toddler, crossed three countries before finishing elementary school, and eventually took a program manager job at LinkedIn where he built the internal tool everyone wanted but nobody had time to productize. In 2019 he stopped waiting and built it himself.

$26M Total Raised
$10.7M ARR (2024)
2019 Founded
$2,500
First ever deal (dinner party)
51%
ARR growth YoY (2023-24)
a16z
Series A lead investor
120+
Team members

The Last Mile Problem Nobody Wanted to Solve

The quarterly business review is a peculiar ritual. A customer success manager spends two hours pulling numbers from Salesforce, another hour reformatting them in Google Slides, and thirty minutes color-correcting the charts to match brand guidelines - all to produce a deck that gets reviewed for maybe twelve minutes on a Tuesday. Multiply that by 300 accounts. That is where Nikola Mijic saw his company.

Nik (most people use the short version) was a program manager at LinkedIn when he built internal tooling that let sales and CS teams auto-populate data-heavy decks with LinkedIn data. The feedback was immediate and enthusiastic. The tool stayed internal. The problem - which he started calling the "last mile dilemma" - stayed unsolved at every other company those LinkedIn alumni moved to.

"We're not trying to replace dashboards. They still have a purpose - there's always the last mile dilemma."

- Nikola Mijic, Co-Founder & CEO, Matik

In January 2019, Nik and co-founder Zak Stein - an early Box engineer who had been there through the company's IPO - started working out of Nik's apartment with no outside funding. They had spent five to six months before that testing the idea: is the problem real, is it technically solvable, and can these two people actually work together? Only after all three cleared did they commit.

What Matik became is a no-code platform that connects to data sources - Salesforce, Snowflake, Google Sheets, Tableau, Looker, Hubspot - and turns them into personalized, auto-generated presentations. A CSM managing 400 accounts can send each customer a quarterly business review deck populated with their specific usage data, renewal timeline, and health score, generated in minutes instead of hours. Not a template. A live, personalized document.

Sarajevo, 18 Months Old, and Moving

Nik was approximately 18 months old when the Bosnian civil war forced his family out of Sarajevo. They spent about 18 months in Hungary, then four and a half years in Germany. Unable to obtain German citizenship - the migration pressures of the early 1990s made that path closed - his parents applied to Canada, Australia, and the United States. They picked Salt Lake City, Utah, partly for the cost of living, partly because family friends had already landed there.

He grew up watching his parents navigate a country where everything was new and nothing was guaranteed. The immigrant work ethic was not a phrase he heard - it was something he watched happen every day. When he eventually told those same parents that he was leaving a stable, well-compensated role at LinkedIn to start a company, they did not push back. They offered to sell their house if he needed capital to get started.

He told his parents he was quitting LinkedIn to start a company. They said: go for it. And offered to sell their house if he needed the money.

Anecdote - The Leap

He studied accounting and economics at Westminster College in Salt Lake City, started in financial services roles, moved into business intelligence, and eventually landed at Bluenose Analytics in 2013 as the company's first non-engineering hire. Bluenose was building predictive analytics for customer retention - identifying the early signals that a customer was about to leave. The experience planted a specific seed: the data and insights existed everywhere in B2B SaaS. Getting them out of a database and into a conversation with a customer was the bottleneck nobody was addressing systematically.

Zero Sales Experience, First Customer at Dinner

Neither Nik nor Zak had a sales background. Their first paying customer arrived at a dinner party. Someone introduced Nik to her company's sales enablement team - they saw the prototype, they wanted to buy. There was no purchase order template. There were no legal terms. Nik made up a price on the spot - $2,500 - and spent the next day scrambling to create a DocuSign contract. That dinner party customer is still a reference.

The early customer acquisition strategy was sharp: target LinkedIn alumni who had moved to other companies. These were people who had already used the internal tools Nik had built at LinkedIn. They recognized the value instantly because they had lived without it. That approach alone seeded 15 to 20 early paying customers before Matik ever ran a formal outbound motion.

"I like to call it data-driven trust - it's trust built by sharing data as proof."

- Nikola Mijic

A former roommate - who had previously sold his own company to Autodesk - provided a $200,000 SAFE, which funded enough prototype work to land a $3.1M seed round from Menlo Ventures. The seed provided two things Matik needed: capital to hire, and the institutional credibility to answer the most common early objection from enterprise prospects: "Will you still be around in six months?"

The Series A came in October 2021: $20M led by Andreessen Horowitz, with Menlo Ventures, BoxGroup, and Ocean Ventures participating. a16z General Partner Kristina Shen joined Matik's board. Total raised crossed $26M. By 2024, Matik had reached $10.7M ARR - up 51% year-over-year from $7M in 2023 - and grown the team to over 70 people.

Even-Keeled by Design

Nik does not believe in getting too high on the wins or too low on the losses. In a company with venture funding and a growth target, the emotional weather inside the office often tracks too closely to last week's numbers. He thinks that is a mistake - the highs destabilize your judgment and the lows destabilize your team. The goal is to stay even-keeled enough to make clear decisions in both directions.

He approaches mentorship with unusual structure. He maintains three types of mentors simultaneously, and rotates all of them every six to twelve months: a "sibling" - a peer he can vent to and get honest feedback from; a "parent" - someone two to three years ahead on the same journey, for tactical guidance; and a "grandparent" - a founder who has built multiple companies and can provide the 50,000-foot view. The rotation is intentional: the advice you need changes as the company changes.

On hiring, he advocates bringing on pairs. Two account executives at the same time, two SDRs at the same time. If one outperforms and one underperforms, you have a signal about individual capability. If both underperform, you have a signal about your process. One data point tells you almost nothing.

"Ruthlessly prioritize - your users and customers are gonna want the world, and it's your job to decipher what is valid and what is habitual."

- Nikola Mijic

He has kept himself involved in deals even after hiring a head of sales. Not because he distrusts the team - because he believes a founder who fully exits selling loses the market pulse that keeps the product honest. The conversations where a prospect explains why they almost didn't buy are not optional intelligence. They are the product roadmap.

How Matik Turns Data Into a Deck

🗄️
Connect
Data Sources
⚙️
Configure
Templates & Logic
🤖
Generate
Personalized Deck
📊
Deliver
At Scale

Matik connects to Salesforce, Snowflake, Google Sheets, Tableau, Looker, HubSpot, and other data sources via SQL and REST APIs. Templates define the logic; Matik handles the generation - charts, tables, text, and conditional slides - producing QBRs, renewal decks, and executive reports in minutes instead of hours.

Trusted By B2B Teams At
Asana
SalesLoft
Greenhouse
Glassdoor
Handshake
Autodesk

From Sarajevo to Series A

~1992
Born in Sarajevo, Bosnia and Herzegovina. Family flees the civil war when Nik is approximately 18 months old, beginning a multi-year journey through Hungary and Germany.
~1997
Family settles in Salt Lake City, Utah after the US immigration application is approved. Parents choose Salt Lake City for cost and the presence of family friends.
2008
Graduates from Westminster College (Salt Lake City) with a Bachelor's Degree in Accounting and Economics.
2009-2013
Roles in accounting, business intelligence, and venture investing: National Benefit Services, University Venture Fund, Grant Thornton (audit intern), TrustedID.
2013-2015
First non-engineering hire at Bluenose Analytics. Conducts user research, builds product requirements for a predictive analytics platform focused on customer retention and churn prevention.
2015-2019
LSS Senior Program Manager at LinkedIn. Builds internal tools that automate data-driven presentations for sales and customer success teams - the product that would eventually become Matik.
2018
Meets Zak Stein through a mutual friend. Spends 5-6 months validating three things: the problem is real, the tech is buildable, and the two founders can actually work together.
Jan 2019
Co-founds Matik. Works from his San Francisco apartment with no external funding. A former roommate provides a $200K SAFE. First customer acquired at a dinner party for $2,500.
2019
Raises $3.1M Seed round led by Menlo Ventures. Uses LinkedIn alumni network to seed first 15-20 paying customers.
Oct 2021
Raises $20M Series A led by Andreessen Horowitz. a16z GP Kristina Shen joins the board. Total raised crosses $23M. Customers include Asana, SalesLoft, Greenhouse, Glassdoor.
2024
Matik reaches $10.7M ARR - up 51% year-over-year. Team grows to 72+ employees. Company integrates AI into the content automation workflow.

Quotes

"Don't let perfection be the enemy of progress."

On early-stage decision-making

"I like to call it data-driven trust - it's trust built by sharing data as proof."

On what business reviews actually accomplish

"Trust is consistency over time."

On Matik's core company values

"Matik is kind of a testament to the sacrifices that they made."

On his parents' refugee journey

"Be quantitative and let the numbers be a guidepost."

Advice to founders and marketers

"I feel like I'm a pretty motivated person, but a lot of that comes back to why I started the company."

On staying motivated through the hard parts

Things You Probably Didn't Know

01

He has an identical twin who is - by his own description - his complete opposite across every dimension. Same face, entirely different person.

02

His first paying B2B customer was acquired at a dinner party. He invented the price ($2,500) on the spot and sent a DocuSign contract the next morning.

03

The investor who funded Matik's very first prototype was a former roommate who had previously sold his company to Autodesk.

04

He took up golf during COVID as a meditative practice and stayed with it. In a company built around data and efficiency, the sport's tolerance for imperfection seems like a deliberate antidote.

05

His early customer acquisition playbook: target LinkedIn alumni specifically. They had already used the internal tool he built. No pitch needed - just recognition.

06

When he told his Bosnian refugee parents he was leaving LinkedIn to start a company, they offered to sell their house to fund it. He didn't need the money. He remembered the offer anyway.

Profiles & Resources