Beehiiv Is 4 Years Old and Wants to Replace Mailchimp. Can It?

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Beehiiv Is 4 Years Old and Wants to Replace Mailchimp. Can It?

March 20263 min read

$0 to $30 million in revenue. Four years. 90,000 customers. $50 million raised. Built by the team behind Morning Brew. Beehiiv is the fastest-growing newsletter platform on earth and it’s not even close.

But can it actually replace Mailchimp? Depends what you’re building.

$30MAnnual Revenue
90KCustomers
$50MVC Funded
2021Founded
Built by people who scaled a $75M newsletter

The founding team grew Morning Brew to 1.5 million subscribers before it sold for $75M. They didn’t build Beehiiv from market research — they built it from experience. Every feature maps to a real problem: recommendation network (they grew through cross-promotion), ad network (they monetised through sponsorships), web publication (they needed a reader-facing site, not just an inbox).

“No other platform gives you an ad network, a subscriber marketplace, paid subscriptions, AND a recommendation engine under one roof. That’s not a newsletter tool — it’s a media business in a box.”
The problems nobody else mentions

Deliverability complaints

Multiple users report emails in spam or not arriving. For a newsletter platform, that’s like a restaurant with food safety issues.

$0 to $49/mo jump

No middle ground. Every monetisation feature is locked behind the Scale plan. Free plan is a demo, not a product.

VC-funded

$50M in venture capital means investors expect exponential returns. That creates pressure on pricing and decisions. Kit is bootstrapped — it answers to users, not investors.

Can it replace Mailchimp? For newsletter creators — yes, it already has for 90,000 of them. But it’s not trying to be an email platform for everyone. It’s a newsletter growth engine. If that’s what you’re building, nothing competes. If your newsletter supports a product business, Kit is the better fit.
Full scored review →Beehiiv Review — 8.6 / 10 — Pricing, ratings, and the complete breakdown
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