Compare · Baremetrics
Baremetrics alternative: Honest MRR
Looking for a Baremetrics alternative? Honest MRR is subscription analytics for indie founders and small SaaS teams: monthly recurring revenue (MRR), churn, lifetime value (LTV) and cohorts computed from a ledger of your billing provider's own records. Here is how the two compare — with every fact about Baremetrics taken from its own website on October 4, 2026 and linked, so you can check it.
Baremetrics at a glance
- Subscription analytics software, with metrics, dunning and engagement tools for SaaS and subscription businesses. baremetrics.com
- Sold to the private-equity firm Xenon Partners in November 2020, per its founder's post on the Baremetrics blog. baremetrics.com
Other Baremetrics alternatives
Weighing more than two tools? Here is how the others describe themselves, and who each suits best — in their own words, linked.
ChartMogul
A subscription analytics platform that unifies revenue analytics and customer data. chartmogul.com
Best for: You're under $10K MRR and want analytics free: ChartMogul's free plan covers up to $10K MRR, while Honest MRR's Starter is free up to $2k MRR and shows an upgrade reminder past it. chartmogul.com
ProfitWell Metrics by Paddle
Accurate, accessible revenue reporting for subscription and SaaS companies — completely free. paddle.com
Best for: You want subscription metrics completely free — ProfitWell Metrics charges nothing, while Honest MRR's Starter is free up to $2k MRR and shows an upgrade reminder past it. paddle.com
Stripe Billing analytics by Stripe
In the Stripe Dashboard, Billing analytics charts MRR, churn, lifetime value and retention by cohort for your Stripe subscriptions, with drill-downs and a CSV log of every MRR change. docs.stripe.com
Best for: a business that bills only through Stripe — it is already in the Stripe Dashboard, with nothing to connect.
Baremetrics vs Honest MRR, side by side
| Topic | Baremetrics | Honest MRR |
|---|---|---|
| Pricing | Three plans — Launch, Growth and Scale — banded by the annual recurring revenue it tracks: up to $360K, $360K–$3.6M and above $3.6M. Two add-ons are available on any plan. baremetrics.com | Starter free up to $2k MRR — past that, reports keep working and show an upgrade reminder. Pro $49 a month, Business $149 a month (pricing). |
| Trial | 14-day free trial, no credit card required. baremetrics.com | 14-day Pro trial, no credit card. |
| How you connect | You log in to your billing provider and grant Baremetrics permission to read your data. baremetrics.com | You paste the most limited key your provider offers — read-only wherever one exists; for Stripe, a restricted key with six Read permissions. |
| Billing sources | Native integrations with Stripe, Shopify Partners, Braintree, Recurly, App Store Connect, Google Play and Chargebee. baremetrics.com | Stripe, Paddle, Lemon Squeezy, RevenueCat, Superwall, Polar, Patreon, Whop and Qonversion (integrations). |
| App stores | App Store Connect and Google Play connect natively. baremetrics.com | RevenueCat, Superwall or Qonversion subscriptions, counted as proceeds after the store's cut. Your App Store Connect and Google Play reports are compared with the store cash those providers report — RevenueCat's API lists no subscription renewals, so for RevenueCat the comparison shows that gap. |
| Your history | Brings in current and historic data when you connect your payment provider. baremetrics.com | Every subscription imports when you connect, dated from when it started — no files to export. Months before you connect show each one at its current price. |
| Discounts in MRR | A customer's coupon is removed from MRR, and customers on 100%-off coupons are treated as free users and left out. help.baremetrics.com | Counts each plan's price before coupons for Stripe, Paddle, Lemon Squeezy and Whop (the rule). |
| Investor reporting | Daily, weekly or monthly email reports on all your Baremetrics data. baremetrics.com | Monthly statements you save as a PDF, expiring share links, and an opt-in public metrics page with a live MRR badge. |
| API and exports | An API to send your MRR, LTV, growth trends and customer data to the other platforms you use. baremetrics.com | A JSON API (docs) whose keys are read-only unless created with “Allow imports”, CSV exports of the main reports, and a full export of your organization's data. |
| Customer view | A full history of payments, events and changes for every customer. baremetrics.com | A page per customer with its MRR movements and invoices, each movement open to its ledger entry. |
| Failed-payment recovery | Recover: email and SMS campaigns, in-app reminders and paywalls, and card-capture forms, for Stripe, Braintree and Recurly. baremetrics.com | None — Honest MRR only reads your data; it never contacts your customers or retries a payment. |
Switching from Baremetrics
- Nothing to export: connect the same billing account you use with Baremetrics, and Honest MRR imports every subscription straight from the provider, each dated from when it started.
- Run both side by side while you compare — Honest MRR only reads your data, so nothing changes in your billing account or in Baremetrics.
- Expect some numbers to differ, for reasons you can check: Baremetrics subtracts discounts from MRR, while Honest MRR counts plan prices before coupons for Stripe, Paddle, Lemon Squeezy and Whop; app-store revenue counts proceeds after Apple's or Google's cut, merchant-of-record tax is removed, trials count only once they convert, past-due subscriptions stay in MRR until they cancel, and months before you connected show each subscription at its current price (every rule).
- A first sync takes minutes for most accounts; RevenueCat is read customer by customer, so a few thousand take about 45 minutes.
What Honest MRR does differently
One price at any revenue
Pro is $49 a month and Business $149 a month however much MRR you track. Starter is free up to $2k MRR, and past that it shows an upgrade reminder rather than switching anything off.
Merchant-of-record and creator revenue next to Stripe
Paddle, Lemon Squeezy and Polar subscriptions count at their net pre-tax amounts, and Patreon pledges and Whop memberships join the same MRR as your Stripe plans.
An audit trail an investor can follow
Every MRR movement opens to its ledger entry, the webhook event when one recorded it, and the provider's current record, and every version of a billing record we receive is fingerprinted in a tamper-evident hash chain (how the hash chain works).
Ready for investor questions
Monthly statements you save as a PDF, share links that expire after 7, 30 or 90 days, and an opt-in public metrics page with a live MRR badge.
When Baremetrics is the better choice
- You bill through Braintree, Chargebee or Recurly — Baremetrics connects to them natively; Honest MRR doesn't connect to any of the three. baremetrics.com
- You want failed-payment recovery and cancellation flows in the same tool: Baremetrics sells Recover (email and SMS dunning, card-capture forms) and Cancellation Insights. Honest MRR only reads your data — it never contacts your customers. baremetrics.com
- You want forecasting fed by your accounting actuals — Baremetrics' Forecast+ pulls them from QuickBooks Online and Xero. baremetrics.com
- You'd rather choose a long-established vendor: Baremetrics says more than 900 companies use it. Honest MRR is a new product. baremetrics.com
Try Honest MRR on your own data
Free up to $2k MRR (a soft limit), with a 14-day Pro trial and no credit card.
Start freeBaremetrics is a trademark of its owner; Honest MRR is not affiliated with it. Facts about Baremetrics come from its public website as of October 4, 2026, linked beside each one — prices and features change, so check there for current details. Spotted something out of date? Email us and we'll correct it.