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TeardownDTC · Men’s Wellness · Updated July 2026

How Mars Men turned retention math into a nine-figure growth engine

A subscription-first men’s wellness brand that spends into forecasted recurring revenue and, by its CMO’s account, hit a ~$100M revenue run rate in under 18 months before raising a $27.5M Series A.

$27.5M
Series A led by L Catterton, closed March 2026[1] [2]
~$100M
Revenue run rate in under 18 months (self-reported)[2]
30-45 days
New-customer payback period (self-reported)[2]
50+
Landing-page templates; 2-3 CRO tests/week (self-reported)[2]
01

The operating system

Mars Men runs a subscription-first DTC model and manages growth like a finance function, not a campaign calendar. Co-founder and CMO Zach Stuck describes setting the month’s ad budget off forecasted recurring revenue (spending into next month’s expected subscription income now), gated by two guardrails: blended MER has to cover operating expenses, and new-customer ROAS has to hold at target.[3]

The forecast isn’t a blended average. The team rebuilt it to apply retention curves at the individual-customer level, with different curves per subscription type (for example 30- vs 90-day plans), and uses that per-customer retention model to decide how much it is safe to spend to acquire.[3]

Acquisition is then managed against daily new-customer targets set per channel: email, SMS, paid, and organic each carry a number, so the mix is steered to a quota rather than a single blended return.[3]

Budget = forecast

Spend into next month’s forecasted recurring revenue, capped by blended MER and new-customer ROAS.[3]

Retention-curve forecasting

Payback is modeled per customer and per plan type, not a portfolio average.[3]

Per-channel quotas

Daily new-customer targets across email, SMS, paid, and organic.[3]

Landing-page velocity

Dozens of templates and multiple CRO tests a week. The LP is the primary test surface.[2]

02

The bet that made it

The pivotal decision was flipping the store to subscription-only. Early on that meant losing money on each acquisition, until cohort data proved the payback. Stuck says the new-customer payback period ran roughly 30 to 45 days, fast enough to reinvest aggressively rather than wait on annualized LTV.[2]

Behind the funnel is brute-force creative velocity. Stuck says the brand fired up hundreds of landing pages in roughly its first year: 50-plus unique templates with two to three CRO tests a week, treating the landing page, not the ad, as the highest-leverage variable to test.[2]

The outcome, per Stuck: a roughly $100M revenue run rate in under 18 months, profitable and bootstrapped, before raising a $27.5M Series A led by consumer-focused private-equity firm L Catterton that closed in March 2026. Revenue and run-rate figures are the founder’s own; the raise and its lead investor are confirmed by the deal counsel’s announcement.[1] [2]

The MKA lens

Where our system maps on.

Mars Men is the clearest proof of the thesis we run on: the brand that reads its own retention data most precisely earns the right to spend most aggressively. The specific numbers are theirs, but the operating loop is exactly what we build.

Signal

Model true payback first

Rebuild the forecast around per-cohort, per-plan retention curves so you know your real payback window before scaling spend. That number is what unlocks the budget.

System

Stand up the test rig

Subscription-first funnel, a landing-page template library, and a weekly CRO cadence, all wired to per-channel new-customer targets.

Scale

Spend into the forecast

Deploy budget against forecasted recurring revenue behind MER and ROAS guardrails, steering the channel mix to daily quotas instead of one blended ROAS.

Sustain

Compress payback over time

Optimize retention and creative velocity so payback shortens and the safe-to-spend ceiling rises every month.

Sources

  1. [1]L Catterton Leads $27.5 Million Series A Financing of Mars Men · Barack Ferrazzano (BFKN), deal counsel
  2. [2]The M&A Episode with Zach Stuck · Scalability School Podcast
  3. [3]We Tested Meta’s Incremental Attribution: Here’s Why We Turned It Off (MarsMen forecasting & channel targets) · Scalability School Podcast
  4. [4]Mars Men Announces $27.5M Series A Led by L Catterton · Business Wire

Independent analysis by MKA Growth Partners based on the public sources above. We are not affiliated with, commissioned by, or endorsed by Mars Men; trademarks belong to their owners. Figures are as reported at the time of writing.

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