SetApp, the Netflix for Mac Apps service, is celebrating its first year. In doing so, they posted a remarkable amount of data about the service, which now has 107 apps available. The $9.99/month service gives users unlimited access to all 107 apps along with updates. I've been using the service since the beginning and have discovered several useful apps in the process along with easing the upgrade process for a few old favorites.

As the numbers increase, SetApp is earning $1.5M in annual recurring revenue. I'm betting this recurring revenue explains why they've been able to bring so many app developers on board. It's giving them another way to monetize their work.

They've made the whole thing pretty easy to use, and I'd recommend giving SetApp a spin for a month or two if you like to check out new Mac Apps. There are some real gems in the SetApp library.