SaaS
listed by broker
Govtech
Full
Desired valuation:
1,900,000
Description
Munission is a Software and SAAS business whose primary customers are US Municipalities, Public Safety Agencies and Social/Human Services Agencies.
Munission has approximately 500 customers across the 3 verticals and powers through its software:
- Modern Municipal Websites
- Advanced digital municipal services for constituents so they can submit, procure and pay online
- Precision Policing
- Coordination and communication across departments, swiftly and securely
- Service and Surveillance with integrity and accountability
- Counterfeit Forensics for State and Federal Crime Labs
Munission was built through the acquisition of the technology assets of 3 companies and has reseller deal with a 4th company. The acquisitions and the products that were acquired from them make up the 3 product families: Municipal, Public Safety and Reentry.
$565K in ARR, sub 5% churn rate, 370 clients
Featured metrics
$565K in ARR, sub 5% churn rate, 370 clients
Selling details
Type of shares
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Reason for selling
I want to move on to another project.
Preferred acquirer
I think the business would be best suited in a roll up of other Govtech companies.
Aspirations & growth opportunities
There is a significant opportunity to build this into a $20MM a year business with the right sales and marketing approach.
Business details
Business model
SaaS subscription Revenue
Customers
370 (Municipal governments, public safety and social services agencies.)
Competition
Tyler Technology, CivicPlus, Caseworthy
Operational details
Technology stack
Marketing spend
Performance tracking tools
Financial details
Ownership structure
Last month's revenue
Last month's profit
Financial records
Annual P&L summary reports, Online reporting software/tools