SaaS
listed by broker
Time management and productivity tools
Any
Desired valuation:
Open to offers
Description
Startup that develops a physical (IoT) time tracking solution to help individuals and teams in managing their time and workload. Unlike pure digital solutions, this is a connected device. This provides radically different UI and UX and ensures ease of use and instant adoption.
Featured metrics
$65/customer average LTV, 18,000 customers in total, 12% 30-day app retention rate
Selling details
Type of shares
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Reason for selling
I would like to cash out part of my ownership to use funds for other projects.
Preferred acquirer
Strategic buyer or investor, dealing with productivity tools, workflow management, consulting, HR, outsourced software development.
Aspirations & growth opportunities
This company plays on the global time tracking and productivity solutions market, estimated to reach $32 billion by 2028 at a CAGR of 20.40%. This market is largely impacted by the fast developing post-pandemic Future of Work trend. The FoW implies digital workplace transformation and the rise in more flexible, remote and hybrid workforce models. As an early stage company we are expecting at least 40-50% annual growth rate in the next 3-5 years.
Business details
Business model
Currently on-off sale, moving towards a freemium model with subscription fee fo premium features
Customers
We have sold to over 18,000 clients worldwide. But not for a recurring revenue yet. (Educated, middle class knowledge industry professionals, major cohort in 25-34 y.o. 60% male)
Competition
Timeular, Timebuzzer, Toggl
Operational details
Technology stack
Selzy, Tilda, AWS, Firebase, iOs, Android
Marketing spend
We don't run paid ads, but we make publications and integrations. Overall budget is small, under $ 2 K (Facebook and Instagram, media publications, influencers)
Performance tracking tools
Google Analytics, Stripe, PayPal, Other
Financial details
Ownership structure
Last month's revenue
Last month's profit
Financial records
Annual P&L summary reports, Online reporting software/tools
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