SaaS

listed by broker
Recruitment & direct employment
Founded in
2019
Desired valuation:
$ 3.5 M
Description
A software and technology company serving a global marketplace of employers and recruiters. Our core AI product optimises job ads' online performance as well as for diversity, equity and inclusion.
Featured metrics
98% customer retention in 2022/23. 110% to sales target in Q1 2023 and a 50% in operating costs in Q1 2023.
Selling details
Type of shares
This is some text inside of a div block.
Reason for selling
We are exploring all current options with the business on such secure footing from a pipeline and product standpoint.
Preferred acquirer
PE, Private or industry investor. We are open to all buyers that take Optimal onto a global level
Aspirations & growth opportunities
There is no ceiling of commercial growth and opportunity. Having built the business from the ground up in the last three years we are perfectly positioned as a global DE&I provider who can automate one of the last remaining administrative tasks in recruitment.
Business details
Business model
Annual subscriptions
Customers
1,400 (Recruitment companies and Direct Employers.)
Competition
Textio, Grammarly, Applied
Operational details
Technology stack
Microsoft Azure Cognitive Services and React
Marketing spend
$39,000 (LinkedIn)
Performance tracking tools
Google Analytics
Financial details
Ownership structure
2 main investors with a majority holding.
Last month's revenue
$ 75.5 K
Last month's profit
- $ 54.2 K
Financial records
Annual P&L summary reports
Metrics
TTM revenue
$ 478 K
TTM net profit
- $ 542 K
Based in
EMEA
Team members
3-5
Acquisition type
Full
Desired valuation
$ 3.5 M
Message Owner
645390aa2690d10002c89c88
Message Broker
645390aa2690d10002c89c88