listed by broker
Music Tech / Music Creation
$ 1.25 M
Profitable SaaS that combines and drastically improves the functionality of voice memos and notes to give musicians a full song-creation app in their pocket. Users can discover instrumentals, record multiple layers of vocals, apply vocal effects, and share their creations with a vibrant community of other artists.
$20K MRR, 44,000 new monthly installs, 100% YoY revenue growth from ('21 to 22')
Type of shares
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Reason for selling
We can no longer operate without outside cash injection. Our unique history of working on the company for 5+ years and bootstrapping does not make us a candidate for venture funding. Additionally, we believe we are building a $50m+ annual revenue business and are not focused on selling to the unrealistic imaginations of venture firms.
Ideal scenario is a partial buyout from a strategic operator who can bring unique value to the cap table, but we're open to different outcomes. 3/4 members of the founding team are inactive and the CEO is interested in staying involved.
Aspirations & growth opportunities
With over 65,000 monthly active users and $240,000 in ARR, the business is in ideal position for growth. There's a massive list of feature demands from active users that would have a direct impact on revenue. With the right investments, this could be a $5M+ annual revenue business in 3 years.
Additionally, the music creation space is at it's infancy and expected to grow massively in the next 10 years.
2925 (Music creators, both beginners and professionals )
IOS: Swift, Objective C Android: Java, C/C++
typically 0, occasionally we spend on content. Most of our growth is organic (Organic app store SEO)
Performance tracking tools
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