listed by broker
Music Tech / Music Creation
Founded in
Desired valuation:
$ 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.
Featured metrics
$20K MRR, 44,000 new monthly installs, 100% YoY revenue growth from ('21 to 22')
Selling details
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.
Preferred acquirer
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.
Business details
Business model
Subscription revenue
2925 (Music creators, both beginners and professionals )
Operational details
Technology stack
IOS: Swift, Objective C Android: Java, C/C++
Marketing spend
typically 0, occasionally we spend on content. Most of our growth is organic (Organic app store SEO)
Performance tracking tools
Mixpanel, Other
Financial details
Ownership structure
40, 30, 25, 5 LLC
Last month's revenue
$ 20.6 K
Last month's profit
$ 14 K
Financial records
Annual P&L summary reports, Online reporting software/tools
TTM revenue
$ 220 K
TTM net profit
$ 108.6 K
Based in
Team members
Acquisition type
Desired valuation
$ 1.25 M
Message Owner
Message Broker