SaaS

listed by broker
Market Research & Education
Founded in
2017
Desired valuation:
$ 1 M
Description
An automated transcription platform for students and researchers. Supporting more than 30 languages, this platform is powering some of the most ambitious universities in the world. We offer two products: a fully AI-generated transcript service (typically around 80% accuracy depending on audio quality); and a human review service to ensure 100% accuracy. Besides the user interface we also have a set of APIs that allow customers to create fully customisable integrations.
Featured metrics
✅ $250K in TTM revenue ✅ $100K in TTM profit ✅ No overhead. Up to 70% profit margin. Quarter million revenue from 2 clients. No effort on marketing/sales so far.
Selling details
Type of shares
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Reason for selling
My cofounder and I are engineers. We have grown the become a marketing/sales case more than a product play.
Preferred acquirer
Interested in multiple interesting profiles. However, a few comes to mind: 1. Competitors in the transcription space 2. Companies looking bring our tech in-house. 3. Marketeers/sales folks that can take a finished product and scale it.
Aspirations & growth opportunities
Massive opportunity on B2C side that we have not explored yet. About ~$1.000 MRR from B2C. Today 99% of revenue from large enterprise deals.
Business details
Business model
Large B2B enterprise contracts and monthly SaaS subscription revenue.
Customers
2 (Education)
Competition
Sonix
Operational details
Technology stack
React.js, Node.js, Serverless, AWS, GCP
Marketing spend
$5K (more info on request)
Performance tracking tools
Stripe
Financial details
Ownership structure
50/50 between two founders.
Last month's revenue
$ 21 K
Last month's profit
$ 8.5 K
Financial records
Annual P&L summary reports
Metrics
TTM revenue
$ 250 K
TTM net profit
$ 100 K
Based in
EMEA
Team members
1-2
Acquisition type
Full
Desired valuation
$ 1 M
Message Owner
62b2bd40d167da00047f868e
Message Broker
62b2bd40d167da00047f868e