listed by broker
$ 1.2 M
This SaaS connects Shopify sellers with high-quality North American product suppliers who offer dropshipping services. Our platform fully automates the process from importing all the way to payment and order fulfillment for the merchant, allowing suppliers to boost sales with no risk, while giving merchants access to inventory without any risk. 42% active user growth since Jan 2022, 50% YoY revenue growth, 95% gross margin (nearly 100% free customer acquisition via app stores)
42% active user growth since Jan 2022, 50% YoY revenue growth, 95% gross margin (nearly 100% free customer acquisition via app stores)
Type of shares
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Reason for selling
After 4 years building the business to profitability with a solid team, I was just ready to move on to a new project. My cofounder is still actively running the business.
Acquirer interested in buying a 40-60% stake
Aspirations & growth opportunities
Shopify is growing and we're currently seeing our peak all-time installs per day. Free organic growth has been our business model from day 1 and that is not going to stop any time soon.
Recurring Subscription Revenue
1100 (North-American e-commerce entrepreneurs looking to increase profit in their online stores by adding related products)
Spocket, Modalyst, Oberlo
Shopify, React JS, Python
We invest ~$ 1 K per month on Google & Shopify App Store ads, plus a co-op student running email marketing for around $ 3 K per month but covered by a grant. (Shopify, Wix, BigCommerce)
Performance tracking tools
58% / 39% / 3% outside investors
Last month's revenue
Last month's profit
Annual P&L summary reports, Online reporting software/tools