SaaS

Marketing

Founded in
2018
Proposed valuation
at
$ 3.5 M
Description
Our B2B software allows social media managers to send new followers automated messages, e.g. to direct them to a website or reward them with a discount code. We are profitable and have grown double digits quarter-over-quarter.
Featured metrics
83% retention rate, 207% YoY revenue growth
Selling details
Reason for selling
I want to take some cash off the table with my co-founder's consent and together onboard an experienced equity partner as a passive advisor
Preferred acquirer
Needs 10+ hours a week in time commitment and a willingness to be hands-on the business as well as a large network of relevant connections to draw on.
Aspirations & growth opportunities
The growth in social media influencers driven by TikTok and other platforms is triple digit year on year, which our brand should position itself to capture as much of as possible.
Business details
Business model
Subscription revenue
Target customer
Independent influencers, social media managers and organisations with >100K followers
Number of customers
625
Competition
MobileMonkey, Combin, Instamber
Operational details
Technology stack
AWS, DynamoDB, ALB
Marketing channels
Facebook, IG, GDN
Sales & marketing spend
Annualised costs of $10K on advertising and $20K for referrals.
Performance tracking tools
Google Analytics, Stripe, Chartmogul
Financial details
Ownership structure
Two co-founders 50/50
Last month's revenue
$ 81 K
Last month's profit
$ 25 K
Financial records
Online reporting software/tools
Metrics
Annual revenue:
$ 707 K
Annual profit:
$ 269 K
Based in:
EMEA
Team members:
6-10
Acquisition type:
Minority
Proposed valuation:
$ 3.5 M