For sale is a SaaS business in the business intelligence and analytics niche.
Since launch, the business has attracted c.400 active clients, including enterprise companies like Michelin, Volvo and SoftBank.
The owners have outsourced product development from the start and the skilful and inexpensive developers will be available to a new owner. This drastically simplifies future product development. Product-centric investments have resulted in impressive conversion statistics: over the last twelve months, trial-to-paid conversion averaged 67%.
The product sells in over 50 countries, with the United States leading the list. Operations have been on near autopilot throughout 2016, with one of the two owners spending one day per week answering support questions.
This is a perfect play for an investor looking to drive marketing and sales efforts into an already proven SaaS product with large addressable markets and existing high-profile clients.
* Profit and revenue figures annualized on a L3M basis.
Sale Pending: No
First Seen: Fri, Dec 30th 2016
Last Updated: Mon, Apr 24th 2017