For sale is a reputable SaaS business in the online privacy and encryption niche.
Launched in 2011, the business provides its users with state-of-the-art seedboxes to improve online anonymity, download speeds, and ease hardware loads. With thousands of seedboxes deployed around the globe to-date, the software offers advanced P2P download and sharing capabilities, while maintaining a 99.9% uptime.
As online privacy and data encryption becomes an ever-increasing concern for consumers, the encryption software market has seen explosive growth. The multi-billion-dollar market is expected to grow at a c.17% CAGR over 2019 to 2025 to reach c.$16.5 billion in sales by 2025, presenting countless opportunities for the business to continue scaling.
Over its eight years of operating history, the business has grown at an impressive rate. Revenues reached a c.47.2% CAGR over the period 2015 to (e)2019, with the business now generating MRR of c.$90,000. With c.3,400 paying users, high LTV, and low churn, a new owner has attractive unit economics to invest in growth.
The business presents a great acquisition opportunity for a new owner to take over an innovative SaaS business with an industry leading brand, autonomous eight-person team, and a firm foothold in a rapidly growing niche.
Sale Pending: No
First Seen: Tue, Aug 27th 2019
Last Updated: Sat, Aug 31st 2019