For sale is a mature B2B SaaS business in the project management niche with 12 years of operational history.
Launched in 2008, the business provides an effective online project management software with time tracking, calendars, and extensive collaboration for teams. With a focus on functionality and simplicity, the software has stood the test of time to become a reputable player in the space.
With the project management software market expected to rise at a CAGR of 10.2% during 2019-2024, the business stands poised to benefit from its long-standing presence in the niche.
Over the years, the business has demonstrated impressive SaaS metrics. With a low customer churn of c.3% and high LTV of c.$1,800, the software has shown to be firmly embedded into the daily operations of its clients.
With a full management team in place, the business presents a great passive opportunity for a new owner to acquire a long-standing B2B SaaS business.
* Revenue and profit figures are annualized on a last twelve-month basis
Sale Pending: No
First Seen: Wed, Feb 26th 2020
Last Updated: Thu, Apr 9th 2020