Main Benefits

• Ten years of operating history with a strong position to continue benefiting from the shift towards remote work and education
• Wide market acceptance with glowing reviews across third party sites and from high-profile corporate clients
• Impressive volume of traffic with c.10M visitors and more than 15M page views over the L12M
• Strong MRR of c.$44k and LTV of c.$167 driven by the high-quality of service provided
• Lean and scalable cost structure driving high net margins of c.80%

Description

For sale is a reputable and mature SaaS business in the education and remote work technology niches with over a decade of operational history.

Launched in 2010, the business has established itself as a leading provider of smart whiteboard technology used for educational and workplace collaboration purposes. With a powerful API and a focus on ease-of-use, the business delivers unrivaled functionality, appealing to thousands of educators, businesses, and developers alike.

As the education technology niche continues to grow at a meteoric rate (expected to double in size over the 2019 to 2025 period to reach $341 billion in annual sales by 2025) and the effects of the Covid-19 pandemic on workplace collaboration and structure become permanent, the business is optimally-positioned to capitalize on these dynamics and continue scaling.

As a pioneer in the space, the business has built up a clear competitive advantage, securing impressive reviews across third-party sites and attracting a long list of reputable clients. With steady revenue expansion and high margins, a new owner will have plenty of resources to invest in growth.

The business presents a unique acquisition opportunity for a new owner to take over a SaaS business in the lucrative and growing ed-tech niche. With a leading brand, stellar reviews, and a long list of noteworthy clients, the business is primed to continue scaling.

* Revenue and profit figures are annualized on a last six-month basis.