Application Software Company Equity Stake For Sale in Athens, Greece
Greek regulatory compliance software provider serving over 400 businesses through cloud subscriptions, enterprise APIs/integrations.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 60 - 70 thousand |
| Run Rate Sales | USD 80 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Application Software |
| Locations | Athens |
| Local Time | 11:37 PM Europe / Athens |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Partial Stake Sale
USD
450 thousand
for
15.0%
stake
(Native Currency: EUR 400,000)
Reason: The requested investment is designed to fund the rapid scaling of our high-margin B2B SaaS and white...
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Business Overview
- Operates a cloud-based software business in Greece, providing digital invoicing, business administration, and regulatory compliance solutions for Greek SMEs, freelancers, and enterprise partners.
- Offers three cloud platforms covering daily invoice issuance and myDATA compliance, employee management through the mandatory Digital Work Card under ERGANI, and customer management with automated myDATA compliance.
- Provides REST API solutions that enable software providers, enterprise partners, and financial institutions to integrate myDATA and ERGANI compliance capabilities into their own systems through white-label integrations.
- Serves over 400 Greek SMEs, freelancers, and enterprise partners across various sectors through direct subscriptions and business-to-business integrations.
- Generates recurring subscription revenue from its cloud platforms and B2B revenue through wholesale licensing, API usage, and bulk-volume agreements.
- Maintains integrations with AADE-certified e-invoicing providers, including Ilyda, as well as banking APIs such as Piraeus Bank rAPId for transaction retrieval and automated bank reconciliation.
- Connects with payment infrastructure providers, including Viva Wallet, ePay, E-Paroxos, and Bratnet, supporting integrations across invoicing, payments, and financial workflows.
- Supports customers through direct access to its cloud applications and provides technical and commercial assistance to partners integrating its APIs.
- Is led by a team with over 15 years of combined experience in Greek tax regulations, cloud architecture, and financial software development. Additionally, hires contractual employees to support operations.
- Holds VAT registration.
- Has established a technology and integration ecosystem serving businesses that need reliable digital administration and regulatory compliance infrastructure in the Greek market.
- Offers three cloud platforms covering daily invoice issuance and myDATA compliance, employee management through the mandatory Digital Work Card under ERGANI, and customer management with automated myDATA compliance.
- Provides REST API solutions that enable software providers, enterprise partners, and financial institutions to integrate myDATA and ERGANI compliance capabilities into their own systems through white-label integrations.
- Serves over 400 Greek SMEs, freelancers, and enterprise partners across various sectors through direct subscriptions and business-to-business integrations.
- Generates recurring subscription revenue from its cloud platforms and B2B revenue through wholesale licensing, API usage, and bulk-volume agreements.
- Maintains integrations with AADE-certified e-invoicing providers, including Ilyda, as well as banking APIs such as Piraeus Bank rAPId for transaction retrieval and automated bank reconciliation.
- Connects with payment infrastructure providers, including Viva Wallet, ePay, E-Paroxos, and Bratnet, supporting integrations across invoicing, payments, and financial workflows.
- Supports customers through direct access to its cloud applications and provides technical and commercial assistance to partners integrating its APIs.
- Is led by a team with over 15 years of combined experience in Greek tax regulations, cloud architecture, and financial software development. Additionally, hires contractual employees to support operations.
- Holds VAT registration.
- Has established a technology and integration ecosystem serving businesses that need reliable digital administration and regulatory compliance infrastructure in the Greek market.
Products & Services Overview
1. A comprehensive cloud application for everyday invoice issuance, business management, and full myDATA compliance.2. A dedicated platform for labor management and recording employee shifts via the mandated Digital Work Card.
3. A specialized solution focused strictly on client management and automated myDATA compliance.
4. REST API solutions: White-label API endpoints directly connected to all the platforms above, enabling custom external integrations.
- Primary clients:
1. Greek SMEs & freelancers: Local businesses across all sectors that rely on our cloud platforms for their daily administrative and regulatory tasks.
2. Collaborating entities: Software providers and enterprise partners who embed our compliance infrastructure into their own systems.
- How they are used:
1. Direct cloud access: SMEs log directly into the specific web portals (app, ergani, or pelatologio) to seamlessly issue invoices, sync with the AADE tax authority, or manage employee work cards.
2. Partner API integration: Collaborating entities plug our REST API solutions directly into their software. We provide total technical and commercial support, allowing them to offer seamless myDATA and ERGANI compliance to their users in the background.
Assets Overview
1. Tangible assets:The business currently holds no physical or tangible assets (such as real estate, physical servers, or hardware inventory). All operations are fully digitized.
2. Intangible assets:
- Proprietary cloud codebase: The complete source code, backend architecture, and REST API infrastructure powering the platforms.
- Digital domains: Ownership of the primary web addresses.
- Client base & active subscriptions: The established portfolio of SME recurring subscriptions and B2B user licenses.
- Operational cloud subscriptions: The active hosting, server, and third-party software licenses required to maintain and scale the infrastructure.
Facilities Overview
The business operates without restrictive lease agreements or binding obligations. It remains fully flexible and “free to move, ” enabling rapid relocation, scaling, or remote expansion in line with operational or partnership requirements.
Capitalization Overview
- Funding source: The business was initially bootstrapped using personal capital. It is currently entirely self-funded and cash-flow positive, with operational revenues consistently exceeding costs.- Outstanding debts/loans: None. The business operates completely debt-free.
- Ownership & shareholding structure: The business is privately held by a single shareholder who retains 100% ownership and equity.
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