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Application Software Company Investment Opportunity in New York, United States

Pre-IPO remote workforce management SaaS-based platform with an anticipated 1,600%+ returns at IPO seeks investment.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 50 - 100
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 2.8 million
Run Rate Sales USD 2.95 million
EBITDA Margin 30 %
Industries Application Software
Locations  New York
Local Time 12:33 PM America / Chicago
Listed By Management Member
Status Active
Overall Rating
Partial Stake Sale
USD 3.5 million for 25.0% stake (Native Currency: CAD 5,000,000)
Reason: - To continue the pursuit to dominate the remote workforce sector. - To expand internationally and ... View More
Includes physical assets worth USD 123 thousand
Interested to connect with advisors
Documents
Business Overview
- New York based company has developed an SaaS-based remote software to manage the staff and workforce from anywhere.
- Using our software large and small organizations, institutions companies, businesses, enterprises can track staff's work, project details, work progress remotely.
- Our product has significantly increased in demand during the pandemic, alleviating the economic damage for thousands of businesses and softening the blow to the global economy.
- Founders are visionaries and are dominating their market space.
- Company's board of directors and executive team have strong political ties and business backgrounds stemming from industry giants.
- Business has partnered with top companies like Facebook, Google, Microsoft, Cisco. We were also acknowledged by Citigroup for our software.
- Our product is so advantageous that state governments are contemplating legislation, making it mandatory for companies to utilize this type of software to save taxpayers 100s of millions of dollars, resulting in 10’s of millions of dollars in corporate revenues.
- Some of the investors in this company include Deutsche Bank, JP Morgan and Bank of America.
- Have 9,000 companies of all sizes as clients in more than 100 countries around the world.
- We charge a monthly or yearly fee on per user basis from clients.
- The company is on its way to dominate the remote workforce sector.
Products & Services Overview
We have developed an SaaS-based remote software where companies can manage the staff and workforce from anywhere remotely.
Assets Overview
Physical assets include furniture, computers, laptops and other electronic hardware.
Intangible assets include intellectual properties, software engineering and advanced business models.
Facilities Overview
Have rented offices in San Francisco, New York, Washington and Miami.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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