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Database Software Company for Sale in Newark, United States

Global provider of AI data training solutions with 16 employees and a strong network.
This transaction has concluded.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity C Corporation
Reported Sales USD 792 thousand
Run Rate Sales USD 960 thousand
EBITDA Margin 6 %
Industries Database Software
Locations  Newark
Local Time 2:46 PM America / Los Angeles
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2 million (Native Currency: USD 2,000,000)
Reason: Primary shareholder had to step down last year due to his wife’s late-stage cancer diagnosis, which ... View More
Interested to connect with advisors
Documents
Business Overview
- The company is a global provider of AI data training solutions, specializing in off-the-shelf datasets and crowdsourcing for large AI data projects.
- The company has a total of 16 employees.
- Company offers off-the-shelf datasets, including real call center audio data, medical data, face recognition, audio, and text datasets, catering to organizations seeking to save time and costs by purchasing pre-prepared datasets.
- Additionally, the company provides crowdsourcing for large AI data projects, engaging a network of over 170,000 contributors and vendors for data collection, labeling, and validation, which is especially beneficial for companies developing extensive AI models.
- The company has a strong reputation in the industry, backed by a network of AI thought leaders and communities.
- It possesses an extensive collection of rare and valuable datasets, providing a competitive edge that none of its competitors can currently offer.
- The company is self-funded by its own profit, with no debt, indicating financial stability and independence.
- The company's focus on AI data training solutions positions it well in the rapidly growing technology industry, offering the potential for significant growth.
Products & Services Overview
1. OTS (Off-the-Shelf) Dataset: These are ready-made datasets specifically curated for AI training. We offer access to an extensive collection of rare and valuable real call center audio data, medical data, as well as a diverse pool of face recognition, audio, and text datasets. Customers are companies seeking to save time and costs by purchasing pre-prepared datasets. These organizations also gain a competitive edge by utilizing real and rare datasets.
2. Crowdsourcing for Large AI Data Projects: We have a network of over 170,000 contributors and vendors from around the globe, ready to engage in crowdsourcing AI data projects, including data collection, labeling, and validation. This service is particularly essential for large companies developing extensive AI models, especially those employing reinforcement learning with human feedback.
Assets Overview
Intangible assets-:
1. Dataset.
2. Database of vendors/contributors.
3. Technology: a No-code end-2-end platform for AI building from the ground up (from data curation, collection, auto labeling, auto training, and deploying)
4. Communities.
5. A seat (equity and tokens) in our promising web3 initiative (a DePIN in AI project)
Facilities Overview
N/A. We are a remote-first company so we don't have real estate. This is very normal for our industry.
Capitalization Overview
1. Funding History: The company was initially funded with my personal investment of $20,000. Since then, it has grown through its own profits. Last year, as the cash flow wasn't so good, I secured an additional $30,000 from an angel investor in exchange for a 1% share of the company, structured as a convertible loan with no interest rate. (done converting)
2. Cap table:
- Me, CEO and founder: ~51%
- Co-CTO (1 - left 6mons ago): ~38%
- Co-CTO (2): 5%
- CHRO (left 10mons ago): 5%
- The angel investor: 1%
No debt.
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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