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Enterprise Software Company Investment Opportunity in Fremont, United States

Enterprise software company in Industrial digital twin/IoT space, looking for equity investment for UAE expansion.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity C Corporation
Reported Sales USD 3 million
Run Rate Sales USD 3.6 million
EBITDA Margin Nil
Industries Enterprise Software
Locations  Fremont
Local Time 9:33 PM America / Phoenix
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 500 thousand for 2.0% stake (Native Currency: USD 500,000)
Reason: Expansion to the UAE region that requires hiring employees & leasing an office. Also for marketing a... View More
Interested to connect with advisors
Documents
Business Overview
The company has a combination of software license revenue of USD 1M and recurring services revenue of USD 2M+.
The company is planning to expand into the UAE due to increasing interest from ADNOC, ENOC, ENEC, Sohar Aluminium, Qatar Gas, and other large customers.
Currently, the company has an agency in Saudi Arabia with 3 employees and an office in the USA with 15 employees.
Products & Services Overview
Our digital twin product is used by oil & gas companies like Saudi Aramco, Shell, and Harley Davidson with partnerships like GE, Accenture, PWC, SAP, and others. Our product is applicable in the energy & manufacturing sectors.
Assets Overview
No physical assets are owned by the company, except for laptops and computers.
Facilities Overview
Software product can be managed and deployed remotely.
US and Saudi Arabia offices are in leased spaces.
Capitalization Overview
- The business is currently bootstrapped and has been funded by HNIs and angels through convertible notes.
- Short-term debt of USD 70K which will be repaid in the next 10 months.
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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