Mid-market Medical Software Company Investment Opportunity in Carlsbad, United States
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | C Corporation |
Reported Sales | USD 600 thousand |
Run Rate Sales | USD 9.6 million |
EBITDA Margin | Nil |
Industries | Medical Software + 1 more |
Locations | Carlsbad |
Local Time | 3:32 AM US / Pacific |
Listed By | Business Owner / Director |
Status | Active |
1. Combined user signups of 50,000.
2. Network of 7,500 therapists.
3. US$ 1M annual recurring rate (ARR)
4. Acquisition of an early-stage startup that raised US$ 7M.
6. Year-over-Year revenue doubled in 2022 compared to 2021.
7. Expect to hit USD 32M in sales over the next 24 months.
We operate in a service-based and software-as-a-market industry with 3 product lines.
Pay-as-you-go/monthly subscription.
1. Online video therapy (pay-as-you-go/monthly subscription)
Monthly subscription plans:
2. Add-on app (EHR) for therapists.
3. Add-on app (self-help) for clients.
We plan to file patents/trademarks on the following.
- Match-making software algorithm (IP)
- Digital mental health tools (IP)
- Unique systems and processes.
- Client data to identify new products (IP)
- Office equipment - computers, monitors.
Our head office is located in Carlsbad, CA which is about 2 hrs from LA in a coworking space for growing tech startups.
YTD we have raised US$ 3.5M in private equity from accredited investors. In addition, we have used different credit facilities such as lines of credit, loans, and govt grants as alternate sources of funding.
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3 days, 11 hours agoManaging Director, Technology, Bel Air, Individual Investor / Buyer connected with the Business
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1 week, 6 days agoPresident, Petroleum & Automobile, Los Angeles, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysEngineering Manager, Medical Equipment Manufacturer, Morrisville, Individual Investor / Buyer connected with the Business