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Enterprise Software Company Investment Opportunity in Naples, United States

Software development company in Florida looking to sell equity shares for investment capital.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 5 - 10
Legal Entity C Corporation
Reported Sales USD 233 thousand
Run Rate Sales USD 240 thousand
EBITDA Margin Operating at loss
Industries Enterprise Software
Locations  Naples
Local Time 7:26 PM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 750 thousand for 20.0% stake (Native Currency: USD 750,000)
Reason: - We require investment to accelerate software development which will require adding software engine... View More
Includes physical assets worth USD 10 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Software development and integration company in Florida operating for the past 38 years.

- Have developed an enterprise security platform for information security, information capture, and enterprise content management. Please see platform overview in files.

- We have also developed an automated redaction application for GDPR and PII.

- Have 10 or so corporate clients using our products.

- Clients are mainly from the healthcare, financial, and insurance industry.

- Some of our clients are or have been: AIG, Aetna, Penn Mutual, First Data, Chase, Fidelity Financial, Citi Group, Unisys, Target.

- We charge our clients annual fees.

- Company has onshore (USA) and off-shore (Vietnam) development facilities.

Products & Services Overview

We are a software development and integration company developing Java, and. Net applications for document security and capture, character recognition, document scanning, redaction (document, audio, and video), and document viewing. We use AI/ML for automated document classification. We have also engineered our own HTML5 viewer with vector, raster, and PDF view/editing capabilities. We have a redaction prototype for audio and video and we are in the process of adding a deepfake detection module.

Assets Overview

Business owns software, website, computers, hardware, office furniture and equipment.

Facilities Overview

Since COVID our staff works from home.

Capitalization Overview

The business is currently funded through money the founder provides and ongoing service revenues from the current customer base. We currently have an SBA 7a loan of USD150 thousand. I am the only shareholder but I want to offer 3% each to 2 key employees and more shares to 2 people I would like to add to executive management.

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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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