Web & Mobile Development Company Investment Opportunity in Chakvi, Georgia

- Software development company performing turnkey services.

- Our main source of revenue is outsourcing software development. We perform turnkey services and provide customers with our developers as part of their distributed team.

- 80% of our customers are international. We have worked with clients from the following countries so far: USA, Canada, the UK, Sweden, Czech Republic, Italy, Poland, Lithuania, Austria, Germany, Estonia, Singapore, Japan, and New Zealand.

- About 70% of our customers return to us, and half of them have been working with us for more than a year. We are committed to providing the best professional services. We provide fair project estimations that fit into the client's budget. We have been putting a lot of effort into our brand by developing our website and collecting reviews.

- Project billing is between USD 5,000 to USD 10,000.

- We doubled our revenue since mid-last year through a concentrated effort to increase our sales. The war in Ukraine early this year plateaued our MRR at USD 100,000.

- We have built a solid management team who treat the company as their own. They are capable of solving tasks of any difficulty and can endure tough times. We have established robust business processes.

- Our software engineers gain experience and improve. Each team member is provided with mentorship. Their salary is based on their assessment performance which they have to pass every 3-6 months. So, employees are loyal and have long-term plans to work in the company.

- The company has two shareholders in an 80:20 shareholding pattern and we have a business loan of USD 100,000.

- The investor gets a 30% stake in both the Belarus and Georgian divisions of the business.

- This business is located in Batumi, Georgia.

We help companies with no-code tools development, computer vision, internet of things, internet marketing tools, business automation tools, security & surveillance video, and CRM development.

Our main technology stack is the following:

React. js, React Native, Angular, Ionic, Vue. js. , Node. js. ,. NET, Java, Python, C++, and Machine Learning.

Industries we have developed projects for:

Agriculture, food services, entertainment, construction, educational services, healthcare, fintech, and e-commerce.

Computers, furniture and other office equipment. We are an IT company.

Renting 300 sq. m. in Minsk, Belarus, and another 100 sq. m in Georgia.