SaaS
United States
verified
NEW
Text and Voice CRM for Real Estate
Asking price
$0
Revenue
$3,336,777
Profit
-279540
Growth
27%
Customers
101-250
Description
SaaS with $3,300,000 in TTM revenue and $347,000 in revenue last month that is a desktop and mobile app that helps real estate professionals manage relationships, engage leads, and close more deals. We're the market-leader in the real estate industry with only one contender. Our performance-driven team of 40+ employees continues to grow the business YOY, and our current annual growth is 20% with strong growth projections.
✅ $3,300,000 in TTM revenue
✅ $347,000 in revenue last month
✅ Tech Stack: ReactJS, Postgres, GCP, App Engine, Cloud SQL, Typescript
✅ Competitors: SimpleTexting, SlickText, Trumpia
Price history
- $20M
- ↓ $0
Tech stack
Backend: NodeJS (Typescript, OOP, SOLID, Onion Layer)
Front End: ReactJS
Database: Postgres
Cloud: GCP, App Engine, Cloud SQL
Business model
B2B SaaS serving the SMB market. Product subscriptions from $99/mo to $2,500/mo~. Managed service subscriptions from $1999/mo to $4,999/mo~. Usage-based pricing per sent text or voicemail, calling minutes, and skip tracing. The higher the plan, the more they save on usage pricing.
The last TTM our revenue was 3.3M and our ARR is currently 4.2M. Roughly 33% of our current revenue comes from usage, while the remaining 67% comes from subscriptions.
Despite our customer count decreasing from all-time highs in Sept 2022, our LTV has increased by 123% from our TTM low in Nov 2022. Our LTV currently sits at $3,205 and we're projecting that to increase in the coming quarters.
Lastly, despite having churn rates typical for SaaS companies serving the SMB market, our customer acquisition has always outpaced our customer retention with no negative net MRR churn rates.
Growth opportunity
Since the companies inception we've experienced significant YOY product-led-growth with minimal investment into marketing and sales. For you this means that you're looking at a company with a proven product-market-fit, significant traction, and poised for hyper-growth with the proper budget allocation towards marketing and sales.
The biggest opportunities for growth are:
- Growing the sales and marketing teams
- Business expansion into service-based revenue
- Product expansion by delivering a whole-product experience
- Expanding into adjacent and new markets
- Adding new communication channels in the product
- Increase voice usage and monetization
- Packaging the same product with a user seat model
- Integrating AI across key product features
- Developing proprietary NLP models
- Monetizing acquired data (millions of home owner and property records)
- Service other markets (we're currently US only)
Competitors
SimpleTexting
SlickText
Trumpia
Highlights
Codebase and IP
Brand
Website
Mobile application
Customers
Domain
Reason for sale
Open to explore opportunities with growth equity partners and strategic buyers.