SaaS United States verified NEW

AI powered enterprise LMS & LXP SaaS with recurring revenue!

Asking price
$4.9M
Revenue
$1,500,000
Profit
$350,000
Growth
20%
Customers
10-50

Description

I need to focus on my 2 other AI startups so I am selling this cash cow. I spend only 4-6 hours weekly on this startup since management is in place. Profitable SaaS with $1500,000 in TTM revenue and $350,000 in TTM profit that is an enterprise learning management system (LMS) company with 70+ enterprise clients. Most of the revenue is recurring. The client usually stay with us for 3+ years since the solution is very sticky and great support. Sales is done in the USA but all operations are done in India. The India team is not outsourced but employees. ✅ $1500,000 in TTM revenue ✅ $350,000 in TTM profit ✅ $150,000 in revenue last month ✅ $30,000 in profit last month ✅ Competitors: Docebo, Accord, Learn Upon, Absorb

Tech stack

AWS, PHP, MySQL, Linux (LAMP stack)

Business model

Pay per user annually upfront. Product features include: - Enterprise reporting - Learning path - Mini authoring tool - Generative AI course creation feature - Rules engine - Ecommerce for external training - Multi-tenant - Support for multiple languages - Mobile App - LXP - Web services API - Integrations with HRMS, CRM etc

Growth opportunity

With right sales team focusing on big deals, this company can easily go to $10MM run rate in few years. Its scalable business with easily scalable team in India to support the sales team and clients. There are many deals with $50k+ ARR and some over $100k ARR, this shows the enterprise readiness of the product and support team. With right sales leader, this company can easily go to $10MM revenue in few years, the foundation is there. The digital marketing team has built 1500+ pages of content, many videos, social media presence etc so it get 100s of leads per month through organic traffic. The google analytics account shown on this site is just one of the many accounts.

Competitors

Docebo Accord Learn Upon Absorb Talent LMS

Highlights

Brand Website Mobile application Customers Marketing materials Domain Social media accounts Codebase Intellectual property Trademarks Other Codebase and IP 100s of organic leads from seo linkedin presence CRM database with almost all the L&D people around the world

Reason for sale

Personal reasons, the company is profitable and debt free. No litigations and single owner.