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SaaS Startup United States
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AI Study SaaS: Quizzes, Flashcards & AI Voice Tutor - 6.4K+ Paying Subs, $434K ARR, $61K SDE

P&L Documents (1)Supporting files (10)
Asking Price
$800k
Multiples
13.0x profit
The asking price divided by TTM net profit.
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1.3x revenue
The asking price divided by TTM gross revenue.
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Annual Growth Rate
+7%
TTM Revenue
$639.5k
Profit
$61.5k
Last Month's Revenue
$63.6k
Profit
$15.5k

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United States

AI Study SaaS: Quizzes, Flashcards & AI Voice Tutor - 6.4K+ Paying Subs, $434K ARR, $61K SDE

This AI study platform turns lectures, PDFs, videos and textbooks into personalized quizzes and flashcards in seconds, and adds an AI voice tutor students can talk to about what they’re learning. 18.2K monthly active users answered ~1.06M questions in September 2026. The business runs on subscriptions, with 6,400+ paying subscribers and ~$434K ARR. AI customer support and under 5 hours a week of engineering keep it simple to run. Key Highlights ✅ ~$640K TTM revenue; ~$434K ARR; ~$61K SDE ✅ Engagement: 18.2K MAU and ~1.06M questions answered a month (September 2026); ~25% of users who answer questions go on to use the AI voice tutor ✅ Word of mouth: about 1 in 5 new users came from a friend’s referral over the last 12 months ✅ Global: 150+ countries, questions in 100+ languages, app localized into 14; ~46% of revenue from the US ✅ Lean ops (<5 hrs/week); hosting, database and storage cut from ~$6.6K to ~$2.6K a month ✅ Modern stack (React/TypeScript, Python/FastAPI); full product roadmap available on acquisition
Asking Price
$800k
Multiples
13.0x profit
The asking price divided by TTM net profit.
Learn more about multiples
1.3x revenue
The asking price divided by TTM gross revenue.
Learn more about multiples
Asking Price Reasoning
$800K is ~1.25x trailing 12-month revenue (~$640K) and ~1.8x ARR (~$434K). A buyer gets 6,400+ paying subscribers across web, iOS and Android in 150+ countries, a product with an AI voice tutor and AI customer support, and a cost base that has just been cut: hosting, database and storage down from ~$6.6K to ~$2.6K a month, support contractors from ~$12K to ~$3K, and Meta ads switched off. Revenue is seasonal and peaks in the fall semester: September 2026 brought ~$64K, up from ~$37K in August.
Recent performance
TTM Revenue
Trailing twelve month (TTM) gross revenue.
$639.5k last 12 months gross revenue
TTM Profit
Trailing twelve month (TTM) net profit.
$61.5k last 12 months net profit
Last Months Revenue
Total gross revenue last month.
$63.6k last month gross revenue
Last Months Profit
Total net profit last month.
$15.5k last month net profit
Customer metrics
Customers
Total unique customers who have made a purchase.
5,000+ Customers
ARR
The total recurring revenue over the last full month, annualized (MRR × 12). Excludes one-time fees and variable usage revenue.
$434k ARR
Annual Growth Rate
The percentage change in revenue over the last 12 months compared to the previous 12 months.
+7% Annual Growth Rate
Churn Rate
The percentage of paying customers lost over the last 12 months.
10%+ stable Churn Rate
Company overview
Date Founded
February 2023
Team Size
Small (2-20)
Business Model
  • Subscription
  • Business-to-consumer (B2C)
  • Business-to-business (B2B)
Tech Stack
  • React
  • TypeScript
  • Vercel
  • Python
  • Firebase
  • OpenAI
  • Cloudflare
  • AWS hosting
  • Google Gemini
  • Langsmith
  • Modal
  • FastAPI
Growth Opportunities
  • Social media marketing
  • Increase content marketing
  • Increase digital marketing
  • Focus on SEO
  • Improve conversion rates
Competitors
  • Quizlet
  • Gizmo
  • Knowt
  • StudyFetch
  • Mindgrasp
  • ChatGPT
Key Assets
  • Mobile application
  • Trade names
  • Patents
  • Intellectual property
  • Domain
  • Codebase
  • Brand
  • Marketing materials
  • Website
  • Customers
  • Social media accounts
  • Copyright
Acquisition details
Selling Reasoning
  • Starting a new venture
Financing
  • Venture capital
Verified business
Business address and incorporation certificate verified (US entities only).

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