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Mobile Startup United States
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App that uses artificial intelligence to offer suggestions based on sentence and paragraph inputs

P&L Documents (1)Supporting files (2)
Asking Price
$6k
Multiples
7.1x profit
The asking price divided by TTM net profit.
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3.0x revenue
The asking price divided by TTM gross revenue.
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Annual Growth Rate
-16%
TTM Revenue
$2k
Profit
$840
Last Month's Revenue
$325
Profit
$253

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Mobile startup United States

App that uses artificial intelligence to offer suggestions based on sentence and paragraph inputs

Our AI Rewriting tool enhances your writing, making it sound more professional and simplifying sentence structure creation. Writing to important people should be stress-free, engaging, and easy. Whether you're drafting a message to a colleague, completing a college essay, or chatting with friends, our tool infuses authority into your sentences, helping you sound more compelling, confident, and unique. The premium version offers features to rewrite in various tones, rewrite entire paragraphs, summarize documents and websites, and provides AI auto-completions. It understands your intent and adds flair to your writing with options like expansion, examples, jokes, nature facts, analogies, and historical facts. Our rewriting features include: - Casual - Formal - Expansion - Shortening The tool is compatible with major platforms like Facebook, Instagram, text messaging, Slack, and WhatsApp, ensuring seamless integration into your communication workflow.
Asking Price
$6k
Multiples
7.1x profit
The asking price divided by TTM net profit.
Learn more about multiples
3.0x revenue
The asking price divided by TTM gross revenue.
Learn more about multiples
Asking Price Reasoning
Based on current revenue and overall growth of AI as a whole, there is serious potential. The AI development/model used is very well trained and wouldn't require any maintenance moving forward
Recent performance
TTM Revenue
Trailing twelve month (TTM) gross revenue.
 $2k last 12 months gross revenue
TTM Profit
Trailing twelve month (TTM) net profit.
 $840 last 12 months net profit
Last Months Revenue
Total gross revenue last month.
 $325 last month gross revenue
Last Months Profit
Total net profit last month.
 $253 last month net profit
Customer metrics by
Total Downloads
The total number of app downloads to date.
- Total Downloads
Monthly Active Users
The number of unique users active over the last month.
- MAU
App Store Rating
The current average app store rating (out of 5).
- App Store Rating
Annual Growth Rate
The percentage change in revenue over the last 12 months compared to the previous 12 months.
-16% Annual Growth Rate
Paying Users
The number of users on a paid plan.
10-50 Paying Users
Company overview
Date Founded
November 2022
Team Size
Small (2-20)
Business Model
  • Subscription
SaaS type model where we charge users a subscription $4.99/week or $39.99/year based app model. We give users a free 3 day free trail for both plans and charge when the trial ends.
Tech Stack
  • OpenAI
  • Swift
  • Firebase
IOS, Swift, SwiftUI, Firebase
Growth Opportunities
  • Improve conversion rates
  • Increase pricing
  • Increase digital marketing
  • Expand to new markets
  • Social media marketing
  • New product features
  • Focus on SEO
  • Increase content marketing
Social Media Marketing via Facebook, TikTok, Instagram.... So far we are only getting organic traffic through the app store. Secondly, the Android Market and targeting other countries, both of these have not been looked into yet.
Competitors
  • Mobile App ChatBots, Nova, ChatOn
Key Assets
  • Domain
  • Customers
  • Mobile application
  • Social media accounts
  • Marketing materials
  • Website
  • Brand
Acquisition details
Selling Reasoning
  • Starting a new venture
Would like to fund another passion project that is another SaaS business away from the mobile app specturm.
Financing
  • Bootstrapped
Bootstrapped.

Seller details

Startup details

Data room

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