AI powered enterprise LMS & LXP SaaS with recurring revenue!

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

Asking Price

$4.9M

Multiples

Asking Price Reasoning

- Enterprise features that allow it to close $100k+ deal sizes by going upmarket, with right sales team, it can reach $10MM ARR in few years - Feature-rich product with all compliances SOC2, ISO, GDPR, HIPAA - Sales is done in the US and operations from India (not outsourced, own subsidiary in India), this saves Millions in cost with more availability of potential resources - Long term clients with very sticky solution - SEO optimized website with 1500+ pages, ranking on 1st page of Google for many relevant keywords, get 100s of leads from online channel - Well established team Some of the AI features which are still in beta are not included in this valuation since they do not have any revenue yet. We can discuss pricing about those features separately.

$1.5M last 12 months gross revenue

$350k last 12 months net profit

$150k last month gross revenue

$30k last month net profit

10-50 Customers

$1.2M ARR

+20% Annual Growth Rate

Date Founded

June 2016

Team Size

Medium (21-100)

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

Tech Stack

AWS, PHP, MySQL, Linux (LAMP stack)

Growth Opportunities

Improve conversion rates
Expand to new markets
Increase pricing
Hire a B2B sales team

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

Key Assets

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

Selling Reasoning

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

Financing

Bootstrapped. This is part of the reason growth has been slow. But now the foundation is there to grow faster with someone having less pressure of cash.

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AI powered enterprise LMS & LXP SaaS with recurring revenue!

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