Edtech platform that leverages AI to provide a comprehensive study tool for students

This AI-driven educational technology software, utilizing capabilities including ChatGPT, serves as an integrated study tool for students. Launched in June 2023, it has achieved an annual recurring revenue (ARR) of $223,000 with a remarkable 73% profit margin over the past three months. The business operates on a recurring revenue model, offering both monthly ($9.99) and annual ($49.99) subscriptions, ensuring a steady and predictable income stream. It has achieved a global presence with over 20,000+ installations worldwide and has seen growth through effective paid social media advertising, word of mouth, and strong search engine optimization (SEO). With the foundation set for further growth, the business is ideally positioned for a new owner to scale, leveraging assets such as an untapped email list of over 64,000 subscribers.

Asking Price

$325k

Multiples

Asking Price Reasoning

Important to Note: Profit and revenue metrics are based on 6 months of data. We have not achieved a true TTM since inception. Because of this, the asking price is set at less than a 2x ARR. Over the past three months, the company has demonstrated profitability with minimal effort, indicating a strong, underlying business model. This opportunity ensures the buyer receives a business with assured revenue streams and no outstanding liabilities.

$105.2k last 12 months gross revenue

$16.7k last 12 months net profit

$13.3k last month gross revenue

$10.1k last month net profit

1.3k Customers

$127.3k ARR

— Annual Growth Rate

Date Founded

June 2023

Team Size

Small (2-20)

Business Model

Business-to-consumer (B2C)

In November 2023, we scaled back our marketing efforts almost entirely due to time constraints; regardless, the business remained highly profitable. B2C SaaS charging a recurring fee across two pricing structures. Trial Plan - 3 days free Monthly Plan - $9.99/month Yearly Plan - $49.99/year

Tech Stack

Vercel
Amazon Web Services
OpenAI

Supabase, Framer

Growth Opportunities

Social media marketing
Increase digital marketing
Expand to new markets
Focus on SEO
New product features

Immense growth opportunities can be achieved by adding new product features and expanding the marketing to target new markets.

Competitors

Coursology
Transcript

Key Assets

Website
Marketing materials
Customers
Brand
Domain
Social media accounts
Codebase and IP

Selling Reasoning

Lack of time

We, the founders, are pivoting into the e-commerce sector and, therefore, require additional time and resources.

Financing

Bootstrapped

We are entirely bootstrapped and have 100% ownership of the business, and it would be purchased as a complete entity.

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Edtech platform that leverages AI to provide a comprehensive study tool for students

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