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Agency Startup United States
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Health tech product development, compliance, EHR integration, and AI consulting services

Recast financialsP&L Documents (2)Supporting files (2)Guided by Acquire
Asking Price
$3.3M
Multiples
3.7x SDE
The asking price divided by trailing twelve-month Seller's Discretionary Earnings (SDE).
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1.0x revenue
The asking price divided by TTM gross revenue.
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Annual Growth Rate
+8%
TTM Revenue
$3.3M
Profit
$887.6k
Last Month's Revenue
$262.1k
Profit
$42.6k

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Agency startup United States

Health tech product development, compliance, EHR integration, and AI consulting services

Project Falcon partners with healthcare organizations to design and build user-centric mobile and web applications that improve patient outcomes, streamline operations, and cut costs. Blending strategy, design, and engineering, its team turns complex ideas into secure, scalable, and compliant digital products for clients ranging from startups to major medical institutions. Known for creativity, technical excellence, and deep industry knowledge, Project Falcon is the trusted choice for top healthcare brands seeking transformative technology. ✅ Specializes in AI-powered mobile and web apps for healthcare ✅ Focuses on better patient outcomes, operational efficiency, and cost reduction ✅ End-to-end expertise—from strategy and design to engineering and launch ✅ Serves startups and leading medical institutions alike ✅ Delivers secure, scalable, and fully compliant solutions
Asking Price
$3.3M
Multiples
3.7x SDE
The asking price divided by trailing twelve-month Seller's Discretionary Earnings (SDE).
Learn more about multiples
1.0x revenue
The asking price divided by TTM gross revenue.
Learn more about multiples
Asking Price Reasoning
Project Falcon’s valuation is grounded in the company’s strong financial performance and operational resilience. With an EBITDA margin of 17% on $3.3 million in revenue, Project Falcon demonstrates consistent profitability and disciplined cost management. This multiple reflects both the stability of our recurring revenue base from recession-resistant healthcare, and the significant growth potential in the healthcare technology sector and in particular the AI services sector which is now 20% of our revenue up from 5% in 2023. The asking price also reflects the strategic value of the company's proprietary dataset. The seller has received multiple six-figure offers to acquire the dataset as a standalone asset. The founder has not decided to pursue those offers yet.
Recent performance
TTM Revenue
Trailing twelve month (TTM) gross revenue.
 $3.3M last 12 months gross revenue
TTM Profit
Trailing twelve month (TTM) net profit.
 $887.6k last 12 months net profit
Last Months Revenue
Total gross revenue last month.
 $262.1k last month gross revenue
Last Months Profit
Total net profit last month.
 $42.6k last month net profit
Customer metrics
Active Clients
The number of clients currently under active contract.
10-50 Active Clients
Avg Contract Value
The average revenue value of a client contract.
- Avg Contract Value
Client Retention Rate
The percentage of clients retained over the last 12 months.
- Client Retention Rate
Annual Growth Rate
The percentage change in revenue over the last 12 months compared to the previous 12 months.
+8% Annual Growth Rate
Top Customer Location
The top one or two countries by client concentration.
- Top Customer Location
Top Client Concentration
The percentage of revenue coming from the largest client.
- Top Client Concentration
Web traffic by Google Analytics
Company overview
Date Founded
April 2016
Team Size
Medium (21-100)
Business Model
  • Agency-based
  • Subscription
  • Business-to-business (B2B)
Tech Stack
  • React Native
  • React
  • Microsoft Azure
  • nextjs
  • supabase
  • railway
Growth Opportunities
  • Increase pricing
  • Social media marketing
  • Increase digital marketing
We're 100% inbound at the moment. We don't have federal contracts and don't do RFPs. A buyer who can bring outbound sales and/or federal contract experience would be an accelerant for our growth.
Competitors
  • blue label labs
  • ScienceSoft
  • WillowTree
Key Assets
  • Marketing materials
  • Customers
  • Domain
  • Website
  • Social media accounts
Acquisition details
Selling Reasoning
  • Partner or family needs
  • Lack of time
  • Lifestyle change
Financing
  • Bootstrapped
  • Loans
Revenue-based financing of $300k outstanding. This is a follow-on loan after our initial RBF loan of $250k was fully repaid.

Seller details

Startup details

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