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SaaS Startup United States
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Legislative tracking platform for law firms and associations to monitor government affairs

P&L Documents (1)Supporting files (1)
Asking Price
$1.1M
Multiples
5.0x profit
The asking price divided by TTM net profit.
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4.3x revenue
The asking price divided by TTM gross revenue.
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Annual Growth Rate
+25%
TTM Revenue
$261k
Profit
$225.4k
Last Month's Revenue
$21.8k
Profit
$18.8k

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United States

Legislative tracking platform for law firms and associations to monitor government affairs

This is a profitable legislative tracking SaaS for law firms, trade associations, and corporate government affairs teams. Customers use it to monitor state bills, receive alerts, and create client-ready reports, making it a sticky product with strong recurring revenue. The business offers a proven core platform plus a newer AI-powered version with bill summaries, committee recaps, and faster reporting. With 60+ customers across 5 states, 95% retention, and 11 years of trusted relationships, it gives a buyer immediate cash flow and multiple growth paths. ✅ $261K ARR, $225K TTM profit, and 86% net margins ✅ Trusted by 60+ customers in a specialized, recurring-revenue niche ✅ Low 3-5% churn with long-standing customer relationships ✅ Strong upside from AI upsells, pricing increases, and expansion into new states ✅ Lean operation supported by an established offshore development team and referral partners
Asking Price
$1.1M
Multiples
5.0x profit
The asking price divided by TTM net profit.
Learn more about multiples
4.3x revenue
The asking price divided by TTM gross revenue.
Learn more about multiples
Asking Price Reasoning
The business has $261K ARR, 62 customers, 92% gross revenue retention, and 86% profit margin across 11 years — bootstrapped and debt-free. Dual platform (Standard + AI NextGen at $8K/yr) serves a sticky, relationship-driven niche with high switching costs. Growth has been organic — zero paid marketing spend to date — leaving real upside in sales investment, NextGen upsells, and expansion beyond the 5 states served today.
Recent performance
TTM Revenue
Trailing twelve month (TTM) gross revenue.
$261k last 12 months gross revenue
TTM Profit
Trailing twelve month (TTM) net profit.
$225.4k last 12 months net profit
Last Months Revenue
Total gross revenue last month.
$21.8k last month gross revenue
Last Months Profit
Total net profit last month.
$18.8k last month net profit
Customer metrics
Customers
Total unique customers who have made a purchase.
51-100 Customers
ARR
The total recurring revenue over the last full month, annualized (MRR × 12). Excludes one-time fees and variable usage revenue.
$260k ARR
Annual Growth Rate
The percentage change in revenue over the last 12 months compared to the previous 12 months.
+25% Annual Growth Rate
Churn Rate
The percentage of paying customers lost over the last 12 months.
10%+ stable Churn Rate
Company overview
Date Founded
January 2014
Team Size
Just me (1)
Business Model
  • Subscription
  • Business-to-business (B2B)
Tech Stack
  • OpenAI
  • ASP.NET
  • Amazon Web Services
  • React
  • SQL
  • C#
  • Node
  • Claude
Growth Opportunities
  • Hire a sales team
  • Expand to new markets
  • Increase pricing
  • Improve conversion rates
Competitors
  • quorum
  • fiscal note
  • fast democracy
Key Assets
  • Customers
  • Domain
  • Codebase
  • Website
  • Mobile application
  • Intellectual property
  • Brand
  • Trade names
  • Copyright
  • Social media accounts
  • vendor relationships
  • Customer contracts
  • Customer data
Acquisition details
Selling Reasoning
  • Starting a new venture
  • Lifestyle change
  • Financial gain
Financing
  • Bootstrapped
Verified business
Business address and incorporation certificate verified (US entities only).

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