Turn audio into sharable video that you can automatically find with text overlays in 3 minutes

SaaS with $30,000 in TTM revenue featuring a tool that converts audio files to videos for youtube shorts and TikTok. It does this by ingesting an audio file of any length and extracting the text into short segments that include a keyword. The keyword is then matched to a video from the internet and organized into a reel. ✅ $35,000 in TTM revenue ✅ Stopped supporting the product. ✅ Bootstrapped ✅ Competitors: flowjin.com, veed.io, designs.ai, synthesia.io, invideo.io The entire video is editable and the videos are replaceable by both internet videos and custom-uploaded videos. The overlaid text is editable and can be positioned anywhere on the screen.

Asking Price

$20k

Multiples

Asking Price Reasoning

The product was built by a venture studio and never passed the gate in January 2023 to proceed the marketing / sales funding. However, the release of AI tools such as MidJourney makes the foundation of this product much more attractive. The Engineering behind the product is well architected, quality assured by a professional team, and built to scale. The designer created multiple unicorn companies and the management has launched 14 startups. All assets, documentation, and integrations are well maintained. The team has sold on Microacquire before. Can transfer the code easily and professionally and can even provide services after acquisition if needed.

$42k last 12 months gross revenue

$8k last 12 months net profit

$3k last month gross revenue

$2.5k last month net profit

10-50 Customers

$12k ARR

+0% Annual Growth Rate

Date Founded

February 2022

Team Size

Small (2-20)

Business Model

B2C Saas charging a monthly recurring fee based on video usage. Three tears include Basic, Creator, and Agency / Influencer which goes up in pricing and video uploads.

Tech Stack

React, AWS, Pexels, Node.JS

Growth Opportunities

Improve conversion rates
Increase digital marketing
Increase content marketing
Hire a B2B sales team
Expand to new markets
Focus on SEO
Social media marketing
Add new product features

This tool was built before Midjouney. Swapping Pexels with an AI video tool would be 1st priority. Since July 2022 - our company has not tried and market or sell the product and spent $0 on advertising, marketing, or a sales team.

Competitors

https://www.flowjin.com/
https://www.veed.io/
https://designs.ai/videomaker
https://www.synthesia.io/
https://invideo.io/

Key Assets

Codebase and IP
Brand
Social media accounts
Website
Domain
Customers
Mobile application

Selling Reasoning

The product never got the traction it needed through our network. We didn't want to spend any money on sales and marketing and decided to focus on other ventures.

Financing

Bootstrapped

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Turn audio into sharable video that you can automatically find with text overlays in 3 minutes

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