This is an established AI-powered performance management platform built for small and mid-sized companies. Over six years in operation, with a stable, paying customer base across the US, EU, and Asia. The product was an early mover in applying AI to the HR space - continuous feedback, goal tracking, and engagement insights that replace the broken once-a-year review cycle most teams still rely on. Why this is a strong acquisition * $148K ARR with MRR of $12,333, verified from the billing platform * 95% recurring revenue - a clean subscription book * 75% projected operating margin on a lean ~$3,250/mo post-sale cost base * ~$109K annualized operating income under a flat-MRR scenario (no growth required to hit this) * Sticky annual contracts with predictable renewal schedule and multi-year tenure at the top of the book * Diversified customer base spanning legal, defense, SaaS, manufacturing, healthcare, government, and consumer brands * Modern stack, AI features already shipped - no replatform or technical debt blockers * Global footprint with customers across multiple continents The opportunity The performance management category is large and growing, and SMBs remain dramatically underserved by the enterprise-focused incumbents. This platform sits in a sweet spot — sophisticated enough for serious HR teams, accessible enough for companies without dedicated HR ops. Two active referral partnerships are already driving deal flow: * An established enterprise partner sending qualified referrals into the SMB pipeline * An early-stage PEO partner building a referral motion into their customer base These channels are operating today and transfer with the business. A buyer doesn't need to build a channel from scratch — there is meaningful room to expand both relationships, layer in additional partnerships, and grow through SEO, integrations, and adjacent product expansion (OKRs, learning, performance reviews tied to compensation). A buyer with bandwidth and a growth playbook can compound this materially. Annual renewals cluster in three peak months of the forward period, giving a new owner clear cash visibility and natural moments to reinvest. The post-sale cost structure has been pre-engineered to be lean and operator-friendly - about $3,250/mo, which is what the 75% operating margin is built on. Transition support The founder is available for transition consulting. The intent is a real handover - platform walkthroughs, customer intros where it makes sense, vendor and infrastructure context, and ongoing availability during the buyer's ramp-up. Terms negotiable. The founder is divesting to focus on a separate venture. The performance management product is independently viable, has a clean customer base, and the cost structure has already been re-engineered to be turnkey for the next operator. Full pro-forma - MRR roll, cash collections schedule with the annual renewal calendar, growth scenarios — available under NDA.