Orphaned SaaS Product Needs Home
(Software and App Companies, IT and Software Services)
Crested Butte, Colorado
Listing ID: 202002
Listing DetailsReason for Sale:
Focus on consulting; transfer software to company more capable of scaling to full potential.
Training & Support:
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations. Seller will also cooperate in marketing to his past, present and future consulting clients.
Listing SummaryBusiness Description:
This is a rare opportunity to acquire an orphaned ready to scale, robust, flexible cloud-based ‘software as a service’ (SaaS) product, which may be run as an independent business or merged into your existing management consulting or software applications company. Developed by the leading performance management consulting company for city and county governments to serve an ongoing unmet need identified by its customers, the company is no longer equipped to continue sales and scale this SaaS software solution. The product is supported by an independent developer and customer service representative. With marketing opportunities in the public, private and non-profit sectors, the product could achieve wide use if more fully developed and marketed by a more experienced software team or company.
Performance measurement modules of large ERP systems as well as smaller direct competitors (ClearPoint Strategy, Envisio and Socrata), which are primarily focused on performance measurement as opposed the company’s system focused on organizational performance.
Dedicated sales and marketing and/or adding the company’s orphaned product to an existing suite of applications as a strategic planning and performance management module.
The Seller will entertain offers of varying financial and legal structures, including down payment with royalty or earn-out.
Product was developed by an independent software developer, and is supported by an independent customer support person, both of which are available going forward. The company spent over $200,000 developing the product to this point, and has proved the product with two initial installations.
OperationYear Established: 2015
Employees: 2 independent contractors
Absentee Owner: No