Asking Price $325,000
Financial Information
Revenue: $686,624 Income: $107,699
Strictly Confidential
Value Builder
Mcafee Secure
Accept our simple non-disclosure agreement… join our exclusive Raincatcher buyer's list… and get immediate and full access to the private member’s area where you’ll find a complete information packet (prospectus) on this business listing, and information on all of our new business listings and curated deals as well. \

Employee Relationship SaaS Business

Fully Digital “Anti-Survey” Tool on a Self-service Subscription Model

The Company’s “anti-survey” tool helps organizations conduct in-depth virtual conversations with their leaders, employees, and other stakeholders, allowing them to uncover potential problems, identify key opportunities, and prioritize the actions that matter most.

The Company launched in 2014 and over the next 7 years raised $16 million in Venture Capital funding. The current owners acquired the Company in late 2021 with the goal of running it and building it further. They scaled it down from its previous position and began a new target market for clients. Devoting time to family has inspired current ownership to exit.

Purchase Considerations

  • With $626,624 in total revenue in 2021 the Company’s tool is used by universities, corporations, hospital systems, and a handful of other recurring revenue clients.
  • The Company has switched to a self-service subscription model in the past six months, simplifying the sign-up process for customers and eliminating the cost and management of in-house sales teams.
  • The Company is well positioned to help organizations keep their employees engaged and satisfied, especially as many transition to fully remote or hybrid work models.
  • New ownership has the opportunity to grow the business off a new foundation laid by its current owners.
  • New owners would ideally benefit from having strong digital marketing skills, which can be used to exponentially scale the Company.
  • Current ownership is open to various deal structures and providing post sale support.

Certain principals of Raincatcher are registered representatives offering securities and investment banking services through Britehorn Securities, a registered broker-dealer (member FINRA/SIPC). Britehorn Securities and Raincatcher are not affiliated entities.


Locations
online
Employees
1 FT,   2 PT  
Years in Business
8
Asking Price
$325,000
Terms

Negotiable

Ownership
2 @ 50/50 
Facilities
The Company is location-independent
Reason For Sale
Owners are selling to devote more time to family