Profile number 105241
13/09/2022 Date added
Located in
Location anonymous
General information
Sector
IT service
Type of company
Website
Legal entity
Foreign legal entity
Type of transaction
To be determined
Life phase enterprise
Starting
Employees in FTE
< 5
Type of buyer
- MBI candidate
- Strategic acquisition
- Investor
Financial information
Turnover last financial year
€ 0 - € 100.000
Asking price
To be agreed
Earnings before taxes
Confidential
Company history/background
This growth phase startup/scale up is a digital platform that supports and enables impactful and successful entrepreneurship. They already have a trusted global community of 7.500+ entrepreneurs globally, mainly in Switzerland and the Netherlands.
Think of a combination of LinkedIn, Zoom, Slack and Meetup, all in one platform and focused specifically for entrepreneurs.
Their platform is based on 3 key principles:
• An invite-only community exclusively for trusted and relevant members;
• A spectrum of integrated tools to enable our trusted members with easy access all in one place;
• The ability to host, manage and promote private sub-communities, while maintaining global reach and visibility.
Company activities
The company was founded in 2015 in Geneva, Switzerland and has since raised EUR 100.000 from the founders and EUR 650.000 in pre-seed funding.
Since then, the team has developed, validated and soft-launched to connect and support all entrepreneurship initiatives: entrepreneurs, incubators, accelerators, co-working spaces, universities, investors, corporate innovation, service providers, etc. Its mission is to improve the impact and success of entrepreneurs everywhere.
The company will now shift focus towards commercial growth and revenue generation, which has not yet been the focus.
Business Model:
This is a SaaS business, where individuals and businesses can pay monthly or annually for premium features.
Unique selling points
Investment need:
For the right acquirer, we believe a EUR 1M investment in team, tech, marketing and sales can capture 0.5% market share of Switzerland, leading to a revenue of approx. EUR 9M in 12 months. Rapid growth can then continue in Switzerland and globally.
Other
The founders are looking for a (strategic) buyer because of personal/health issues and other interests.
Region
Location anonymous
Sector
IT service
Type
For sale
Turnover
0 - 100.000
Overname
To be agreed