SaaS Content Management/E-Publishing Solution

Reason for Selling:

unable to fund marketing and sales

Overview of the Business:

This is an early-stage SaaS (software-as-a-service) company that has developed a web-based software system to manage content for the purpose of regulatory submission to government authorities. This system is ideal for life science companies that are required to submit information to the government as part of their regulatory compliance. This system can be utilized by other industries that are required to submit information to government authorities such as food & beverage, legal, financial and tobacco. The technology was built from the ground up and was not based existing technologies or platforms. It has all the content management features such as version control, check in, check out, electronic signatures and compliant audit trails as well as state-of-the-art electronic publishing features for quick turnaround of electronic submissions with traceable content and agency correspondence. This solution has been well received by the small to mid size biotech and pharmaceutical companies and is fully competitive to content management and publishing tools already offered by various vendors. This application is unique because of the all-in-one functionality combining both content management and publishing, not offered by the competition. The Company has completed alpha and beta testing of the product and has fully validated the system. The system was well-received by the initial users with highly positive feedback. A patent is pending. This Company has been boot-strapped and has no institutional investors and the founder is the primary shareholder. They are now executing their go-to-market strategy through key partnerships with successful companies in this vertical. Rather that raise capital to further implement the sales and marketing strategy, the owner has decided to seek a buyer to take the company to the next higher level.

Property Features and Assets:

Virtual

Market Competition and Expansion:

The system received highly positive feedback by the initial users in the life science vertical. The system is competitive to content management and publishing tools already offered by various vendors, but making this application unique is the all-in-one functionality and seamless integration of the content management and electronic publishing tool, not offered by the competition. The management believes this system can generate revenues around $3 million in the next twelve months and up to $6 million in the following year. Because this is a SaaS business, recurring revenues are anticipated. The potential could be much greater with a buyer who is willing to pursue other verticals.

Additional Details: