The online platform is an interactive whiteboard designed specifically for remote education. It integrates video calling capabilities, enabling teachers and students to draw, add text, share documents, and upload photos collaboratively during lessons. Students can take and save screenshots for future reference, and lesson durations are recorded to assist in accurate invoicing. The system allows educational agencies to process payments through an integrated payment service. A notable feature is its child protection mechanisms, including an option for agencies to observe lessons discreetly, distinguishing it from other video communication tools.
Revenue is generated through monthly subscription models based on the whiteboard’s usage. The current owner, having developed and expanded the platform over the years, is seeking to sell the business due to challenges in further scaling it, especially during a period of increased demand for remote learning tools. The business is well-suited for an established company in the educational technology industry, particularly one lacking an online offering but possessing a strong client base.
Included assets cover brand elements, customer and supplier contracts, proprietary technology, customer databases, domains, and relevant digital resources. Additionally, post-sale support is part of the offering to enable a smooth transition for the new owner. This acquisition could be advantageous for a business looking to enhance its remote education capabilities with a proven platform.
Flippa’s platform is free for buyers. Here are our tips for first-time buyers:
Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself or use our trusted network of industry-leading due diligence partners. They can provide in-depth analysis, identify hidden risks, and independently assess the value of the business. Learn More