Singapore-based B2B SaaS platform for the higher education/training sectors. Sticky enterprise clients with <1% churn rate generating an av $45K annual revenue
The company, a SaaS business in the Education sector, specializes in delivering innovative software solutions for scheduling and resource management in educational institutions. These solutions are used by universities, training facilities, and schools across Asia and the UAE. The company's revenue is derived from a subscription model. Notably, they maintain a customer churn rate of less than 1% and have enterprise clients with significant longevity.
Based in Singapore, the business operates globally, driven by its founder, who has over two decades of experience in institutional scheduling. Daily operations, partnerships, and account management are managed by the owner, while a contract developer handles technical updates, and a commission-based sales team engages potential clients. Current operations will remain with a new owner.
The company's scheduling platform offers user-friendly interfaces, customizable features, and powerful data analytics. It provides solutions such as automated scheduling and timetable planning, hosted on a cloud-based app. Customer acquisition mainly occurs through word of mouth, with limited use of Google Ads.
Financially, the company has shown steady growth, particularly a 40% increase in 2022-2023, emphasizing the market demand for its products. The growth strategy includes expanding to new markets, leveraging paid advertising, and diversifying revenue streams.
The reason for selling is the owner's interest in pursuing another business venture. The opportunity for growth remains significant, with a promising sales pipeline and potential in other global markets.
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