This Vertical Saas Company specializes in software development, quality assurance, mobile application development, and system integration for AI initiatives, including large language modules, retrieval-augmented generation, and computer vision. The company’s revenue is broken down into three segments- advertising industry for 70%, healthcare for 15% and entertainment for 15%. With a ten year (+/-) operating history, the company has established a strong reputation and a loyal customer base, attested by their ability to grow while maintaining all recurring revenue.
Operating entirely virtually with no leased or owned space, the business maintains a lean, remote structure. They have a workforce of eleven experienced employees and engage 112 independent contractor software personnel. The top 10 customers provide 70% of the revenue. The primary revenue stream is driven by long standing client relationships, repeat engagements and referrals. This is a unique situation where the owner would like to stay as the Chief Technical Officer.