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Mid-market Medical Software Company Investment Opportunity in Carlsbad, United States

Virtual therapy - $1M ARR - $2.9M raised, $100k left.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity C Corporation
Reported Sales USD 600 thousand
Run Rate Sales USD 9.6 million
EBITDA Margin Nil
Industries Medical Software + 1 more
Locations  Carlsbad
Local Time 7:37 AM US / Pacific
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 100 thousand for 1.0% stake (Native Currency: USD 100,000)
Reason: We plan to scale our product globally and hit USD 7M in sales over the next 24 months. This new rou... View More
Includes physical assets worth USD 50 thousand
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Business Overview

1. Combined user signups of 50,000.

2. Network of 7,500 therapists.

3. US$ 1M annual recurring rate (ARR)

4. Acquisition of an early-stage startup that raised US$ 7M.

6. Year-over-Year revenue doubled in 2022 compared to 2021.

7. Expect to hit USD 7M in sales over the next 24 months.

Products & Services Overview

We operate in a service-based and software-as-a-market industry with 3 product lines.

Pay-as-you-go/monthly subscription.

1. Online video therapy (pay-as-you-go/monthly subscription)

Monthly subscription plans:

2. Add-on app (EHR) for therapists.

3. Add-on app (self-help) for clients.

Assets Overview

We plan to file patents/trademarks on the following.

- Match-making software algorithm (IP)

- Digital mental health tools (IP)

- Unique systems and processes.

- Client data to identify new products (IP)

- Office equipment - computers, monitors.

Facilities Overview

Our head office is located in Carlsbad, CA which is about 2 hrs from LA in a coworking space for growing tech startups.

Capitalization Overview

YTD we have raised US$ 3.9M in private equity from accredited investors. In addition, we have used different credit facilities such as lines of credit, loans, and govt grants as alternate sources of funding.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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