Asking Price

3900000

Description

SaaS no-code augmented reality (AR) content creation and management platform with $220,000 in TTM revenue that enables businesses and brands to create, deploy and manage AR content at scale.

✅ $220,000 in TTM revenue

✅ $10,000 in revenue last month

✅ Raised $815,000 in funding

✅ Competitors: Blippar, Zappar

This platform allows brands and retailers to drastically increase ROI on existing digital content through a branded AR solution. ROAR allows companies to create and deploy AR content to drive customer engagement, increasing conversion, cross and upsell opportunities, and brand loyalty.

Tech Stack

React
Firebase
AWS
Native IOS
Native Android
integration with vuforia
ARKit
ARCore

Competitors

Blippar
Zappar

Growth Opportunity

Huge growth opportunity with the right marketing and UA budget

This platform gathers invaluable data, such as time of engagement, audience demographics, geographic location, call-to-action tracking and more. It makes it simple and easy for customers to create, deploy and manage AR content at scale, without the use of code development. It includes Augmented Reality Web Editor, IOS and Android Native ROAR AR Scanner apps, White label process.

Over 64K+ freemium self-serve users; 120+ Paid Subscribers, 15+ Enterprise and WL implementations (past and current) including Mitsubishi Motors, Clorox, Key customer - Tetrapak (MSA in place), Pernod-Ricard, Deloitte, Accenture, MIT Media Lab, Sylvania, Party City, Syngenta, Mars Wrigley, EF, Carson Dellosa, CMI Orchards, Sylvania, Vital Farms, MIT Media Lab, University of Cincinnati, Kellogg, BevAR, Davos Brands (Aviation Gin), BrandConnections (Advantage Media), carrier number of reputable educational subscribers.

Presents a significant opportunity for expansion with a number of customers and with the right focus on conversion can produce a significant and robust subscribers pool. Historically generated over 200K annual revenue, with 2019 revenue being $695K, but team and marketing efforts were significantly scaled-down due to covid resulting in decrease in revenue. With the proper ramp-up of marketing and sales, platform is positioned well to regain its position as a market leader. Several industry awards and nominations in the AR category.

Improve conversion rates
Increase digital marketing
Increase content marketing
Hire a B2B sales team
Add new product features
Expand to new markets
Focus on SEO
Social media marketing

Key Assets

Codebase and IP
Website
Brand
Social media accounts
Marketing materials
Domain
Customers
Mobile application

# of Customers

100-1,000

Team Size

7

Deal Structure

Will Disclose Metrics

Trailing Twelve Months Revenue (TTMR)

220000

Trailing Twelve Months Profit (TTMP)

0

Last Month's Revenue

10000

Last Month's Profit

0

Categories

    You May Also Be Interested In