Emerging Technologies Software Development Firm

Florida

Service Details

Listed on Jan 9, 2023

Broker has been retained to find a buyer for a Professional Services and Software Development firm focused on emerging technologies including Artificial Intelligence, Machine Learning, Blockchain as well as new product development and Big Data.

Customers are using the Company’s services to create a competitive advantage by accelerating the adoption of new technologies and augmenting or outsourcing their R&D function.
The Company has developed a portfolio of US-based loyal customers in various industries including established businesses and startups. Most of the Company’s 110+ employees are located nearshore in Latin America with significant growth opportunities. Customer retention rate is 99%. The team consists of a highly experienced group of data scientists, software engineers, technologists, and innovators.

The company’s 2022 revenues were $4.7 million with $1.5 million EBITDA, in line with continued growth in the last years. 2023 revenues are projected to be in the $6 million range.

Additional Details

Geographic Markets Served United States

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