People Research Platform

Micro-SaaS
An AI-powered platform for discreet human due diligence investigations
Published on
August 13, 2024
Main Metrics
$51,300
ARR
31
Customers
2023
Launched

$50,000

Asking Price
Already Sold
Main Metrics
$51,300
ARR
31
Customers
2023
Launched

Overview

<p>My platform was born out of a simple yet profound realization: traditional due diligence methods were no longer sufficient in today’s fast-paced, data-driven world. We recognized that the fragmented data sources and manual processes used in traditional investigations were not only time-consuming but also prone to errors. There was a critical need for a solution that could offer both speed and accuracy without compromising discretion. This led to the creation of this project, an AI-powered platform designed to revolutionize human due diligence by integrating advanced technology with comprehensive data access to generate investigations in minutes.</p><p>Our journey began with the successful launch of our platform in March 2023, which quickly gained traction among top-tier clients in investment banking, venture capital, private equity, and M&amp;A advisory. We followed this with the release of our V2 platform in June 2024, introducing advanced features that further enhanced our risk assessment capabilities. In just over a year, my platform has generated over $60,000 in revenue, reflecting strong market demand and validating our business model. Our platform now integrates over 100 billion records from 9,500 sources, providing our clients with the most comprehensive and accurate profiles available.</p><p>This project has shown strong financial performance since its launch in March 2023, with gross revenue of $60,474 and a gross profit margin of 88.15%. The platform's unit economics are particularly favorable, generating $67.39 in revenue per report with an all-in cost of $3.83, leading to a gross margin of $63.56 per report, or 94.3%. As this platform scales, these economics are expected to improve further, with cost of goods sold decreasing, which will drive even higher profitability.</p><p>My platform is strategically positioned in the growing AI-powered due diligence market, which is expected to expand significantly due to the increasing need for more efficient, accurate, and discreet investigations. my platform’s unique value proposition, combining advanced AI technology with comprehensive data integration, positions it to capture a substantial share of this $600 billion market. Specifically, my project’s focus on firms actively seeking advanced risk assessment solutions within its $45 billion Serviceable Obtainable Market provides a solid foundation for continued growth.</p><br/><br/> ✅ $51,300 in ARR ✅ 31 customers ✅ Business model: SaaS ✅ Built with Python, MongoDB, TypeScript

$51,300

Annual Revenue

31

Number of Customers

Expenses

Our cost per report is $3.83, while generating a revenue of $67.39 per report. This results in a gross margin of 94.3%. Almost all of the platform costs are variable based on customer usage.\n\nMicrosoft Azure: $36.70\/m;\nDigital Ocean: $55.17\/m;\nTracers: $313.00\/m;\nMicrobilt: $90.39\/m;\nFramer: $85.00\/m.

Business Model

My platform operates on a per use and subscription-based model, offering tiered plans tailored to the specific needs of its clients.

Target Audience

Investment Banking, Venture Capital, Private Equity, and M&A advisory.

Asking Price Reasoning

Our $200,000 asking price is based on industry-standard multiples of 5.4x profit for SaaS businesses and aligns with comparable recent sales. TRACT has demonstrated strong financial performance: gross revenue of $60,474 and a gross profit margin of 88.15%.

Reason for Selling

I no longer have the time to fully dedicate to growing the startup.

Growth Opportunity

Our growth has been limited by the lack of a dedicated sales strategy and paid advertising.

30 days free support from seller

Competitors

Thomson Reuters, Kroll Risk Consulting, LexisNexis Risk Solutions, Vcheck Global.

Tech Stack

TypeScript, Digital Ocean, Python, React, MongoDB, Azure.

Traffic Metrics

Revenue Metrics

How it works

Main Metrics
$51,300
ARR
31
Customers
2023
Launched

$200,000

Asking Price
Already Sold
Founder Details
Jack
Read the story
Main Metrics
$51,300
ARR
31
Customers
2023
Launched