The company is a B2B and B2C e-commerce retailer of digital gift cards. The company is supported by a comprehensive, proprietary software platform. The artificially intelligent software platform has machine learning capabilities, is integrated with PayPal and QuickBooks, and is highly automated, highly scalable, web-based, and applicable to any retailer in e-commerce.
Key Aspects:
· Proprietary software platform provides real-time financial analytics reports & automates loss mitigation, purchase order & inventory management, and content management for Search Engine Optimization (SEO)
· Scalability of offering allows for significant revenue growth with minimal investment in additional assets or payroll expenses
· Industry-leading fraud detection performance with automated verification of thousands of orders per day
· Year-end revenue of nearly $30.8 million in 2022
Opportunities:
· A strategic add-on opportunity for trade buyers in the e-commerce retail space
· Expand with additional digital product categories
· Deploy comprehensive advertising campaign targeted to businesses to increase the company’s B2C sales
· Roll out affiliate program for existing customers who refer new customers
Headquartered:
· Austin, Texas
Current Markets:
· The company’s B2B and B2C e-commerce business model distributes digital gift cards to retail customers worldwide.
Real Estate:
· The company operates 100% remotely.
Shareholder Objectives:
· Ownership is comprised of four equal shareholders, all of whom are looking to make a full exit at sale and pursue non-competing business ventures. All four are open to various deal structures and are willing to stay on for a reasonable period to ensure a smooth transition.