Industry-Leading SaaS Company in the Cyber Security Segment: Year-on-Year Growth
This highly sought-after SaaS model offers network security as both a service and in a subscription model to an already established client base that includes federal government agencies, among others. Customers hire this innovative company to identify weaknesses in their computer systems and networks before hackers find and exploit them. Recognizing the limitations of the business model and coupled with a need in the information security consulting space for innovation, the company developed a software tool that acts as a continuous penetration testing service, which should also be considered a vulnerability management as a service platform.
OPERATIONS
The company offers services in Information Security consulting and specializes in conducting penetration testing. Engagements can span from 2 weeks to yearlong contracts. They have developed Intellectual Property, including code for their web application and all appliances, and features a branded, proprietary software platform that is both user-friendly and comprehensive.
Not specified.
MARKETING AND KEY METRICS
The company does not currently utilize a sales force, which is critical to growing a software company. By bringing in a sales force, the business can increase its revenue streams 10 times in one year.
The business model is limited due to not having any sales force. Therefore, bringing in a sales force is critical to increasing revenue streams and achieving sustainable growth.
The company has year-over-year growth and extremely scalable opportunities at immediate and multi-directional levels. Its customers have six-figure accounts with federal government agencies, among others.
The company’s customer base includes federal government agencies and private clients who want to identify weaknesses in their computer systems and networks before hackers find and exploit them.
BUSINESS MODEL & RESOURCES NEEDED
The company has 4 employees.
THE INDUSTRY
This innovative company operates under the thriving, multi-billion-dollar cyber-security industry. It has a growing client base that includes federal government agencies, among others. The company’s technology specializes in network security and information security consulting services, as well as conducting penetration testing. The market is growing as cyber threats continue to increase. Therefore, this industry is always in high demand of efficient security services, presenting vast potential for expansion. Some of the marquee companies in this market include Palo Alto Networks and FireEye.
OPPORTUNITIES TO SCALE
The scalable opportunities are innumerable for this business. Some of them are building a sales force to advertise its services, including the software tool they developed, which acts as a continuous penetration testing service, improving its networking infrastructure, and improving operational processes. Filling in the operational gaps usually found in smaller software companies will also be a significant step towards increasing revenue streams.
Asking Price: $1,960,000
Gross Income: $830,460
Cash Flow: $502,200
Year Established: 2010
Employees: 4
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