Asking Price
$ 200000
Tract
AI Background Checks
Problem Solved
TRACT 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 TRACT, an AI-powered platform designed to revolutionize human due diligence by integrating advanced technology with comprehensive data access.
Selling Points / Additional Information
Our platform has highly profitable unit economics, with each report generating $67.39 in revenue at an all-in cost of just $3.83, resulting in an impressive gross margin of 94.3%. This efficient cost structure has led to consistently high gross profits, making TRACT a financially robust and scalable business. The platform's profitability is further enhanced as it scales, with costs expected to decrease and margins to improve, offering significant upside potential for an acquirer.
TRACT serves a wealthy B2B customer base, including top-tier investment firms, M&A advisory firms, venture capital, and private equity firms. These clients rely on TRACT for their most critical due diligence needs, reflecting the trust and value placed in our platform.
Revenue Stream
Subscription & One-time-payment Based : TRACT operates on a per use and subscription-based model, offering tiered plans tailored to the specific needs of its clients. These plans range from a Single Plan at $150 per month for one report to an Enterprise Plan at $1,500 per month for 25 reports, with additional charges for overage. This pricing structure ensures that TRACT can cater to a diverse range of clients, from small firms to large enterprises. The company also offers unlimited manual research and priority support for its higher-tier plans, further enhancing its value proposition.
Stages
Revenue generation stage: ★★★★☆
Maturity stage: ★★★★☆
Commitment level required: ★★★☆☆
Awards & Recognitions
None yet.
Tech Stack
Front-end: React, TypeScript
Backend: Python, MongoDB, Azure, DigitalOcean
Financials
TTM Revenue & Earnings: $60.424 revenue; $53.298 earnings
Last 30 Day Earnings and Revenue: $920 revenue; $411 earnings
Location
Year: Late 2023
Location: New York City, New York