Allocation available in SaaS acquisition

December 21, 2023
by a searcher from Miami University of Ohio in Barcelona, Spain
We acquired Lanteria.com in June 2022, it's an HRMS focused on Mid market Microsoft users.
We raised just enough money to close the deal with a small group of investors and an SBA.
We started with $100k in working capital, so we have essentially operated bootstrapped the past 18 months. We have managed to grow revenue from $1.5 million to $2.3 million in that time.
We are raising a $1 million growth round to hire a marketing director, an AE, two senior developers, and a PM.
We had the round closed, however we had one investor drop our last week, and we have a $250k allocation available now.
DM me for more details, happy to share our data room. Minimum check size is $100k. Thanks ^redacted if you can tag some interested parties.
from Bentley University in Boston, MA, USA
Somewhat related, if you need help from finance/accounting side of things, I'd welcome a conversation to see if our firm (https://mightyfinancial.com/) could be a good fit.to improve your finance function and optimize reporting and planning activities.
from University of Mississippi in Atlanta, GA, USA