7-Figure SaaS Success Story

The SaaS is Nextsale, and they basically help online stores increase conversions 📈

For example, they help the stores collect email addresses and phone numbers of site visitors, then follow up to close the sale.

The business was started by three friends in 2019, and the first sentence of this profile is telling…

After working in e-commerce for nearly a decade, Taleh Karimli, Vusal Orujov and Orkhan Hajiyev recognized a common challenge that online shop owners faced.

Through working in ecommerce for 10 years, they were well versed in the challenges and opportunities for a software business.

If you’ve been working in a specific niche or industry for a while, keep an eye out for challenges or opportunities you might be able to leverage into a successful business 👀

Nextsale sold to AppHub in November 2021…

The sale price was low-7 figures, which was a 7.5x multiple of its annual recurring revenue… At the time of sale, Nextsale had about 4,000 customers and a team of five people, including the three co-founders.

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