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Contapp

Improving the way business professionals share, manage and use business card data, whilst reducing paper waste.

Description

Describe your business

We're on a journey to innovate the way we use business card data in today's digital world, to become the solution for improving convenience and help save the planet together.

Contapp is a self-funded, bootstrapped tech startup which is operating by myself, a solo-founder. As we've very recently moentised our platform, our revenue is low, however the potential for scaling the business is huge.

As seen on Ticker News, the app is the smarter and more convenient way of digitally managing & utilizing business cards, whilst helping reduce paper waste globally. Everything you wished your business card could do.

The app is more than just a business card maker or scanner, it becomes your personal business hub. The app can be used as a digital business card, business card scanner and business card manager. It's as simple as scan, save, share & manage.

Adding streamlined value to business professionals, users data security and making a positive impact on the planet are all at the heart of everything we do at the app.

Why are you selling the business?

To understand any interests from an investors POV, but also to attract the right investors who believe can take the app to the very top. The shell of an incredible startup is there, along with very achievable visions of transforming the way business professionals share, manage and use business card data in a more streamlined approach.

I feel as a solo founder that i have taken Contapp as far as I can right now, by bootstrapping the business and growing it organically. I do not have the resources or team around me to take Contapp to the next level, although compared to competitors, our vision and platform far exeeds what's already available.

The opportunities are there, however it would require the right people with the correct contacts, opportunities and vision to fulfil it's potential. Compared to what what's already available in the market/App Stores, the app has all the ingredients to propel to the top.

What is included in the sale?

  • Trademarks
  • Codebase and IP
  • Website
  • Brand
  • Partnerships & Relationships
  • Social media accounts & followings
  • Marketing materials
  • Domain
  • Customers
  • Mobile application

What is the technological stack?

  • Kotlin 1.3
  • Swift 5.0
  • NodeJS
  • Mongo/Java
  • Contabo (servers)

What actions are required to keep the business working and what's the roadmap?

Rather than being your average business card scanner, we're pivoting towards becoming an all-in-one personal business hub, with plans to integrate powerful leading softwares within our app (LinkedIn, Google Calendar, Calendly, Slack, Zoom and more), as well as CRM platforms further along our exciting roadmap.

We're also looking to integrate more languages to our scanning feature (currently only British language) so that we can target more of an international audience. We have lots of other features in the pipeline which have been given to us by our community of users, but these are the highlights.

As a bootstrapped tech startup, we're also looking to continue our growth with additional partners/collaborations with many other innovative tech startups/businesses and eco charities that share our same ethos.

The total market size for business card software was valued at $1,057.6 million in 2019 and is projected to reach $3,065.8 million by 2027; it is expected to grow at a CAGR of 14.7% from 2020 to 2027 (source: businesswire.com). So it's clear to see that with the lack of quality and innovation in this space from competitors, the gap in the market and demand is certainly there for the app to capitalise on.

Innovating with integrations to work in conjunction with a host of software platforms, plus partnership opportunities with tech & sustainability organisations.

How does your business make money?

Freemium model, in-app purchases

What marketing initiatives have been used for this business?

We're completely bootstrapped and have grown the business organically. We've done this with in-house marketing and content creations, sharing this across our social media pages, email marketing, writing articles, ASO/SEO, partnerships and also collaborations such as podcasts & guest blogs.

We've even featured on the Google Play Store 'success stories' and featured on Australian news.

How can the future owner improve this business?

The main reason for selling Contapp is because I do not have the resources or team behind me to push Contapp to the next level and truly achieve it's potential.

The future owner can easily scale Contapp with some of our ideas in our roadmap above. The big opportunity for growth here is certainly integrations and partnerships, easpecially in the events industry & corporate approach to gaining more users.

With a team behind Contapp, focusing on corporate adoption of users and also growing partnership opportunities, Contapp can truly reach the heights people mention when I speak to them about our platform. Especially when you consider the market growth and lack of quality/social presence from competitors.

We've created a trustworthy brand and a platform people enjoy using, which is value driven and easy to use, whilst saving users money, time and boosting environmental credentials. This is an exciting opportunity for anyone that believes in disrupting the market in today's digital world.

Facts & Figures

Business Start Date

March 2020

Post Sale Support

Yes

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