Indiespace was a Next.js SaaS starter kit/boilerplate bundling prebuilt landing pages, waitlist pages and templates. It had 21 customers and about $1,064 ARR when it sold for $2,000 via Microns in 2024, and the buyer rebranded it to BoilerBay.
Priced against revenue rather than profit, Indiespace sold at 1.9× annual revenue, below the 2.3× median across the 249 deals with a disclosed revenue multiple. Revenue multiples run higher than profit multiples because they ignore the cost of running the business, so they are only comparable between businesses with similar margins.
The $2,000 sale price puts it in the bottom quarter of the 570 deals with a disclosed price here, where the median is $20,000. Most indie acquisitions cluster well under the headline numbers founders read about, which is exactly why a real distribution is more useful than an average.
This database tracks 190 Developer Tools exits, and the ones that disclosed a price sold at a median of $23,000. Category matters more than founders expect: buyers apply different discount rates to a content business, a mobile app and a B2B tool even at identical revenue.
See how this compares across the market on our market stats page, or browse more Developer Tools exits.
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