W

Wingman

SaaSSubscription 2021

Fintech app that automated performance tracking and reporting for frequent options and futures traders, replacing the spreadsheets they kept by hand. Founded in 2017 by Ben Latz and Piyush Puri while at Carnegie Mellon, it was acquired by SureSwift Capital on 29 April 2021.

Financial Data

Asking Price
Undisclosed
Sale Price
Undisclosed
Monthly Revenue (MRR)
N/A
Annual Revenue (ARR)
N/A
Monthly Profit
N/A
Profit Multiple
N/A
Revenue Multiple
N/A

Exit Analysis

This database tracks 362 SaaS exits, and the ones that disclosed a price sold at a median of $20,000. 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.

From founding to sale took 4.3 years. Time to exit is a decent proxy for how built-to-sell a business was: shorter, cleaner processes usually mean documented operations and fewer surprises in due diligence.

See how this compares across the market on our market stats page, or browse more SaaS exits.

Exit Timeline

Founded
2017
Time to Exit
4.3 years
Exit Date
April 2021
Platform
Direct

Founder

B
Ben Latz
Source
Other