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looseleaf.ai

AI/MLsubscription 2023

Weekend project letting users chat with PDF documents using AI. Sold on Acquire.com for $20K in May 2023 with $0 revenue; buyer Damon Chen rebranded to PDF.ai and grew it past $60K MRR within months.

Financial Data

Asking Price
Undisclosed
Sale Price
$20,000 USD
Monthly Revenue (MRR)
N/A
Annual Revenue (ARR)
N/A
Monthly Profit
N/A
Profit Multiple
N/A
Revenue Multiple
N/A

Exit Analysis

The $20,000 sale price puts it in the lower half of the 608 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 141 AI/ML exits, and the ones that disclosed a price sold at a median of $10,000. 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 AI/ML exits.

Exit Timeline

Founded
2023
Exit Date
May 2023
Platform
Acquire.com

Tech Stack

OpenAINext.js
Source
Other