S

Spend Stack

Mobile AppMobile App 2020

Spend Stack was an iOS running-total list and budgeting app built by Jordan Morgan; its company (Dreaming In Binary LLC) was acquired by Prometheus Interactive in December 2020 for an undisclosed sum.

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 81 Mobile App exits, and the ones that disclosed a price sold at a median of $5,400. 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 7.0 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 Mobile App exits.

Exit Timeline

Founded
2013
Exit Date
December 2020
Platform
Direct

Tech Stack

SwiftiOSCloudKit

Founder

J
Jordan Morgan
Source
Other