PhotoMerchant provides the most effective way for pro & amateur photographers to set up their own beautiful e-commerce & automated order workflow website in 2 minutes flat. With wedding, school & portrait photography exploding across emerging markets including Asia & Latin America, we’re poised to aggressively pursue high-growth markets with multi-language, multi-currency & multi-tax support functionality being part of the core DNA of the application. Product-market fit has been firmly established: 2,400+ paying customers @ $700,000 revenue run rate 2.6% churn Life Time Value (LTV) to Customer Acquisition Cost (CAC) ratio of 5.1* 6.6 months to recover CAC* “The best SaaS businesses have a LTV to CAC ratio that is higher than 3, sometimes as high as 7 or 8. And many *of the best SaaS businesses are able to recover their CAC in 5-7 months.” David Skok, VC & SaaS metrics thought leader Now raising small bridging round in preparation of large expansion capital round later this year.
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