Advanced Answers On Demand
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Advanced Answers On Demand - overview
Established
1995
Location
Fort Lauderdale, FL, US
Primary Industry
Healthcare IT
About
Advanced Answers On Demand provides tailored web hosting solutions featuring managed WordPress hosting, automated backups, and enhanced security for businesses seeking reliable online performance. Their services cater to various industries, ensuring operational efficiency. Founded in 1995 and headquartered in Fort Lauderdale, US, Advanced Answers On Demand specializes in web hosting services. Linda Speldewinde is the founder, and the company has undergone strategic pivots in its offerings.
The company raised USD 17. 00 mn in a BUYOUT round led by Fortissimo Capital, the latest round occurring on December 10, 2015. Advanced Answers On Demand has completed a total of 3 deals since its inception and was sold to MatrixCare in December 2015. The company specializes in providing advanced web hosting services through its proprietary platform, designed to deliver high-performance solutions for various business needs.
Their core offerings include managed WordPress hosting, automated backups, enhanced security features, and scalable performance optimization, which cater to small enterprises, e-commerce platforms, and professional bloggers across North America, Europe, and parts of Asia. Advanced Answers On Demand generates revenue primarily through subscription-based business models, allowing clients to purchase hosting plans tailored to their needs. Clients select from various pricing tiers based on required services and resources, facilitating both B2B and direct-to-consumer transactions. Their flagship managed WordPress hosting plans ensure superior performance and reliability, fostering seamless uptime and customer support.
Advanced Answers On Demand aims to expand its product offerings by introducing new web hosting solutions in the upcoming fiscal year. The company has identified specific growth opportunities in the Asian markets, targeting a 2024 rollout of services. Funding from the recent USD 17. 00 mn BUYOUT round will support these initiatives, enhancing their service capabilities and market reach.
Current Investors
OMERS, MatrixCare Holdings Inc.
Primary Industry
Healthcare IT
Sub Industries
Healthcare IT, Customer Relationship Management
Website
www.aodsoftware.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Advanced Answers On Demand - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Advanced Answers On Demand | - | ||||||||
| Secondary Buyout | Completed | Advanced Answers On Demand | - | ||||||||
| Buyout | Completed | Advanced Answers On Demand | - |
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