Goodbay Technologies, Inc.
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Goodbay Technologies, Inc. - overview
Established
2001
Location
Austin, TX, US
Primary Industry
Outsourcing
About
Goodbay Technologies, Inc. is a technology firm that focuses on optimizing supply chain management and enhancing operational efficiency through innovative software solutions tailored for various industries. Goodbay Technologies, Inc. was founded in 2001 and is headquartered in Austin, Texas, US.
The company provides advanced technology solutions for supply chain management, catering to both small and large enterprises. It was recently acquired by 24-7 Intouch, Inc. in October 2021, as part of a strategic move to enhance customer service capabilities across different regions. The CEO, Sapan Shahani, has played a pivotal role in leading the company through this transition and has a history of founding other tech ventures.
Good Bay Technologies specializes in advanced technology solutions designed to optimize supply chain management and enhance operational efficiency for businesses across various sectors. Their flagship offerings include cloud-based software applications that automate inventory tracking, order fulfillment, and logistical operations, effectively addressing the complexities faced by modern retailers and manufacturers. The company serves a diverse client base including small to medium-sized enterprises (SMEs) and large corporations spanning industries such as e-commerce, manufacturing, and distribution, primarily across North America and Europe. Good Bay Technologies generates revenue through a subscription-based model, allowing clients to access their suite of software solutions on a recurring basis.
This structure includes tiered pricing plans that cater to businesses of varying sizes, enabling clients to select service levels based on their operational requirements. Their revenue is further enhanced through partnerships with wholesale distributors and direct-to-consumer channels. Transactions often involve annual or monthly subscription fees, facilitating a predictable revenue flow and fostering long-term relationships with clients globally. Following its acquisition in October 2021, Goodbay Technologies aims to enhance its service offerings by expanding its digital solutions for customers in technology, media, and finance sectors, particularly focusing on digital customer service solutions for the gaming industry.
The company plans to leverage the acquisition to establish on-campus and work-from-home capabilities in India, the Philippines, and Jamaica, with additional offices in Austin, Texas. Goodbay Technologies is set to roll out new products designed to meet the evolving needs of its customer base, with a strategic focus on broadening its market presence in key regions.
Current Investors
24-7 Intouch, Inc.
Primary Industry
Outsourcing
Sub Industries
BPO Services, Offshore IT Services/IT Outsourcing
Website
www.goodbaytech.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Goodbay Technologies, Inc. - 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 | Completed | Goodbay Technologies, Inc. | - |
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Goodbay Technologies, Inc. - employee data


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