Goodbay Technologies, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

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 TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedGoodbay Technologies, Inc.-

Displaying 1 - 1 of 1

Goodbay Technologies, Inc. - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.