SearchStax Inc.

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SearchStax Inc. - overview

Established

2015

Location

El Segundo, CA, US

Primary Industry

Software

About

Based in California, US, and founded in 2015, SearchStax Inc. is a cloud automation platform that allows users to Deploy Solr Infrastructure in public or private clouds. The company was founded by its CEO, Sameer Maggon. In July 2023, Guidepost Growth Equity acquired a minority stake in SearchStax, Inc.


The products and services offered by SearchStax include SearchStax Cloud, a platform that automates, manages, and deploys Solr infrastructure in public and private clouds, including AWS, Azure, and Google Cloud; SearchStax Cloud Serverless, a Solr-as-a-Service platform that allows developers to develop web and mobile applications in Solr infrastructure; SearchStax Studio, a web-based application that allows marketers and developers to create and manage search experiences; and Solr Consulting. Its client base includes Canon, Black & Decker, and Toyota. The company generates revenue by offering its services on a subscription-based pricing plan. The plans include SearchStax Cloud, which includes serverless (USD 9/month), dedicated (USD 37/month–USD 337/month), customized (USD 3,999/month), and SearchStax Studio, which includes professional (USD 499/month), business (USD 799/month), enterprise (USD 1,499/month), and serverless solr service (USD 9/month–USD 999/month).


The company plans to use the investment raised in July 2022 to enhance its search capabilities, launch new products, and serve the addressable market in a scalable manner.


Current Investors

Guidepost Growth Equity

Primary Industry

Software

Sub Industries

Consulting Services, Web Applications, Analytics & Performance Software, Application Integration Software

Website

www.searchstax.com

Verticals

Cloud Computing, Mobile Apps

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

SearchStax 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)
GrowthCompletedSearchStax Inc.-

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