Tell Tool, Inc

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Tell Tool, Inc - overview

Established

1967

Location

Westfield, MA, US

Primary Industry

Aerospace

About

Tell Tool, Inc. specializes in providing advanced software solutions that facilitate effective communication and enhance operational efficiencies for businesses in various sectors. Tell Tool, Inc. was founded in 1967 and is headquartered in Westfield, US.


The company focuses on developing software tools that improve workflow processes. In April 2006, it was acquired by Platte River Ventures through PRV Aerospace. The details of the financial transaction were not disclosed. Tell Tool, Inc.


offers a suite of software applications designed to streamline business communication and enhance operational efficiency. Its flagship products empower organizations to manage internal and external communications effectively, catering to diverse business needs across multiple sectors, including technology and manufacturing. The tools are particularly valuable for organizations seeking to optimize their workflows and improve collaboration among teams, ensuring seamless connectivity in various environments. Tell Tool, Inc.


derives its revenue from subscription and licensing models, enabling clients to access its advanced communication tools for specified periods. This revenue model involves collaborations with resellers and direct sales to enterprises, offering various pricing tiers based on user needs and scalability. The company’s commitment to providing reliable software solutions has resulted in consistent engagement from clients, ensuring ongoing revenue through renewals and service upgrades. Looking ahead, Tell Tool, Inc.


plans to launch new software features aimed at enhancing user experience and integrating AI capabilities into its products by the end of 2023. The company is also targeting expansion into the European and Asian markets by 2024, aiming to establish partnerships with local enterprises. The funds from the acquisition in April 2006 are expected to support these growth initiatives, enabling the development of innovative solutions and enhancing market reach.


Current Investors

Cadence Aerospace LLC

Primary Industry

Aerospace

Sub Industries

Engineering, Aerospace

Website

www.telltool.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Tell Tool, 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-onCompletedTell Tool, Inc-

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