Remote, Germany headquartered Established European B2B SaaS company. Founded 2020 with multiple active enterprise clients, this business is providing the software infrastructure brands use to offer physical products on a subscription, rental, or leasing basis.

The platform is headless and API-first: it connects to a merchant's existing e-commerce storefront and payment providers and runs the full subscription lifecycle behind it — checkout, recurring billing, renewals, swaps, buyouts, returns, and payment recovery.

Unlike horizontal subscription-billing tools built for digital products, the platform was purpose-built for tangible assets: integrated customer credit checks before high-value items ship, per-asset lifecycle tracking across multiple rental cycles, automated dunning and debt collection, and European compliance. This capability set — assembled over five-plus years and dozens of live deployments — creates genuine switching costs and is difficult for digital-only platforms to replicate.

KEY HIGHLIGHTS
• Total revenue grew €442K (2023) → €723K (2024) → €1.0M (2025); ~85% is recurring subscription-license revenue.
• Gross margin expanded from 60% (2023) to 85% (2025), reaching 93% in Q1 2026 as a largely fixed delivery cost base scales.
• 51 active customers (April 2026) plus nine further signed contracts starting Q2 2026, across ~15 countries (~90% Europe) and many verticals — mobility, optical, musical instruments, baby/kids, health, electronics, furniture.
• Low concentration: no single customer exceeds ~7% of recurring revenue.
• Contracts typically run 12–24 months, with anchor enterprise agreements up to 60 months, plus a usage-based commission that grows revenue automatically as customers grow.
• Dual growth engines: an established sales-led enterprise motion and a self-serve Shopify app (launched Q1 2026) opening a low-touch acquisition channel.
• Stable 10-person team with 2.5–5 years' tenure, led by two committed founders including a CEO with a prior successful exit. Both founders willing to remain through transition.

PRICE & PROCESS:
The asking price of $3M USD represents a suggested minimum bid, however, the business is offered on an open-bid basis.

The business is offered confidentially through Livmo M&A Advisory. Full financials, customer analytics, and a complete data room are available to qualified buyers following execution of an NDA.

Note: The figures shared in this listing have been converted to USD based on the current exchange-rate at the time of listing. Data Room & teaser financial figures are stated in EUR.