Five inputs, no email, no signup. The arithmetic is the same one we run before making an offer, and the assumptions are printed underneath so you can argue with them.
Select any that apply. Each one is a real adjustment a buyer makes, and each one is fixable before you go to market.
This is a company we'd want to talk to. Send us the real numbers and we'll come back with a range and the reasoning behind it within two business days, or a straight no.
Want a real number?A calculator with hidden assumptions is a marketing device. Here are ours, in full, so you can decide how much to trust the number it produced.
Cash in the bank, debt, and any non-recurring revenue sit outside this. A real offer nets those out separately, and the difference can be significant either way.
A strategic acquirer buying capability or market share can pay well above this range. If you have a credible strategic buyer, this number is your floor rather than your expectation.
Not from public comparables. Public software multiples move faster and further than private ones at this size, so a headline about the index tells you less than you'd think.
Everything here is cash at close. An offer with an earnout, a seller note or rolled equity should be discounted for risk and time before you compare it to this number.
Assignability, change-of-control clauses and IP ownership don't change the multiple. They change whether there's a deal at all, and they're the most common late surprise in diligence.
It's a range, and the honest version of that is plus or minus about 20% for a company inside our band. It's built from the same arithmetic we use before making an offer, but it can't see your contracts, your churn curve or your team, and those three things move real offers more than any slider here.
Curious is a long-term holding company that buys and grows software companies with empathy.
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