Project Doceo

About this project
Project Doceo is a software company with a recurring SaaS revenue model, that provides workforce skills and training management for asset-intensive and highly regulated industries. The Company’s platform provides software functionality across the entire process: ➢ Project resourcing and skills management; ➢ Mobilisation and onboarding; ➢Training and competency assessment management; ➢Certification, authorisation, and site access; ➢Site compliance and skills development; ➢Use of innovative technology such as online/offline mobile apps and virtual reality (VR). We have been appointed to assist Project Doceo in looking for a strategic partner and an investor to grow its current operations and take advantage of adjacent market opportunities, including overseas growth. Key Highlights: ● SaaS software business model, once scale is reached ($2m revenue) gross profit margin is forecasted to be very high at 85%+; ● Providing a product for a known business problem that enterprises have an increasing appetite to resolve given the severe skills shortage; ● Once installed, the product is very sticky because it is embedded in core business processes – delivering a reliable and consistent revenue stream; ● Projected revenue growth is over 100% year-on-year for three years from 2025; ● Annual Recurring Revenue (ARR) is projected at 70% of total revenue; ● Strategic opportunity to leverage existing capabilities of an investor and expedite profitable business growth; ● Right product for the current market with both sector extension options and geographic expansion options.
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