MagicFormula

Quick Facts

Tech Stack

Backend

Node.jsExpress

Database

Firebase

Frontend

React

Payments

Stripe

Infrastructure

Google Cloud

Marketing Channels

About the Business

MagicFormula is the all-in-one Chrome Extension unlocking the full potential of your data analyst activities across Excel and VBA, GoogleSheets, Airtable, SQL and DAX. - The chrome extension enable seamless integration with the spreadsheets. - We are working with OpenAI GPT3.5 to get error-free formulas. - The simplicity of your UX enable the user to increase their productivity. A verified review from one of our user : "Works well! I like the simplicity of the tool. I've tried it with Excel with great results. I hope they add more query languages in the future." - TTM revenue in 2023: $1080 ($20 of recurring revenue and $1060 of life time deal in 2023) - TTM profit in 2023 : $550 - Total Number of users: +250 - Total of paid users : +40

Business Model

Our revenue in 2023 are based on : - Recurring revenue, we have one plan at 3,77$/month for unlimited requests. - We run a Lifetime deal at 19$.

Competitive Landscape

- https://formulabot.com - https://aiexcelbot.com/ - https://ajelix.com/fr/

Reason for Selling

The founding team are moving to another project.