Project Doceo

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.