Budget Infographics is a subscription based Software as a Service product sold to cities counties and school districts. The total US available market is 20,000 subscriptions and revenue of $240 million per year. The product makes local government more efficient and effective by converting their complex pdf budget into a user friendly, graphical format with one click drill-down to details, so elected officials and citizens can make informed decisions. Furthermore, the transparency provided to citizens and resulting budget understanding improves accountability of elected officials..
Within the first year of operation Budget Infographics developed the concept, defined the market, created and debugged the software and sold the first two $12,000/year subscriptions to San Marcos, TX and New Braunfels, TX. League City and Hays County are expected to sign on in February 2014.
We expect to capture 9% of the total available market within 5 years producing revenue of $20 million per year..