# Sonatafy Technology

Our Mission Is To Dramatically Simplify Software Development Outsourcing.

## Elevator pitch
Sonatafy Technology is an established and diversified company preferred by clients for best-in-class Nearshore software development, software consulting services / expertise and high-level customer service.

- Canonical URL: https://wefunder.com/sonatafy
- Entity ID: wefunder:company:105353
- Last updated: 2026-06-22T05:03:28Z
- Generated at: 2026-06-22T15:59:52Z

## Quick facts
- 💥 Recurring Monthly Revenue over $500k per month (as of 5/1/22)
- 🌱 200%+ YoY Revenue Growth from 2020 to 2021.
- 💰 2022 Revenue growth of 150%to 200%+ with an estimated $6M to $8M of Revenue
- 💫 $33M+ of Customer Pipeline (as of 5/1/22)
- 👀 Seeking Growth Capital Not Start-up Capital
- 💪 Expert Team w/ 100+ Years of Combined Experience
- 📈 US Tech Software & Services spend is $825B and growing
- 💥 Featured in Forbes, Entrepreneur and More

## Active fundraises
- wefunder:fundraise:55950: 506(b) successful (USD)
- wefunder:fundraise:55949: 4(a)(6) successful (USD)

## Story
Whether you’re familiar with nearshoring or this is your first time considering an augmented software team, Sonatafy is here to help. Many businesses continue to add nearshore software outsourcing to their development process, helping them to save money while also enhancing productivity. Nearshoring also helps to protect your company’s assets. At Sonatafy, our goal is to match you with top talent that complements the existing skillset of your IT team.The ProblemCompanies struggle to hire software developers fast enough due to the high demand of these resources and their internal processes. There is also a lack of access to affordable and skilled software development resources to meet companies' budgets and timelines. US based teams often need to supplement their internal expertise, but they are experiencing burnout from working with offshore teams operating in different time zones. What problems do we help solve?Sourcing high-demand software developer talentA need for skilled and affordable software developers on a tight timelineBurnout of US teams from working across different time zonesCompanies lack the necessary expertise to ensure software successThe SolutionWe help our clients' software product and solution strategies by building software teams that help them accelerate their software development efforts.Sonatafy has over 100 years of combined technical leadership and software development experience, and a proven track record of delivering high-quality talent and software solutions. This allows us to proudly serve our customers by matching top talent from Latin America with companies looking to increase growth and manage costs.We specialize in building software solutions for SaaS, healthcare/life sciences, financial, and other niche industries as we understand software compliance, scalability, security and creating long-term relationships.The ProductWe have established our company as a preferred partner for our clients by providing best-in-class nearshore software development, software consulting services/expertise, and high-level customer service. Unique IP matching software developers to clientsOur company has unique technical and business IP, which we call NEXXUS, that streamlines the process of sourcing great software talent and matching them with various client's unique business needs. This unique IP provides us with significant operational efficiencies over our competitors.Our company is a leading provider of nearshore software developer services and experts in cloud solutions, web and mobile applications, e-commerce, big data, DevOps practices, QA, IoT, and machine learning.TractionEstimated top-line revenue of up to $8M in 2022 and growing!We are leading to an estimated $6M to $8M in top-line revenue in 2022, derived from both new customers and expanded engagements with existing customers.  Over the next 12 months, management is endeavoring to grow net profit margins in excess of 20%.Average client engagement of more than 1 yearBeing in the right place at the right time with the right team, we have been industry leaders in adapting to the new remote distributed environment for software teams—accelerated by the COVID pandemic. We have a YoY projected revenue growth of 200%, with projected 12 month revenue increases of up to 250+%, based on current contracts. We also have a strong customer pipeline of over $33M (as of 5/1/22) of new opportunities.  - Won numerous software industry awards- Regularly featured in Forbes and Entrepreneur MagazineCustomersOur client-centric software solutions have made us the provider of choice for clients such as Freshly, Sharper Image, Evernote and Caterpillar to name a few. With thousands of software engineers deployed to date, clients love our personalized high-touch approach. As of 5/1/2022 we have over 30 clients netting us over $500k of monthly revenues and our client base is growing quickly. With high-quality delivery and strong customer support, we enable a client to focus on business decisions rather than software issues.Business ModelThe Sonatafy Solution allows companies to adapt and succeed in this new business environment. Our powerful marketing and sales engine has generated a $33M current client pipeline (as of 5/1/22), leading to regular Zoom meetings with C-Level executives looking for solutions for their software development teams and projects.How We Make Money1) Upfront Fees: Depending on the project, we may receive $2k–$40k+ in upfront fees for due diligence and/or putting the project teams together.2) Monthly Recurring Fees: In our software solutions, we are typically dedicating full-time resources to each client. In a typical client scenario, we place from 3 to 11+ resources and charge fixed monthly fees for each resource.The market for Tech services and Software spend in US is at $825B and growing!Our software service offerings are highly praised by our clients. We target new clients ranging from the Small to Medium Sized Business (SMB) market to Fortune 1000 firms.Trends in the software development marketClient-centric software solutions are in high demand given the exponential growth of technology products. Producing innovative software solutions requires teams that are constantly collaborating and working efficiently. Geographical proximity (for in-person meetings when needed), cultural similarities, and time zone alignment are key factors for innovation—causing companies to increasingly migrate towards nearshoring solutions vs offshoring to meet their company goals.CompetitionSonatafy Technology is different from typical freelance and recruiting options. Not only do we provide top-tier talent resources, but we also provide the process of fully integrating these resources with your development teams. This leads to improving and escalating your teams long-term, as compared to short-term, temporary placements. VisionContinue explosive growth and expand to additional countries throughout Latin America.Within the next 12 months, we would like set up operations in additional markets located in Latin America with a preference towards  Colombia, Brazil, Uruguay, and Argentina. This will enhance the breadth of our service and resource offerings with complementary customer bases. We will focus on achieving massive operating efficiencies to result in higher margins. InvestorsSonatafy regularly receives interest from Private Equity and Global IT firms to acquire our company.  However, we're looking to create greater value for our investors with the goal of building the company to $50M~$80M in annual revenue. Our powerful sales strategy, combined with a current customer pipeline of $33M (as of 5/1/22 and growing), is key to us achieving these goals!Investments raised will potentially be used to expand in additional markets and or business acquisitions, operating and growth capital, marketing and technology, computers and equipment, long-term debt payoff, legal and taxation expenses, and contingency.FoundersWe are led by a world-class team of business leaders and software/technology entrepreneurs who have had many successful exits.Over 20 years of technology experience with a proven track record of success in both the entrepreneurial and corporate world. Steve is also regularly published in Forbes and Entrepreneur Magazine.Over 20 years of executive, operations, & tech experience managing technology teams. Served in multiple capacities & executive leadership positions including Board of Directors for companies both in the US & abroad.

## FAQ
1. **Hi, do you all plan on remaining an LLC for tax purposes, and do you anticipate becoming profitable any time soon?**
   - Hi Lucas, thanks for the question. As we continue to grow and take on investors, we are constantly evaluating how we may evolve our corporate structure. Regarding profitability, although our past 12 month financials are not formalized / audited yet, our current estimates show that we have been profitable (on a month to month basis) since July 2021 to date. Additionally we continue to see aggressive revenue growth. We are excited about our future! Thanks for the questions. Happy to chat direct...
2. **"24 clients netting us over $450k of monthly revenues", how much does your largest customer contribute monthly to the $450K, what is your average customer billings per month?**
   - Hi James. Thank you for the question.....it is a great one to ask as a potential investor! To date (4/7/22) we have 34 clients and over $540k of monthly revenues (previous number was as of 12/31/21). Our largest client is ~15% of our revenue and our average customer billing per month is ~$17,000. Thank you for your interest in Sonatafy and helping us. Feel free to ask any further questions.
3. **Hi Steve, Lots of software companies valuation around 40x on the revenue, your valuation is a bit out of that range, can you please justify? I'm interested but a bit high valuation for me.**
   - Hi Quang, thank you for the question. Per the Company Valuation data provided, our research shows that software services companies are being valued at anywhere from 2.6 times revenue up to 60+ times revenue. For this offering we have valued our company at ~3.57 times revenue, which we believe is on the conservative side compared to our competitors. As we continue to develop our internal IP (which we call NEXXUS) and offer it to other companies (potentially in 2023), we expect our valuation mu...
4. **So instead of India and Eastern Europe you are going to Latin American countries? That is still offshoring.**
   - Hi Umair, thanks for the question. The term "nearshore" or "nearshoring" is typically used to discuss an approach to outsource to a third party company from another geographic location (where labor costs are typically lower), which is relatively close to the company's area or on the same time zones. This term has gained a lot of popularity in the US as it relates to software development services and outsourcing. Our target clients are in the United States (or at least their primary software t...
5. **What is your exit strategy?**
   - Hi Umair, thanks for the additional question. Our goal is to grow our annual revenues to $50M to $80M over the next 3 to 5 years and then look at an exit strategy. Potential options may include selling to a Private Equity firm, a Global IT firm and /or exploring various public market options.

## Team
- Steve Taplin (Co-Founder, CEO)
- David Turner (Co-Founder, Board of Advisors)

## Recent posts
- 2023 Q1 Shareholder Update (2023-05-08T20:17:33Z)
- 2022 Year-end Shareholder Update (2023-01-26T19:16:48Z)
- Our current round is closing tomorrow June 10th. Last chance to take advantage of our HUGE growth! (2022-06-09T23:08:34Z)
- Campaign Closing Soon! (2022-05-31T16:38:11Z)
- Why clients do business with Sonatafy? (2022-04-30T00:02:11Z)
- Typical Client Engagement | "7 Steps to Success" (2022-04-27T13:15:27Z)
- Over $100k raised and Exciting business updates (2022-04-11T20:38:49Z)
- Reminder: Sonatafy Technology Investment Opportunity LIVE Webinar tonight (2022-04-05T14:12:24Z)
- Sonatafy Technology CEO hosting LIVE investor presentation on Tuesday, April 5th at 5:30pm. (2022-03-29T22:20:49Z)

## Q&A
- Q: Hi Steve, Lots of software companies valuation around 40x on the revenue, your valuation is a bit out of that range, can you please justify? I'm interested but a bit high valuation for me.
  - A: Hi Quang, thank you for the question. Per the Company Valuation data provided, our research shows that software services companies are being valued at anywhere from 2.6 times revenue up to 60+ times revenue. For this offering we have valued our company at ~3.57 times revenue, which we believe is on the conservative side compared to our competitors. As we continue to develop our internal IP (which we call NEXXUS) and offer it to other companies (potentially in 2023), we expect our valuation multiple to increase significantly. Thanks again for your question and happy to chat at anytime.
- Q: How much of the $33M in the pipeline constitute firm commitments?
  - A: Hi Kevin, thanks for the question. I will answer this question in 2 parts: 1) The $33M pipeline consists of potential new clients that we have had 3 or more interactions with and that have shown interest in doing business with us. We use HubSpot as our CRM and have these broken out into different stages and have win % odds assigned based on past experience. None of these are firm commitments with contracts. 2) Of signed contracts, we still have over $3M of revenue (over 12 month period) signed for and committed that we are fulfilling on and have not yet realized the revenue. Thanks again for your question and happy to chat anytime.
- Q: What is your exit strategy?
  - A: Hi Umair, thanks for the additional question. Our goal is to grow our annual revenues to $50M to $80M over the next 3 to 5 years and then look at an exit strategy. Potential options may include selling to a Private Equity firm, a Global IT firm and /or exploring various public market options.
- Q: So instead of India and Eastern Europe you are going to Latin American countries? That is still offshoring.
  - A: Hi Umair, thanks for the question. The term "nearshore" or "nearshoring" is typically used to discuss an approach to outsource to a third party company from another geographic location (where labor costs are typically lower), which is relatively close to the company's area or on the same time zones. This term has gained a lot of popularity in the US as it relates to software development services and outsourcing. Our target clients are in the United States (or at least their primary software teams are physically in the US). Since our software developers are located throughout Latin America, they provide this "nearshore" support to our clients.
- Q: "24 clients netting us over $450k of monthly revenues", how much does your largest customer contribute monthly to the $450K, what is your average customer billings per month?
  - A: Hi James. Thank you for the question.....it is a great one to ask as a potential investor! To date (4/7/22) we have 34 clients and over $540k of monthly revenues (previous number was as of 12/31/21). Our largest client is ~15% of our revenue and our average customer billing per month is ~$17,000. Thank you for your interest in Sonatafy and helping us. Feel free to ask any further questions.
- Q: Hi, do you all plan on remaining an LLC for tax purposes, and do you anticipate becoming profitable any time soon?
  - A: Hi Lucas, thanks for the question. As we continue to grow and take on investors, we are constantly evaluating how we may evolve our corporate structure. Regarding profitability, although our past 12 month financials are not formalized / audited yet, our current estimates show that we have been profitable (on a month to month basis) since July 2021 to date. Additionally we continue to see aggressive revenue growth. We are excited about our future! Thanks for the questions. Happy to chat directly any time.