Mobile appNov 8
Class-Action Settlement Claims App
The app tells U.S. consumers which class-action settlements they can claim, earning from subscriptions and referrals to one law firm. It launched in 2025 and grows on paid ads.
- Ask
- $2.66M
- Profit
- $874K
- Multiple
- 3.0x
- Ask
- $2.66M
- Revenue
- $1.3M
- Profit
- $874K
- Margin
- 67%
- Multiple
- 3.0x
- Age
- 1 yr (2025)
How it rates
ValuationFair
Similar mobile apps we've tracked mostly ask 2.7–5.0x profit, or 2.3–5.1x adjusted for its higher risk and its size; this one asks 3.0x.
Durability
1 year old, selling through app stores on paid ads, with law-firm referral payments down 43% in a month.
Hands-off
Weekly work covers settlement research, support, app upkeep and ad buying, with some of it automated by a GPT workflow.
Why it's interesting
- $1.30M revenue in the last 12 months at a stated 69% margin, and the asking price is about 3x annualised profit after a 10% cut.
- Two income streams: 20,888 active subscriptions (6.8% of installs become paying users, 2.0% refund rate) and partner fees from a law firm ($141,184 in May 2026).
- Rated 4.7 from 10.7K App Store reviews, with about 4,000 downloads a month on iOS and Android.
- The sale includes the trademarks, domain, source code and email list, and the app runs on a common React Native and Next.js stack.
What to watch
- About 15 months of history, and the profit figure is one month's profit times 12, not an actual trailing-year result.
- Partner fees from the single personal-injury firm fell from $141,184 in May to $81,140 in June 2026. Paid legal referrals are also likely regulated by state bar rules.
- The figures don't line up. The headline says $1.30M in trailing revenue, but the description gives $905,000 in trailing proceeds and $1.22M in annual recurring revenue. It also cites 111,500 subscribers against 20,888 active subscriptions.
- 513,000 new customers in a year against 20,888 active subscriptions suggests heavy churn, which the business covers with about $323,000 a year of ad spend.
Ask the seller
- Can you share monthly revenue and profit since launch, split between subscriptions and law-firm fees, so the $1.30M revenue and $905,000 proceeds figures can be reconciled?
- What is monthly subscriber churn, and what does it cost in ads to win one paying subscriber?
- What are the term and transfer rights of the law-firm agreement, why did fees fall between May and June, and has a lawyer reviewed it for referral-rule compliance?
Growth plays
- Add partners in other practice areas, such as data-breach and mass-tort firms, so referral income doesn't rest on one personal-injury firm.
- Extend settlement coverage to Canada, which has an active class-action system, as one way to act on the localisation opportunity the listing mentions.
- Email subscribers about upcoming claim deadlines to win back lapsed users without paying for more ads.
Nov 8Added to Acumen Wire