I recently went through the process of connecting all my data to Pipe in order to sell some of our MRR.
Was pretty simple: Connect Stripe account and share P&L, and Balance Sheet via Google Sheets.
Pipe approved the company exactly 2 weeks ago but there are still no active bids on our contracts, even though we far exceed minimum requirements.
Pipe: "We typically work with US & UK companies who have recurring revenue, with over $50k ARR and balance, and at least 6 months of runway. We'll monitor your account and let you know when there is demand for your contracts."
Company is healthy:
18 months of runway
25k-30k in monthly revenue (18k MRR)
growing 15% m-o-m
customer spent per month ranges from US$85-US$200
Would love to hear from anyone who has successfully sold MRR contracts on Pipe, or would be happy to hear from investors who have purchased MRR on Pipe to see if we need to improve something.
I ended up using https://www.arc.tech/ - highly recommend it. Very simple way to convert future revenue (present mrr) into upfront capital.