Address
City: Westport
Neighborhood: Saugatuck
State: Connecticut
Postal Code: 06880
Country: United States
Business facts
Estimated annual revenue~$1.4M
Estimated employees~4
In business since2013
Estimate based on strong signals
Contacts
Chief Technology Officer
Area statistics (06880)
Population27,331
Median household income$242,574
Source: US Census ACS
About
Basic6 offers a secure, cloud-based "Connectivity as a Service" platform for remote deployment and real-time management of IoT devices. The platform provides an infrastructure for users to build their own applications without having to worry about deployment, remote management, and monitoring issues.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a growing category (Software Company).
EstimateCategory trend: 2021, +8.7%
Revenue trend (modeled)
~$1.1M2019
~$1.0M2020
~$1.2M2021
~$1.3M2022
~$1.4M2023
~$1.4M2024
Modeled from category averages for the region+6.1%/yr since 201980% confidence band: ±68%
Company profile
Employees (reported band)16-17
Observed
Property
Lot size0.98 acres
ZoningCPD
CountyWestern_connecticut_planning_region
Parcel owner320 POST ROAD WEST LLC
Assessed value$2.9M
On this lotshared with 3 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Software Company in Connecticut | 1,047 | ~$5.9B | ~$5.7M | ~$1.1M | 5.0★ | 1.3× |
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure18 chains expanding in this category, led by T-Mobile, Bell N Beep, Metro by T-Mobile (+286 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 202 | ~$302.2M | ~$1.5M | ~$640.3K | 1,050 | ~$94.1M | 2.2× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 35 | ~$127.1M | ~$3.6M | — | 197 | — | — |
1 km area (all businesses): median from the 175 of 202 businesses with estimates
Estimate
Area conditions (06880)
Population27,331 ±113
Median household income$242,574 ±$36,395
Median home value$1,206,500
Bachelor's degree or higher0.8%
Unemployment rate0.1%
Source: US Census ACS