Address
City: Acton
Neighborhood: North Acton
State: Massachusetts
Postal Code: 01720
Country: United States
Business facts
Estimated annual revenue~$1.0M
Estimated employees~5
In business since2016
Estimate based on strong signals
Contacts
Computer Software
Area statistics (01720)
Population23,081
Median household income$151,339
Source: US Census ACS
About
Hoverlay's Augmented Reality publishing platform enables users to create and connect digital twins of art, products, or individuals, and share them across various platforms including webpages, social media, emails, print, and AR channels.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning below its category median in a growing category (Software Company).
EstimateCategory trend: 2021, +8.7%
Revenue trend (modeled)
~$606.8K2019
~$692.0K2020
~$812.1K2021
~$899.9K2022
~$950.8K2023
~$1.0M2024
Modeled from category averages for the region+10.5%/yr since 201980% confidence band: ±68%
Property
Lot size7.62 acres
Land use3400
ZoningLB
CountyMiddlesex
Parcel owner289 GREAT RD PROPERTY LLC
Assessed value$9.4M (land $5.0M)
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Software Company in Massachusetts | 3,246 | ~$27.8B | ~$8.6M | ~$1.6M | 5.0★ | 0.6× |
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure28 chains expanding in this category, led by Metro by T-Mobile, Miro Inc, Metropcs (+503 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) | 115 | ~$215.3M | ~$1.9M | ~$625.0K | 698 | ~$68.9M | 1.6× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 23 | ~$52.9M | ~$2.3M | — | 151 | — | — |
1 km area (all businesses): median from the 100 of 115 businesses with estimates
Estimate
Area conditions (01720)
Population23,081 ±321
Median household income$151,339 ±$11,682
Median home value$704,100
Bachelor's degree or higher0.8%
Unemployment rate0.1%
Source: US Census ACS