Clevyr Inc
How we got $8.1M
Based on its 37 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
What they do
Clevyr, Inc. is an application development and custom software firm in Oklahoma City that builds web and mobile applications, system integrations, and HubSpot revenue platforms for mid-market and enterprise businesses.
From the company's website. Industry: IT & software.
Customers & suppliers
Customers
- Legacy Bank · named on its website
- Red Rock Behavioral Health Services · named on its website
Suppliers & brands
- HubSpot · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- LIFE. CHURCH OPERATIONS, LLC · Edmond, 13 mi · $116.4M
- OKLAHOMA CITY BOATHOUSE FOUNDATION · Oklahoma City, 1 mi · $68.4M
- THE EPISCOPAL DIOCESES OF OKLAHOMA, INC. · Oklahoma City, 1 mi · $62.6M
- CROSSINGS COMMUNITY CHURCH, INC · Oklahoma City, 3 mi · $52.1M
- COMMUNITIES FOUNDATION OF OKLAHOMA · Oklahoma City, 4 mi · $48.7M
Estimated value over time
▲ 37% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▲ 0% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 37 | $8.6M |
| 2020 | Form 5500 | 21 | $4.9M |
| 2022 | Form 5500 | 23 | $5.4M |
| 2023 | Form 5500 | 36 | $8.4M |
| 2024 | Form 5500 | 37 | $8.6M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CLEVYR INC this business | $12.5M | — |
| JL SOFTWARE CONSULTING LLC Oklahoma City · 1 employees | $430K | 0.3 mi |
| WAYSTONE LLC Oklahoma City · 3 employees | $1.6M | 0.3 mi |
| SHAREPOINT PARTNERS LLC Oklahoma City · 1 employees | $491K | 0.4 mi |
| ELECTRA DIGITAL DESIGN STUDIOS, INC Oklahoma City · 6 employees | $2.2M | 0.5 mi |
| EXAPTIVE INC Oklahoma City · 20 employees | $5.4M | 0.7 mi |
| MITCHELL CONSULTING SERVICES GROUP INC. Oklahoma City · 240 employees | $103.7M | 0.7 mi |
The full calculation
| Employees reported to the SBA | 37 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $10.2M |
| Estimate: the two combined (geometric mean) | $12.5M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $1.8M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $8.1M |
| Multiple for this size and industry | 4.5× |
| Value range | $4.3M – $11.1M |
| Revenue range | $8.2M – $14.3M |
| EBITDA range | $1.2M – $2.1M |
| Industry (NAICS) | Custom Computer Programming Services (541511) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingArmstrong BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Armstrong Bank PPP 2020, PPP 2021 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $535K | 36 |
| 1/28/2021 | second | $648K | 37 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Clevyr Inc
Clevyr Inc is an it & software company in Oklahoma City, Oklahoma, in business since 2008. It is owned by Matthew Williamson (Founder). Its estimated annual revenue is about $12.5M, with roughly $1.8M of EBITDA. It has about 37 employees. Its estimated business value is $8.1M (likely range $4.3M–$11.1M).
Common questions
- Who owns Clevyr Inc?
- Clevyr Inc is owned by Matthew Williamson (Founder), according to public sources such as the company's website or filings.
- How much revenue does Clevyr Inc make?
- SeeBITDA estimates Clevyr Inc's annual revenue at about $12.5M (likely between $8.2M and $14.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Clevyr Inc worth?
- About $8.1M, roughly 4.5× its estimated EBITDA of $1.8M, typical for a it & software company its size. Likely range: $4.3M–$11.1M.
- How many employees does Clevyr Inc have?
- About 37, from its 2024 retirement-plan filing.
- When was Clevyr Inc founded?
- Clevyr Inc has been in business since 2008.