1. Have you been growing less since those competitors have come into the space? If you didn’t know they existed, would you even be worried? Have you actually lost any customers to them? If not I wouldn’t worry.
2. Are you making enough money to pay you and the other founders a good bonus or a dividend? It sounds like you just want some cash for all your efforts.
3. You talked about a partial exit. My previous company was acquired and spun out. You can effectively do the same thing by trying to get acquired but retain some equity and keep working for the company.
4. You could also raise money, valuations are the best they have ever been.