10Web

Based in the US, 10Web provides innovative software solutions for website creation and management, specializing in AI-powered tools that simplify the process for businesses and individuals alike. 10Web operates as a software company that specializes in website building and management solutions. Founded by Armen Saghatelian and Arto Minasyan, the company is headquartered in Newark, US. In April 2021, 10Web raised USD 2.

00 mn in Seed funding, co-led by AI Fund and Sierra Ventures, bringing the total amount raised to USD 2. 00 mn. The company has made one notable deal to date, focusing on expanding its operational capacities. The core product offerings of 10Web include an AI-powered Website Builder, Managed WordPress Hosting, and specialized hosting solutions such as Dedicated WordPress Hosting and WordPress VPS Hosting.

The AI Website Builder enables users to swiftly create customized websites using artificial intelligence to generate tailored design layouts and content. This platform caters to individuals and businesses, providing an accessible solution for users with limited technical skills. The company serves a diverse clientele across North America, Europe, and parts of Asia, including entrepreneurs, small to medium-sized businesses, and agencies. 10Web's revenue model is structured around a tiered subscription system for its services, featuring basic, e-commerce, and agency plans.

Basic website hosting starts at USD 10 per month, while e-commerce solutions are available from USD 11 per month, both incorporating AI-assisted features. Agency plans begin at USD 60 per month, offering additional capabilities such as white-labeling and managed VPS hosting. Clients engage through direct-to-consumer subscription agreements, allowing comprehensive access to the platform's tools for website creation and management. 10Web plans to utilize its recent Seed funding of USD 2.

00 mn to expand operations and accelerate growth. The company is focused on developing new products and enhancing its existing offerings. Additionally, there are strategies in place to broaden market reach, particularly targeting new geographic regions, although specific areas for expansion have not yet been detailed. This funding will support these initiatives, positioning 10Web to better serve the growing demands of its diverse clientele.