Universe Exploration Co.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Universe Exploration Co. - overview

Established

2014

Location

Brooklyn, NY, US

Primary Industry

Internet

About

Universe Exploration Co. specializes in providing a no-code website builder, empowering users to create diverse online platforms like e-commerce stores and blogs with ease and efficiency. Founded in 2014 and headquartered in Brooklyn, US, Universe Exploration Co. offers a no-code platform for website creation.


The company has undergone strategic developments and raised USD 30. 00 mn in Series B funding on December 6, 2021, led by Addition with participation from BoxGroup, GV, and Javelin Venture Partners. The founders include Mirjana Vlastelica, Nathan Brito, and Wayne Yi, and the CEO is Turdell Hopkinsbey. Universe is a no-code website builder that enables users to create a diverse range of online platforms, including e-commerce stores, portfolios, blogs, event pages, and fan sites.


The company offers a user-friendly drag-and-drop editor, allowing individuals to arrange content visually on a grid without needing any coding skills. Their service includes a selection of hundreds of professionally designed templates as well as the option to design a site from scratch. Universe caters to a broad customer base, including entrepreneurs, small businesses, influencers, and creative professionals, allowing them to establish an online presence effectively. The platform is utilized across various geographical markets, including the United States, Canada, the United Kingdom, and Australia, among others, facilitating global access to their website-building services.


Universe generates revenue primarily through subscription plans that offer various tiers of service, catering to different user needs. Their pricing structure includes a basic plan at USD 12. 00 per month, which provides essential tools for brand building and e-commerce functionality, while more advanced options are available at USD 25. 00 per month and USD 50.


00 per month, offering enhanced features like 4K uploads and advanced brand tools. Clients, ranging from individual creators to businesses, engage in direct transactions through these subscription services, gaining access to a suite of features tailored to their specific requirements. The company also benefits from e-commerce functionalities that allow users to sell products directly through their websites, contributing to their overall revenue model. Following the Series B funding round in December 2021, Universe Exploration Co.


plans to utilize the USD 30. 00 mn raised to enhance its GRID system and expand its commerce offerings for emerging brands. The company aims to improve its GRID platform across more devices and platforms, with a focus on growing its presence in new markets. Future Lab, Inc.


will also leverage this funding to build brand awareness in these target regions and to strengthen its distributed workforce with top talent across the country.


Current Investors

General Catalyst Partners, Greylock Partners, Founder Collective

Primary Industry

Internet

Sub Industries

Web Development, Domain & SEO Services, Analytics & Performance Software

Website

www.onuniverse.com

Verticals

Mobile Apps

Company Stage

Series B

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.