Visbit Inc.
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Visbit Inc. - overview
Established
2015
Location
Sunnyvale, CA, US
Primary Industry
Software
About
Visbit Inc. specializes in providing innovative digital solutions aimed at enhancing online presence and operational efficiency for businesses across diverse sectors. Visbit Inc. is a digital solutions provider headquartered in Sunnyvale, US, established in 2015.
The company was founded by Changyin Hiring and Yi Lu, who has a history in the tech industry. In December 2016, Visbit raised USD 3. 2 mn in Seed funding from investors including Amino Capital, Colopl Next, Eversunny Limited, Presence Capital, and ZhenFund, amounting to the total funds raised. The company's primary offerings include a suite of digital solutions designed to enhance online presence and operational efficiency for businesses across various sectors.
These products encompass web hosting services, domain registration, and website building tools, which provide users with a seamless platform to establish and maintain their online identities. The solutions cater to a diverse clientele, including small and medium-sized enterprises (SMEs), startups, and individual entrepreneurs seeking to create or expand their digital footprint. Customers utilize these services to address specific needs such as website creation, e-commerce facilitation, and online marketing strategies. Geographically, the company's products are marketed and sold in North America, Europe, and parts of Asia, allowing them to support a global customer base in diverse economic environments.
The revenue model of the company is primarily structured around subscription-based services, allowing clients to pay periodically for ongoing access to its suite of digital tools. Customers typically engage with the services through various pricing plans tailored to their specific needs, which may include monthly or annual subscriptions for web hosting and domain services. Transactions often occur directly between the company and its clients, with a focus on providing comprehensive customer support and additional upsell opportunities for premium features. The flagship products within the service portfolio drive significant customer engagement, leading to recurrent revenue streams.
Overall, the transaction structure is designed to foster long-term relationships with businesses, enabling them to continually leverage the company's solutions for their evolving online requirements. In December 2016, Visbit Inc. raised USD 3. 2 mn in Seed funding, which will be utilized to support upcoming product launches and market expansion initiatives.
The company plans to design and launch new digital tools to further enhance their service offerings. Additionally, Visbit aims to expand its market reach into new geographic regions, focusing on Asia and Europe by 2024. The recent funding will provide the necessary resources to facilitate these growth plans.
Current Investors
ZhenFund, Amino Capital, Presence Capital
Primary Industry
Software
Sub Industries
Music & Video Streaming Software
Website
www.visbit.co
Verticals
Augmented Reality (AR), Cloud Computing, Mobile Apps, Virtual Reality (VR)
Company Stage
Angel & Seed
Total Amount Raised
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