Weblo.com Inc.

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Weblo.com Inc. - overview

Established

2006

Location

Montreal, QC, Canada

Primary Industry

Internet

About

Weblo. com Inc. operates a unique platform that integrates social networking with virtual real estate trading, allowing users to buy, sell, and trade digital properties linked to real-world locations. Founded in 2006 in Montreal, Canada, Weblo.


com Inc. provides a platform for virtual real estate trading. The company raised USD 3. 2 mn in Series B financing on July 19, 2007, led by VantagePoint Capital Partners.


Divam Jain, the founder, has a background in digital entrepreneurship. Weblo. com offers a platform that merges social networking with virtual real estate trading. Users can buy, sell, and trade virtual properties based on real-world locations, utilizing blockchain technology for secure transactions and ownership verification, targeting online gamers and digital entrepreneurs.


Weblo. com generates revenue through transaction fees on virtual property sales in its marketplace, charging commissions on each sale. The company may also employ subscription models for premium services, which include various tiers for virtual property listings aimed at both casual users and serious investors. In July 2007, Weblo.


com raised USD 3. 2 mn in Series B financing to support its growth initiatives. The company is poised to enhance its platform with upcoming features that increase user engagement. Expansion plans include targeting new geographic regions, particularly in Europe and Asia, to capitalize on the demand for immersive digital experiences.


Current Investors

VantagePoint Capital

Primary Industry

Internet

Sub Industries

Social Networking & Communication Platform

Website

www.weblo.com

Verticals

E-commerce

Company Stage

Series B

Total Amount Raised

Subscriber access only

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