About 10Web
10Web is a company based in Newark (United States) founded in 2017 by Armen Saghatelian and Tigran Nazaryan. It operates as a SaaS (Software-as-a-Service), and Subscription Services. 10Web has raised $2 million across 1 funding round from investors including AI Fund and Sierra Ventures. 10Web offers products and services including AI Website Builder, Managed WordPress Hosting, and Ecommerce AI Builder. 10Web operates in a competitive market with competitors including Webflow, Squarespace, Weebly, Wix and Webs, among others.
- Headquarter Newark, United States
- Founders Armen Saghatelian, Tigran Nazaryan
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Tenweb
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2 M (USD)
in 1 rounds
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Latest Funding Round
$2 M (USD), Seed
Jul 06, 2021
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Investors
AI Fund
& 1 more
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Employee Count
Employee Count
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Products & Services of 10Web
10Web offers a comprehensive portfolio of products and services, including AI Website Builder, Managed WordPress Hosting, and Ecommerce AI Builder. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Websites are built using AI for quick creation.
Hosting for WordPress is provided with automated management.
Ecommerce stores are created using AI-driven tools.
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Funding Insights of 10Web
10Web has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in July 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $2.0M
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First Round
First Round
(06 Jul 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Seed - 10Web | Valuation | AI Fund , Sierra Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 10Web
10Web has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include AI Fund and Sierra Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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AI Fund is operated as a venture studio for AI startups.
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Founded Year | Domain | Location | |
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Early-stage venture capital investments in AI, healthcare, and enterprise technologies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 10Web
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 10Web
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
10Web Comparisons
Competitors of 10Web
10Web operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Webflow, Squarespace, Weebly, Wix and Webs, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud based website development platform
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| domain | founded_year | HQ Location |
Cloud-based website builder tool
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| domain | founded_year | HQ Location |
Tools for creating websites and online stores are provided.
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| domain | founded_year | HQ Location |
Websites are built using Wix's cloud-based drag-and-drop platform.
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| domain | founded_year | HQ Location |
Websites are built without coding via a cloud-based drag-and-drop platform.
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| domain | founded_year | HQ Location |
Provider of cloud based website management solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 10Web
When was 10Web founded?
10Web was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is 10Web located?
10Web is headquartered in Newark, United States. It is registered at Newark, New Jersey, United States.
Who is the current CEO of 10Web?
Tigran Nazaryan is the current CEO of 10Web. They have also founded this company.
Is 10Web a funded company?
10Web is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Jul 06, 2021.
What does 10Web do?
10Web is established as an AI-driven platform focused on simplifying website creation, hosting, and management. Websites are built using AI tools for small businesses, ecommerce stores, and agencies. Hosting solutions are provided on Google Cloud with high performance and security features. Services are extended to various sectors including SMBs and developers, with scalable options for large WordPress sites. Comprehensive dashboards are offered for managing operations seamlessly.
Who are the top competitors of 10Web?
10Web's top competitors include Webflow, Squarespace and Wix.
What products or services does 10Web offer?
10Web offers AI Website Builder, Managed WordPress Hosting, and Ecommerce AI Builder.
Who are 10Web's investors?
10Web has 2 investors. Key investors include AI Fund, and Sierra Ventures.