# Agorus

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/agorus

- Industry: Software
- Headquarters: San Diego, US
- Website: http://www.agorus.com
- Total disclosed funding: $32M
- Latest round: Series A (Aug 20, 2023)
- Investors on record: 5

## About

Based in the US, Agorus Inc. is a digital solutions provider that specializes in optimizing online operations for businesses through advanced web hosting services and content management system support.Agorus Inc. was founded in 2018 in San Diego, US. The company provides a robust web hosting platform with a focus on WordPress, catering primarily to small to medium-sized enterprises, digital agencies, and developers. The founders, Garrett Moore and Kyle Tompane, have a history of entrepreneurship, with Moore serving as the current CEO. The company has raised a total of USD 25.04 mn across 4 deals, with the latest being a Series A round led by Toyota Ventures on August 20, 2023, at a current valuation of USD 67.65 mn.Agorus Inc. specializes in advanced digital solutions aimed at optimizing online operations for businesses. Their offerings include a sophisticated web hosting platform that supports various content management systems with a strong emphasis on WordPress. This service enhances website performance, increases security, and provides scalable resources tailored to users' needs, targeting markets in North America, Europe, and parts of Asia.The revenue model of Agorus Inc. is based on subscription services, where clients pay a recurring fee for access to hosting solutions. Customers choose from various service plans that cater to differing levels of website traffic and feature requirements. This structure ensures a predictable income stream generated from subscription fees, reflecting a reliable customer base.In December 2023, Agorus Inc. raised USD 25.04 mn in Series A funding from Toyota Ventures. The company plans to utilize this funding to support growth in production volume and aims to expand its services into new markets within North America and Europe by mid-2024. The recent funding will facilitate the launch of upcoming products designed to enhance user experience and operational efficiency.

## Funding rounds

- Series A, Aug 20, 2023, $25M — Toyota Ventures
- Seed, Jun 30, 2022, $6.5M — DivcoWest, Signia Ventures, Point72 Asset Management, Blackhorn Ventures, Toyota Ventures

## Investors

- DivcoWest — Seed
- Signia Ventures (https://capitalatlas.ai/funds/signia-ventures) — Seed
- Point72 Asset Management — Seed
- Blackhorn Ventures (https://capitalatlas.ai/funds/blackhorn-ventures) — Seed
- Toyota Ventures (https://capitalatlas.ai/funds/toyota-ventures) — Seed, Series A