# Akermin

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

- Industry: Environmental Services
- Headquarters: St. Louis, US
- Website: www.akermin.com
- Total disclosed funding: $18M
- Latest round: Series B (Jan 26, 2010)
- Investors on record: 8

## About

Akermin is a company specializing in innovative digital solutions that enhance online presence and streamline web management, catering to a diverse clientele across various sectors.Founded in 2004 and headquartered in St. Louis, US, Akermin focuses on providing digital solutions. The company has completed a total of 16 deals, with its most recent deal taking place on January 14, 2014. The latest funding round, labeled as Venture Debt, raised USD 1.80 mn, contributing to a total capital raised of USD 1.50 mn. No significant pivots in business strategy have been noted.Akermin offers a suite of digital solutions including website hosting services, domain registration, and website building tools. These products cater to small businesses, freelancers, and large enterprises, providing seamless access to web infrastructure. The company's services address issues such as simplified website creation, enhanced online security, and improved site performance, targeting markets in North America, Europe, and Asia-Pacific.The company's revenue model includes subscription-based services and one-time transactions, enabling flexible client engagement through a tiered pricing structure. Clients can access various services such as domain registration and hosting plans, which create predictable revenue streams. The firm's main products are essential to its revenue generation as they attract a wide range of clients seeking reliable web solutions.As of January 2014, Akermin plans to utilize its recent funding of USD 1.80 mn to support the expansion of its product offerings and enhance its market presence. The company is focused on launching new products designed to improve client web management by Q4 2014. Additionally, Akermin aims to penetrate new geographic markets in Europe and Asia-Pacific by the end of 2015, thereby diversifying its client base and increasing its overall market reach.

## Funding rounds

- Series B, Jan 26, 2010, $10M — Burrill & Company, Chrysalix, Emerson, Malaysian Technology Development, Prolog Ventures, Army Venture Capital Initiative, St. Louis Arch Angels
- Series A, Oct 27, 2007, $1.5M — Chrysalix, Prolog Ventures, Army Venture Capital Initiative, St. Louis Arch Angels
- Series A, Mar 1, 2007, $3.4M — Chrysalix, Prolog Ventures, Army Venture Capital Initiative, St. Louis Arch Angels
- Series A, Oct 14, 2005, $3M — Chrysalix, Prolog Ventures, Army Venture Capital Initiative, St. Louis Arch Angels
- Seed, Mar 26, 2004, $0.4M — BioGenerator

## Investors

- BioGenerator (https://capitalatlas.ai/funds/biogenerator) — Seed
- Chrysalix (https://capitalatlas.ai/funds/chrysalix) — Series A, Series B
- Prolog Ventures (https://capitalatlas.ai/funds/prolog-ventures) — Series A, Series B
- Army Venture Capital Initiative (https://capitalatlas.ai/funds/army-venture-capital-initiative) — Series A, Series B
- St. Louis Arch Angels — Series A, Series B
- Burrill & Company (https://capitalatlas.ai/funds/burrill-company) — Series B
- Emerson — Series B
- Malaysian Technology Development (https://capitalatlas.ai/funds/malaysian-technology-development) — Series B