# Alice Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/alice-software

- Industry: Financial Services
- Headquarters: Los Angeles, US
- Website: www.alice.co
- Total disclosed funding: $2M
- Latest round: Seed (May 14, 2021)
- Investors on record: 3

## About

Alice Software, Inc. develops technology solutions focused on enhancing user experiences and streamlining operations for businesses across various sectors, including healthcare, finance, and e-commerce.Founded in 2021, Alice Software, Inc. is based in Los Angeles, US, and specializes in delivering software solutions tailored to meet complex industry needs. The company was established by Echul Shin, who serves as the CEO. In May 2021, Alice Software raised USD 2.000 mn in a Seed round led by Arrington Capital, with participation from Accomplice and Mechanism Capital, marking its first significant funding round and total amount raised.The company offers a suite of innovative products designed to address specific challenges in its target markets. Their core offerings focus on streamlining processes and enhancing user experiences, particularly within the technology and service sectors. These products have been developed with end users in mind, aiming to solve issues related to efficiency, accessibility, and integration. The company serves a diverse client base, including both small and large enterprises, with particular emphasis on sectors such as healthcare, finance, and e-commerce. Geographically, their products are marketed and utilized in North America, Europe, and select markets in Asia, ensuring a broad reach and influence in various economic environments.The company’s revenue model is structured around a blend of subscription services and direct sales, catering primarily to B2B clients. Transactions typically occur through annual or multi-year subscription agreements, allowing clients to access the full range of products and services. In addition to subscription plans, the company engages in partnerships with retailers and wholesalers to distribute its flagship products. These partnerships facilitate a wider distribution network, enabling the company to reach a broader audience. Specific pricing plans are established based on the level of service and features included, providing clients with flexible options tailored to their needs. Overall, the revenue structure is designed to promote long-term relationships with clients while ensuring sustainable growth for the company.Alice Software plans to utilize the recent USD 2.000 mn funding for the development of new products aimed at enhancing operational efficiencies across various industries. The company is targeting expansion into European markets by the end of 2023, alongside increasing its presence in Asia. This strategic growth initiative is aligned with their focus on creating innovative software solutions that cater to the evolving needs of their clientele.

## Funding rounds

- Seed, May 14, 2021, $2M — Accomplice, Arrington Capital, Mechanism Capital

## Investors

- Accomplice (https://capitalatlas.ai/funds/accomplice) — Seed
- Arrington Capital — Seed
- Mechanism Capital (https://capitalatlas.ai/funds/mechanism-capital) — Seed