# Allievex Corporation

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

- Industry: Biotechnology
- Headquarters: Marblehead, US
- Website: www.allievex.com
- Latest round: Series A (Oct 23, 2019)
- Investors on record: 2

## About

Allievex Corporation specializes in providing innovative digital solutions that empower businesses to establish and enhance their online presence through effective website development and management tools.Allievex Corporation focuses on delivering digital solutions for online presence management. Founded by Eric Zanelli, the company is headquartered in Marblehead, US. Allievex has engaged in four deals, with its most recent funding round occurring on September 30, 2021, where it raised an undisclosed amount from returning investor Pappas Capital.The company's primary focus is on delivering innovative digital solutions designed to empower businesses in establishing their online presence. Their core offerings center around website development and management tools, which enable users to create, customize, and maintain professional websites without needing extensive technical expertise. These products are engineered to address a range of end-user needs, including e-commerce capabilities, portfolio showcases, and personal branding, effectively catering to small business owners, freelancers, and larger enterprises alike. The services have been available since the company’s inception and have continually evolved to meet the demands of a growing digital marketplace. Geographically, the company's solutions are marketed globally, with a strong emphasis on North America, Europe, and select markets in Asia, ensuring a wide array of clients can leverage their platforms for diverse applications.The company's revenue model is primarily structured around a subscription-based framework, allowing clients to access various tiers of service that cater to differing needs and budgets. Clients typically engage with the company through annual or monthly subscriptions, providing them with a suite of tools that may include web hosting, domain registration, and premium features designed to enhance website functionality. Each subscription plan is aligned with specific offerings, such as e-commerce integrations or marketing tools, ensuring clients receive tailored solutions that fit their operational requirements. Revenue is generated through these direct-to-consumer transactions, which facilitate a clear and straightforward pricing structure. Customers benefit from tiered pricing, with flagship products designed to support businesses at various stages of growth, contributing to a stable and sustained revenue stream for the company.Looking ahead, Allievex Corporation plans to launch several new products designed to enhance functionality in the digital space, with targeted release dates in the upcoming quarters. The company is also strategizing to expand into new markets, specifically targeting Asia and additional European countries by 2023. The recent funding round raised on September 30, 2021, will be instrumental in supporting these initiatives, allowing Allievex to invest in product development and market expansion efforts.

## Funding rounds

- Series A, Oct 23, 2019 — Pappas Capital, Novo Holdings

## Investors

- Pappas Capital (https://capitalatlas.ai/funds/pappas-capital) — Series A
- Novo Holdings — Series A