# Archer Technologies Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/archer-technologies-pvt

- Industry: Software
- Headquarters: Gurugram, India
- Website: www.buildsupply.com
- Total disclosed funding: $3.8M
- Latest round: Series A (Dec 1, 2018)
- Investors on record: 2

## About

Archer Technologies Pvt. Ltd specializes in providing digital solutions that enhance business operations and online presence for SMEs. Their services include web hosting, domain registration, and website development tools.Founded in 2016 and headquartered in Gurugram, India, Archer Technologies Pvt. Ltd focuses on empowering small to medium-sized enterprises through its digital offerings. The company has successfully raised a total of INR 221.39 mn in funding through its Series A round, led by General Catalyst India, with the most recent investment occurring on December 1, 2018. Sarit Sethi, the founder, has a history of establishing ventures that cater to the tech and digital sectors.The company offers a range of digital solutions designed to empower businesses and streamline their operations. Their core product offerings include a robust web hosting platform, domain registration services, and a suite of website building tools that cater primarily to small to medium-sized enterprises (SMEs). These services enable clients to establish their online presence efficiently, manage their digital content, and optimize user interaction through integrated applications. The company primarily serves customers in North America and Europe, focusing on industries such as e-commerce, professional services, and technology startups. By providing scalable solutions that cater to various business needs, the company aims to support diverse end users looking to leverage the internet for growth.In the most recent financial year of 2022, Archer Technologies Pvt. Ltd generated revenue of INR 2,173,545.90 with an EBITDA of -602,569.70. The company generates revenue primarily through subscription-based models, which encompass web hosting plans, domain registration fees, and additional services like security features and marketing tools. Clients typically engage in annual or monthly subscription agreements, providing a steady cash flow for the business. The transaction structure often involves direct-to-consumer sales, allowing customers to select and customize their services based on specific needs. Additionally, partnerships with resellers and affiliates expand the company's reach and facilitate customer acquisition in various geographic markets.Archer Technologies Pvt. Ltd aims to enhance its product offerings by developing new solutions, although specific upcoming products and their release dates have not been disclosed. The company is also planning to expand into additional markets in North America and Europe to capture a larger share of the SME sector by 2025. The recent Series A funding of INR 221.39 mn will be utilized to support these initiatives and further develop their technological infrastructure, aligning with their strategic growth objectives.

## Funding rounds

- Series A, Dec 1, 2018, $3.2M — STRIVE, General Catalyst India
- Seed, Nov 9, 2017, $0.6M — STRIVE, General Catalyst India

## Investors

- STRIVE (https://capitalatlas.ai/funds/strive) — Seed, Series A
- General Catalyst India (https://capitalatlas.ai/funds/general-catalyst-india) — Seed, Series A