# Augnet

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

- Industry: Marketing/Advertising
- Headquarters: UK
- Website: www.augnet.co.uk
- Total disclosed funding: $1.2M
- Latest round: Seed (Apr 23, 2019)
- Investors on record: 1

## About

Augnet Limited is a UK-based company specializing in digital services that enhance online presence and simplify website management for small to medium-sized enterprises and entrepreneurs.Founded in 2018, Augnet Limited operates from the UK, focusing on providing digital services for website management. The company was established by Daniel Gill, who has a background in entrepreneurship. Augnet has completed a total of 2 deals, with its most recent funding round being a Seed round in April 2019, where it raised GBP 950,000, led by TriplePoint Capital. The company is currently valued at GBP 8.61 million post-money.Augnet Limited offers a robust suite of digital services aimed at enhancing online presence, including website building tools, domain registration, and customizable templates. Its user-friendly solutions enable clients to create and manage their websites without extensive technical expertise, catering primarily to small to medium-sized enterprises and individual entrepreneurs globally. The services are particularly effective in North America, Europe, and parts of Asia, addressing a variety of industry needs from retail to professional services.The revenue model for Augnet Limited revolves around subscription services, where clients pay a recurring fee for access to website management features. The company employs tiered pricing plans that offer varying levels of service, ranging from basic website building tools to premium features such as enhanced security and priority support. Revenue is generated through both B2B partnerships and direct-to-consumer sales, with flagship services including trademarked tools for seamless domain connections and integration with existing platforms.Following the Seed funding round in April 2019, where Augnet Limited raised GBP 950,000, the company plans to utilize these funds to develop new products aimed at enhancing user experience and further expanding its market reach. The company is targeting growth in new geographic regions, with plans to penetrate additional markets in Europe and Asia by 2023. This expansion is part of Augnet's broader strategy to increase its global footprint and customer base.

## Funding rounds

- Seed, Apr 23, 2019, $1.2M — TriplePoint Capital

## Investors

- TriplePoint Capital (https://capitalatlas.ai/funds/triplepoint-capital) — Seed