# BITLIFE OU

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bitlife-ou

- Industry: Software
- Headquarters: Dubai, United Arab Emirates
- Website: www.colexion.io
- Total disclosed funding: $5M
- Latest round: Seed (Feb 3, 2022)
- Investors on record: 13

## About

BITLIFE OU is a digital solutions provider that focuses on enhancing online presence and streamlining operations for small and medium-sized businesses through its comprehensive range of services.Founded in 2021, BITLIFE OU is headquartered in Dubai, United Arab Emirates. The company specializes in developing digital infrastructure solutions. To date, they have successfully completed 2 deals, with their most recent funding round occurring on February 3, 2022. In this round, they raised USD 5.000 mn in Seed funding, primarily led by Brevan Howard Investment Management along with several other investors. The founder, Abhay Aggarwal, has a history in the industry, although details of previous ventures are not specified.BITLIFE OU provides a variety of digital solutions aimed at improving online presence and optimizing business functionalities. Their core offerings include website hosting services, domain registration, and tools for website creation, which empower individuals and small businesses to establish and manage their digital identities effectively. These services target small to medium-sized enterprises and entrepreneurs, addressing needs for website performance enhancement, online visibility improvement, and e-commerce facilitation. Their market reach extends across North America, Europe, Asia-Pacific, and selected regions in Latin America, catering to diverse client requirements.The company generates revenue through subscription-based services and one-time transaction fees. Clients typically subscribe to annual or monthly plans for hosting and domain registration, ensuring continued access to BITLIFE OU's digital infrastructure. Additionally, one-time transactions may include charges for advanced features and optimization services. Their pricing strategy is tiered, permitting clients to choose plans that align with their needs and budget, with flagship services being website hosting and domain registration forming the core of their revenue streams.Following the successful Seed funding round in February 2022, where BITLIFE OU raised USD 5.000 mn, the company plans to utilize these funds to develop and expand its Metaverse infrastructure. BITLIFE OU is also looking to introduce new products aimed specifically at enhancing its service portfolio in the Metaverse. Additionally, there are strategies in place to expand into new geographic regions, although specific target markets have not been detailed. This strategic approach reflects the company's commitment to scaling its operations and enhancing its service offerings.

## Funding rounds

- Seed, Feb 3, 2022, $5M — Brevan Howard, Jump Capital, C2 Ventures, GSR, Polygon, Inc., Gains Associates, ZBS Capital, Maven Capital, Hyperedge Capital, Goodgamesguild, Titan Ventures, Oracles Investment Group, ICO Pantera

## Investors

- Brevan Howard — Seed
- Jump Capital (https://capitalatlas.ai/funds/jump-capital) — Seed
- C2 Ventures (https://capitalatlas.ai/funds/c2-ventures) — Seed
- GSR — Seed
- Polygon, Inc. — Seed
- Gains Associates (https://capitalatlas.ai/funds/gains-associates) — Seed
- ZBS Capital (https://capitalatlas.ai/funds/zbs-capital) — Seed
- Maven Capital (https://capitalatlas.ai/funds/maven-capital) — Seed
- Hyperedge Capital (https://capitalatlas.ai/funds/hyperedge-capital) — Seed
- Goodgamesguild — Seed
- Titan Ventures (https://capitalatlas.ai/funds/titan-ventures) — Seed
- Oracles Investment Group (https://capitalatlas.ai/funds/oracles-investment-group) — Seed
- ICO Pantera — Seed