# Cervello

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

- Industry: IT Security/Cybersecurity
- Headquarters: Tel Aviv-Yafo, Israel
- Website: www.cervellosec.com
- Total disclosed funding: $4.5M
- Latest round: Seed (Jul 24, 2019)
- Investors on record: 2

## About

Cervello Ltd. specializes in providing digital solutions to enhance online presence and functionality for businesses, focusing on web development, content management, and hosting services for small to medium-sized enterprises.Founded in 2017, Cervello Ltd. operates from Tel Aviv-Yafo, Israel. The company offers digital solutions designed to bolster businesses' online capabilities. Its latest funding round occurred in July 2019, raising USD 4.50 million in Seed funding from investors including AWZ Ventures and North First Ventures. CEO Roie Onn leads the company, which was co-founded by Christopher Boulanger, Jim Leavitt, Peter Graham, and Roie Onn.Cervello Ltd. offers a variety of digital solutions aimed at enhancing online presence for businesses. Their primary products include a content management system, tailored web development services, and comprehensive hosting solutions. These services cater to small to medium-sized enterprises across industries such as e-commerce, education, and professional services, predominantly in North America and Europe. The company's technology enables clients to optimize operations and engage with users more efficiently.The company generates revenue primarily through subscription-based models and service fees tied to its hosting and development solutions. Clients typically enter into annual contracts that guarantee access to the platform and related support services, facilitating a steady revenue stream. The business model is characterized by direct-to-consumer relationships, allowing tailored web solutions and continuous maintenance. Pricing structures are flexible, accommodating both startups and established companies, with flagship products essential for customer retention and revenue growth through repeat business.Following the USD 4.50 million raised in Seed funding on July 24, 2019, Cervello Ltd. plans to utilize these funds to enhance its product offerings and explore new market opportunities. The company is focused on launching innovative products that will improve customer engagement and streamline website management. Additionally, Cervello aims to expand its reach into new geographic regions, specifically targeting markets in North America and Europe, with plans for implementation by the end of 2024.

## Funding rounds

- Seed, Jul 24, 2019, $4.5M — AWZ Ventures, North First Ventures

## Investors

- AWZ Ventures (https://capitalatlas.ai/funds/awz-ventures) — Seed
- North First Ventures (https://capitalatlas.ai/funds/north-first-ventures) — Seed