# Chupamobile

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

- Industry: Internet
- Headquarters: London, UK
- Website: www.chupamobile.com
- Total disclosed funding: $1.1M
- Latest round: Seed (Jul 16, 2014)
- Investors on record: 2

## About

Chupamobile is a marketplace specializing in mobile application source codes and templates, facilitating rapid app development for developers and entrepreneurs across various platforms.Chupamobile is a source code marketplace that enables the buying and selling of mobile application source codes and templates. Founded in 2011, the company is headquartered in London, UK. The company has engaged in 5 deals, with the most recent being on August 8, 2014, when it raised USD 1.3 mn in venture funding from unspecified investors, marking the total amount raised at USD 1.3 mn. There are no known changes in business strategy or organizational structure since its inception.Chupamobile offers a wide array of mobile application source codes and templates, primarily for iOS and Android platforms, as well as Unity source codes. The marketplace provides developers and entrepreneurs with ready-to-publish solutions, including bundles and individual source codes tailored to various needs such as educational games, puzzle apps, and entertainment software, serving a global clientele predominantly in North America, Europe, and Asia.Chupamobile generates revenue through direct sales of app source codes and templates to developers and businesses. Each transaction is conducted on a per-sale basis, with prices varying based on the application's complexity and features. The company offers promotional discounts on bundles, enhancing the appeal of bulk purchases, while individual products are priced according to their market demand, supporting a streamlined B2C transaction model that facilitates efficient app development.Chupamobile plans to expand its product offerings by designing new app templates and source codes, with anticipated launches aligned with market demands. The company is also targeting expansion into new geographic regions, particularly Asia and North America, by the end of 2025. The recent funding raised in August 2014 will be utilized to support these initiatives, focusing on enhancing its marketplace infrastructure and product development.

## Funding rounds

- Seed, Jul 16, 2014, $1M — Crowdcube
- Seed, Feb 22, 2012, $0.1M — Xandas New Media Ventures

## Investors

- Xandas New Media Ventures (https://capitalatlas.ai/funds/xandas-new-media-ventures) — Seed
- Crowdcube (https://capitalatlas.ai/funds/crowdcube) — Seed