# Communo

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

- Industry: Marketing/Advertising
- Headquarters: Calgary, Canada
- Website: www.communo.com
- Total disclosed funding: $3.5M
- Latest round: Seed (Dec 31, 2019)
- Investors on record: 1

## About

Communo Corp. specializes in delivering innovative digital solutions aimed at enhancing online presence and engagement for businesses, primarily focusing on small to medium-sized enterprises.Communo Corp. is a digital solutions provider founded in 2017 and headquartered in Calgary, Canada. The company was established by Ryan Gill, who has a history of entrepreneurship. Since its inception, Communo has raised a total of CAD 3.3 million, with its most recent funding round being a Seed round completed on December 31, 2019. This round was backed by Panache Ventures and other investors, securing all funding raised to date.The company’s core product offerings center around innovative digital solutions designed to enhance online presence and engagement for businesses. These offerings encompass a range of services, including website building platforms, customizable templates, and tools aimed at enabling users to create visually appealing and functional websites without extensive technical expertise. The primary end-use cases focus on addressing the needs of small to medium-sized enterprises seeking to establish or improve their online visibility, streamline e-commerce capabilities, and enhance customer interaction through user-friendly interfaces. The products have been strategically released into various geographical markets, including North America, Europe, and parts of Asia, attracting a diverse client base that includes entrepreneurs, freelancers, and established businesses looking to optimize their digital footprint.The company generates revenue through a subscription-based model, allowing clients to access its suite of products and services. Transactions typically occur as clients choose from different pricing tiers that cater to varying levels of service and feature access. For instance, a client may select a basic plan for fundamental website functionalities or opt for a premium package that includes advanced customization options and e-commerce capabilities. This tiered pricing structure enables the company to accommodate both individual users and larger businesses, effectively serving a broad market spectrum. The revenue stream is further bolstered by additional offerings such as add-on services, enhancing the core product and providing ongoing income through annual or monthly subscriptions.In January 2020, Communo Corp. raised CAD 3.3 million in Seed funding from Panache Ventures and other investors. The company plans to utilize these funds to support the development of new products. Additionally, Communo is targeting expansion into new geographic regions, focusing on increasing its presence in Europe and Asia by 2022.

## Funding rounds

- Seed, Dec 31, 2019, $2.5M — Panache Ventures
- Seed, Aug 2, 2018, $1M — Panache Ventures

## Investors

- Panache Ventures (https://capitalatlas.ai/funds/panache-ventures) — Seed