DesignArt Networks
Latest round
- Series B
Last raised
- Feb 2008
Total raised
- Undisclosed
Investors
- 3
About DesignArt Networks
Founded in 2006 and headquartered in Ra'anana, Israel, DesignArt Networks operates as a financial technology firm that specializes in insurance and investment solutions. The company has engaged in three deals to date, with the most recent deal occurring on August 23, 2012, when Qualcomm Technologies, Inc. acquired the company for an undisclosed amount. The acquisition was aimed at enhancing Qualcomm's capabilities in mobile networks.DesignArt Networks specializes in a comprehensive range of financial and insurance solutions designed to cater to individuals and businesses. The company’s core offerings include auto insurance comparisons, real estate advisory, investment insights tailored for Generation Z, and cryptocurrency educational resources. These services aim to help clients make informed decisions regarding their financial commitments, risk management, and investment strategies.DesignArt Networks generates revenue through a structured model that encompasses various transactions with its clientele. The company primarily operates on a B2C basis, facilitating direct interactions with end-users who seek to compare insurance policies or gain insights into investment opportunities. Revenue streams are derived from service fees associated with auto insurance comparisons and advisory services in real estate transactions. Clients may engage in subscription plans for ongoing access to investment insights or educational resources.000 mn, to enhance its product offerings and expand into new markets. The company is currently developing additional financial products aimed at younger demographics and anticipates launching these offerings by late 2023. Furthermore, DesignArt Networks is targeting expansion into new geographic areas, specifically aiming to enter markets in Europe and North America by 2024, thus broadening its reach and impact within the financial technology sector.
Who invested in DesignArt Networks
3 investors across 1 round
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Funding rounds
Series B
Feb 11, 2008
Amount
Undisclosed
Investors
Questions about DesignArt Networks
Who invested in DesignArt Networks?
DesignArt Networks has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has DesignArt Networks raised?
DesignArt Networks has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did DesignArt Networks last raise money?
DesignArt Networks's most recent round on record is a Series B, in Feb 2008.
What does DesignArt Networks do?
Founded in 2006 and headquartered in Ra'anana, Israel, DesignArt Networks operates as a financial technology firm that specializes in insurance and investment solutions.
Where is DesignArt Networks headquartered?
DesignArt Networks is headquartered in Ra'anana, Israel.
Which VCs invest in companies like DesignArt Networks?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at DesignArt Networks's stage. Their profiles are linked below.
VCs backing software startups at Series B
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