# iChannel I.O

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ichannel-i-o

- Industry: Software
- Headquarters: Tel Aviv-Yafo, Israel
- Website: www.ichannel.io
- Total disclosed funding: $2.5M
- Latest round: Seed (Apr 26, 2018)
- Investors on record: 2

## About

iChannel I.O Ltd. specializes in providing innovative technological solutions aimed at enhancing operational efficiency across various industries including healthcare, finance, and retail.Founded in 2017 by Avi Zenou and Oren Maurice, iChannel I.O Ltd. operates out of Tel Aviv-Yafo, Israel. The company focuses on delivering advanced solutions tailored to its client's needs. In April 2018, iChannel secured USD 2.5 mn in Seed funding led by 2B Angels and PLUS Ventures. The funding was utilized to support its operational strategies and growth initiatives as the company looks to expand its market reach.The company primarily offers a suite of innovative solutions designed to address specific challenges within its target markets. Their core product line includes advanced technological tools and services that streamline operations, enhance user experience, and improve overall efficiency. These offerings cater to a diverse clientele, including businesses in sectors such as healthcare, finance, and retail, aiming to optimize their processes and achieve greater profitability. The products are strategically launched to meet the evolving demands of their end users, ensuring a user-centric approach that enhances functionality and ease of use. Geographically, the company has expanded its reach into multiple international markets, including North America and Europe, thereby establishing a robust presence where demand for such solutions is rapidly growing.The company's revenue model is primarily based on a combination of subscription services and direct-to-consumer sales, which facilitates ongoing customer engagement and loyalty. Through structured partnerships, the company collaborates with various retailers and wholesalers to distribute its flagship products more effectively. Transactions are typically initiated via annual subscription agreements that provide clients with access to premium features and ongoing support, fostering long-term relationships. Additionally, the pricing strategy is designed to cater to a range of business sizes, ensuring that both small enterprises and large corporations can benefit from tailored solutions. This diverse pricing structure enhances accessibility and encourages widespread adoption of their products across the marketplace.iChannel I.O Ltd. is planning to launch new products that are currently under design, with specific release dates expected in the upcoming quarters. The company aims to expand its operations into new markets, focusing on regions in Asia and South America by 2024. The recent Seed funding of USD 2.5 mn will be utilized to support these growth initiatives, enabling the company to enhance its product offerings and improve its market penetration.

## Funding rounds

- Seed, Apr 26, 2018, $2.5M — PLUS Ventures, 2B Angels

## Investors

- PLUS Ventures — Seed
- 2B Angels (https://capitalatlas.ai/funds/2b-angels) — Seed