# Koan

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

- Industry: Software
- Headquarters: Portland, US
- Website: www.koan.co
- Total disclosed funding: $5M
- Latest round: Seed (Oct 23, 2019)
- Investors on record: 5

## About

Koan, Inc. is a company that provides domain registration and web hosting services, assisting businesses and individuals in establishing and managing their online presence effectively.Koan, Inc. was founded in 2016 in Portland, US, specializing in domain registration and web hosting services. The company has undergone strategic pivots to enhance its service offerings. The founders include Christian Barrientos, Matt Tucker, and Radoslav Georgiev, with Carmine Visconti serving as CEO. In December 2020, Koan, Inc. raised USD 1 million in venture funding from BMNT Capital, marking its third funding deal and bringing the total amount raised to USD 1 million.The company primarily offers domain registration and web hosting services for businesses and individuals aiming to establish a digital presence. Its core product suite includes domain name registration, website hosting, and management services, facilitating seamless online operations. The target customers include small to medium-sized enterprises (SMEs), entrepreneurs, and professionals across various sectors, reaching clients in North America, Europe, and parts of Asia.Koan, Inc. generates revenue primarily through subscription-based services, where clients pay for domain registrations and web hosting packages on an annual basis. Customers select from various pricing plans tailored to their needs, ensuring a steady revenue stream as services are renewed annually. Flagship offerings include branded hosting services and premium domain registration services that provide enhanced security features.The company plans to launch new products tailored to evolving customer needs, with specific release dates forthcoming. Koan, Inc. aims to expand its market reach into additional regions, specifically targeting markets in Asia and Europe by the end of 2022. The recent funding of USD 1 million will be utilized to support these initiatives, aiding in product development and strategic market expansion.

## Funding rounds

- Seed, Oct 23, 2019, $3M — Crosslink Capital, SV Angel, Uncork Capital, Webb Investment Network, Spider Capital
- Seed, Aug 1, 2016, $2M — Webb Investment Network, Spider Capital

## Investors

- Webb Investment Network (https://capitalatlas.ai/funds/webb-investment-network) — Seed
- Spider Capital (https://capitalatlas.ai/funds/spider-capital) — Seed
- Crosslink Capital (https://capitalatlas.ai/funds/crosslink-capital) — Seed
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Seed
- Uncork Capital (https://capitalatlas.ai/funds/uncork-capital) — Seed