# MAXQ AI

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

- Industry: Healthcare IT
- Headquarters: Andover, US
- Website: www.maxq.ai
- Latest round: Series A (May 1, 2020)
- Investors on record: 1

## About

MAXQ AI, Limited specializes in providing innovative digital solutions that enhance online presence and user engagement through its advanced website building platform.Founded in 2013, MAXQ AI, Limited operates a comprehensive website building platform that empowers users to create and manage their own websites. The company is headquartered in Andover, US. The founders, Netanel Peri and Robert Mehler, have established a strong foundation in the tech industry. As of May 2020, MAXQ AI raised USD 1.4 mn in a VENTURE DEBT funding round, contributing to a total amount raised of USD 7.0 mn across 6 deals.MAXQ AI offers a range of digital solutions designed to enhance online presence and user engagement. Its core product is a comprehensive website building platform that allows users to create and manage their own websites without requiring extensive technical skills. Key features include customizable templates, e-commerce capabilities, and integrated marketing tools, catering to the needs of small to medium-sized businesses looking to establish or improve their online footprint.The company generates revenue primarily through subscription-based models, where clients pay recurring fees for access to their website building and management tools. Transactions typically occur annually or monthly, depending on the subscription plan chosen. Clients may select from various tiers of service, each tailored to different needs, further supplemented by transactional fees for additional services such as domain registration and premium support.MAXQ AI plans to leverage its recent funding from the VENTURE DEBT round completed in May 2020 to develop new products and expand into new markets. The company is actively working on launching enhanced features for its website building platform and aims to enter new regions in North America and Europe by 2022, thereby broadening its client base and boosting user engagement.

## Funding rounds

- Series A, May 1, 2020 — Xplorer Capital

## Investors

- Xplorer Capital (https://capitalatlas.ai/funds/xplorer-capital) — Series A