# MobilePaks

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

- Industry: Software
- Headquarters: Portland, US
- Website: mobilepaks.com
- Total disclosed funding: $2M
- Latest round: Seed (Sep 22, 2014)
- Investors on record: 1

## About

MobilePaks specializes in delivering innovative mobile technology solutions, focusing on enhancing user engagement and streamlining mobile transactions for businesses across various industries.MobilePaks is a technology company headquartered in Portland, US, dedicated to providing mobile solutions aimed at improving customer interactions. The company was founded by a team of experienced entrepreneurs with backgrounds in mobile app development and digital marketing. In September 2014, the company raised USD 2 million in Seed funding led by Oregon Venture Fund, marking a significant milestone in its growth. MobilePaks has successfully completed 2 deals to date, reflecting its ongoing commitment to expanding its service offerings.MobilePaks offers a range of mobile technology services designed to enhance user engagement and improve transaction efficiency. Their core services include mobile app development, mobile payment solutions, and customer engagement platforms. These services cater primarily to small to medium-sized enterprises looking to optimize their mobile presence and streamline customer interactions. By leveraging cutting-edge technology, MobilePaks helps businesses effectively connect with their audience through tailored mobile solutions.MobilePaks operates on a subscription-based revenue model, providing clients with ongoing access to their technology solutions. Clients typically engage in contracts that involve monthly or annual fees based on usage and service features. This structured approach ensures a consistent revenue stream while fostering long-term relationships with businesses seeking effective mobile solutions. The company's pricing tiers are determined by various factors, including the level of support and the number of mobile transactions managed.MobilePaks is focused on expanding its product line by introducing new innovative mobile applications, with plans to launch these solutions by the end of 2024. The company aims to penetrate new geographic markets, specifically targeting regions in Europe and Asia, with expansion initiatives expected to commence in 2025. The recent Seed funding of USD 2 million will be allocated towards product development and market entry strategies, allowing MobilePaks to enhance its service offerings and improve market reach.

## Funding rounds

- Seed, Sep 22, 2014, $2M — Oregon Venture Fund

## Investors

- Oregon Venture Fund (https://capitalatlas.ai/funds/oregon-venture-fund) — Seed