# Mobsting

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

- Industry: Software
- Headquarters: Beirut, Lebanon
- Website: www.mobsting.com
- Total disclosed funding: $1.2M
- Latest round: Seed (Feb 11, 2019)
- Investors on record: 3

## About

Mobsting is a technology company that excels in developing innovative solutions, focusing on AI, mobile, web, and cloud services to transform ideas into functional products for diverse industries.Founded in 2016 and headquartered in Beirut, Lebanon, Mobsting specializes in providing tailored technology solutions. The firm has completed 3 deals, with the latest funding round being a Seed round on February 11, 2019, raising USD 750,000 led by Middle East Venture Partners, alongside Flat6Labs and iSME Programme. The founder has a history in technology ventures, although no details on prior companies are available.Mobsting specializes in delivering a comprehensive range of innovative technology solutions across various sectors, with key offerings in AI, mobile, web, and cloud development. The company focuses on transforming concepts into tangible products by providing tailored services that include backend and cloud infrastructure design, mobile app development, and web application creation. Their solutions incorporate advanced technologies such as machine learning, natural language processing, and microservices architecture, catering to diverse client needs. Key clients have included Sallis.io, Tutorhouse.co.uk, Oktopi.ai, and Ajeeknow.com, serving end users ranging from students and educators to businesses aiming for operational efficiency and enhanced user engagement. Mobsting's products are marketed primarily in North America, Europe, and Asia, addressing specific regional demands for scalable and reliable technology applications.Mobsting's revenue generation model is structured around providing specialized technology services and solutions to its clients through tailored contracts and projects. The company's transactions typically involve B2B partnerships, where clients engage Mobsting for their expertise in software development, cloud solutions, and AI capabilities. Pricing structures may be defined based on project scope and complexity, often encompassing one-time development fees or ongoing service agreements. For instance, clients might subscribe to a cloud service with integrated backend management, while also accessing mobile and web applications developed by Mobsting. The firm's flagship services include customized AI-driven applications and robust platform solutions, which are integral to their business strategy, enabling them to maintain long-term partnerships with various enterprises.In February 2019, Mobsting raised USD 750,000 in Seed funding, which will be utilized to enhance product development and expand service offerings. The company aims to launch new AI-driven applications in the upcoming year to enhance its market presence. Additionally, Mobsting is planning to target markets in Europe and North America for expansion, seeking to establish a stronger foothold by the end of 2021.

## Funding rounds

- Seed, Feb 11, 2019, $0.8M — Flat6Labs, Middle East Venture Partners, iSME Programme
- Seed, Dec 7, 2016, $0.4M — Middle East Venture Partners, iSME Programme
- Seed, Sep 1, 2016 — iSME Programme

## Investors

- iSME Programme (https://capitalatlas.ai/funds/isme-programme) — Seed
- Middle East Venture Partners (https://capitalatlas.ai/funds/middle-east-venture-partners) — Seed
- Flat6Labs (https://capitalatlas.ai/funds/flat6labs) — Seed