# Overdrive Labs

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

- Industry: Retail
- Headquarters: Santa Monica, US
- Website: www.suresale.com
- Total disclosed funding: $7M
- Latest round: Series A (Feb 6, 2020)
- Investors on record: 2

## About

Overdrive Labs, Inc. is a technology company specializing in innovative digital tools that enhance online presence and streamline web management for businesses, addressing the growing need for effective online engagement.Overdrive Labs, Inc. was founded in 2017 and is headquartered in Santa Monica, US. The company focuses on providing digital solutions for businesses. The founder, Donny Hall, has a background in technology and entrepreneurship. In February 2020, the company raised USD 7 million in Series A funding led by Upfront Ventures, with participation from Coffin Capital & Ventures.Overdrive Labs, Inc. offers a suite of digital tools designed to enhance online presence and streamline web management. Their core products include website hosting services, domain registration, and website building platforms. These services cater to small and medium-sized enterprises (SMEs), entrepreneurs, and individual users. The company’s offerings ensure clients can create and manage their online identities effectively, facilitating direct communication with end-users, while serving customers in North America, Europe, and parts of Asia.The company generates revenue through a transactional model that includes subscription services for its hosting and website management solutions. Clients can engage in annual or monthly subscription plans for various service tiers, including premium hosting packages and advanced website building tools. Additionally, strategic partnerships with third-party service providers enhance revenue streams by offering bundled services to clients, supporting their digital operations.Overdrive Labs, Inc. plans to leverage its recent Series A funding of USD 7 million raised in February 2020 to support the launch of new products aimed at improving service offerings. The company is also targeting expansion into additional markets in Europe and Asia by the end of 2022. This strategic approach will enable Overdrive Labs to cater to a broader client base while enhancing its competitive positioning in the digital tools market.

## Funding rounds

- Series A, Feb 6, 2020, $7M — Upfront, Coffin Capital & Ventures

## Investors

- Upfront (https://capitalatlas.ai/funds/upfront) — Series A
- Coffin Capital & Ventures — Series A