# pockid

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

- Industry: Financial Services
- Headquarters: Hamburg, Germany
- Website: www.pockid.money
- Total disclosed funding: $4.7M
- Latest round: Seed (Oct 19, 2021)
- Investors on record: 2

## About

pockid GmbH, based in Hamburg, Germany, was founded in 2020 to provide a digital platform that simplifies website creation and management for businesses and individuals.Founded in 2020, pockid GmbH operates from Hamburg, Germany, and specializes in developing solutions for website creation and management. The company was co-founded by Deepankar Jha and Max Schwarz. In October 2021, pockid GmbH raised EUR 4 million in Seed funding from lead investor Cavalry Ventures, with participation from Vorwerk Ventures, reaching a total amount of EUR 4 million raised to date. The current valuation of the company stands at EUR 18.911 million.pockid GmbH primarily offers a robust digital platform tailored for small to medium-sized businesses, entrepreneurs, and individuals. This platform enables users to build, customize, and host websites without the need for advanced technical skills. Key features include a variety of templates, design tools, e-commerce functionalities, and SEO capabilities, which are aimed at enhancing user engagement and driving sales. The company's services are marketed globally, with a notable presence in North America and Europe.The company generates revenue through a subscription-based model, where clients pay a recurring fee for access to its website-building tools and additional features. Revenue is primarily derived from B2B transactions, with options for direct-to-consumer purchases as well. Partnerships with third-party service providers further enhance their offerings, allowing users to integrate complementary tools seamlessly. Premium templates and enhanced e-commerce solutions are among the flagship products that contribute to customer acquisition and retention.Following their most recent Seed funding round in October 2021, where pockid GmbH raised EUR 4 million, the company plans to implement new features relevant to its target groups. Additionally, pockid GmbH aims to build a community to grow closely with its audience. The funding will support these initiatives by facilitating the development of upcoming products and helping the company expand into new markets.

## Funding rounds

- Seed, Oct 19, 2021, $4.7M — Vorwerk Ventures, NAP

## Investors

- Vorwerk Ventures (https://capitalatlas.ai/funds/vorwerk-ventures) — Seed
- NAP (https://capitalatlas.ai/funds/nap) — Seed