# PowWow

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.powwowmobile.com
- Total disclosed funding: $6.9M
- Latest round: Series A (Mar 24, 2017)
- Investors on record: 4

## About

PowWow, Inc. is a technology firm specializing in mobile application development, providing solutions that enable organizations to create intelligent applications across diverse platforms and devices.Founded in 2012, PowWow, Inc. operates from its headquarters in San Francisco, US. The company focuses on mobile application development, empowering enterprises to modernize legacy systems. It raised USD 4.20 mn in Series A funding on March 24, 2017, led by Vertical Venture Partners, with participation from IT-Farm Corp. and OurCrowd. PowWow has completed four deals to date.PowWow Mobile specializes in providing a comprehensive mobile application development platform known as the SmartUX Platform. This platform enables users to design and deliver intelligent, omni-channel applications that run on various devices including PCs, laptops, tablets, smartphones, and smartwatches, across multiple operating systems such as iOS, Android, Windows 10, and HTML5. The core functionality of SmartUX revolves around empowering citizen developers and business teams to modernize and extend legacy enterprise applications, enhancing user engagement and operational efficiency. End users include diverse sectors such as financial services, healthcare, retail, public services, and manufacturing, where organizations aim to streamline processes like HR management, IT service management, and customer service interactions. PowWow Mobile's products have been adopted across various geographical markets, including North America, Europe, and parts of Asia, facilitating enterprise mobility solutions globally.PowWow Mobile generates revenue primarily through a subscription-based model associated with its SmartUX Platform and related services. Clients, typically organizations looking to modernize their mobile application landscape, engage in partnerships that allow them to leverage PowWow's technology for application development. These engagements facilitate a continuous revenue stream as clients pay for access to the platform, which often includes training, support, and updates. The transaction structure is direct-to-business, focusing on enterprise clients that require tailored solutions to enhance their operational capabilities. Specific pricing plans are aligned with the features and scale of the applications developed, allowing organizations to choose the level of service that meets their unique needs without public disclosure of exact pricing tiers.In March 2017, PowWow Mobile raised USD 4.20 mn in Series A funding, which will be utilized to further develop its SmartUX Platform and expand its market reach. The company is targeting new markets in Europe and Asia by the end of 2023, aiming to introduce a new version of its platform that enhances integration capabilities with existing enterprise systems. This strategic approach aims to solidify PowWow's position in the mobile application development sector.

## Funding rounds

- Series A, Mar 24, 2017, $4.2M — IT-Farm Corp., Vertical Venture Partners, OurCrowd
- Series A, Sep 24, 2014, $2.7M — IT-Farm Corp., OurCrowd Management Limited, Vertical Venture Partners

## Investors

- IT-Farm Corp. — Series A
- OurCrowd Management Limited — Series A
- Vertical Venture Partners (https://capitalatlas.ai/funds/vertical-venture-partners) — Series A
- OurCrowd (https://capitalatlas.ai/funds/ourcrowd) — Series A