# Strattic

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

- Industry: Internet
- Headquarters: Jerusalem, Israel
- Website: www.strattic.com
- Total disclosed funding: $6.5M
- Latest round: Seed (Feb 26, 2020)
- Investors on record: 6

## About

Strattic Ltd. is a technology company specializing in high-performance cloud hosting specifically designed for WordPress websites, focusing on speed, security, and stability for its users.Founded in 2016 in Jerusalem, Israel, Strattic Ltd. provides a unique hosting solution for WordPress sites. As a part of a strategic acquisition, Elementor Ltd. acquired Strattic from a group of investors, including Accel and Automattic Inc., on June 8, 2022. The total amount raised by Strattic amounts to USD 6.50 mn, primarily from Seed funding, with key investors such as SignalFire and TenOneTen Ventures involved in the latest round.Strattic Ltd. offers a comprehensive suite of products centered around High-Performance Cloud Hosting for WordPress. This service operates on Google Cloud Platform infrastructure, enabling users to build and manage websites with exceptional speed and security. It includes managed hosting that integrates seamlessly with the Elementor Website Builder, catering to various users, including marketers, designers, and eCommerce businesses. The hosting plans are available in multiple international markets, including North America, Europe, and Australia, making it accessible to a diverse client base.Strattic Ltd. operates on a subscription-based revenue model, where clients pay annually for their hosting services. The company provides several pricing tiers tailored to businesses' specific needs based on storage, bandwidth, and the number of websites hosted. Clients benefit from essential features in the base plan, while higher-tier options offer increased storage, additional domains, and enhanced security measures. Additional incentives include free migration services and a complimentary domain for the first year, promoting user engagement and retention.The acquisition by Elementor Ltd. aims to enhance Strattic’s capabilities in building static websites, addressing common issues related to stability, speed, and security. Future initiatives may focus on expanding into new markets, particularly in Europe and North America, by 2023. The recent funding will be utilized to support these expansion efforts and the development of new products that enhance the functionality and performance of WordPress websites.

## Funding rounds

- Seed, Feb 26, 2020, $6.5M — Accel, Automattic Inc., TenOneTen Ventures, SignalFire, Village Global, Seneca Ventures, LLC

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Seed
- Automattic Inc. — Seed
- TenOneTen Ventures (https://capitalatlas.ai/funds/tenoneten-ventures) — Seed
- SignalFire (https://capitalatlas.ai/funds/signalfire) — Seed
- Village Global (https://capitalatlas.ai/funds/village-global) — Seed
- Seneca Ventures, LLC (https://capitalatlas.ai/funds/seneca-ventures-llc) — Seed