# The Whym Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/the-whym-group

- Industry: Software
- Headquarters: El Segundo, US
- Website: www.whymwallet.com
- Total disclosed funding: $4.3M
- Latest round: Seed (Dec 14, 2021)
- Investors on record: 9

## About

The Whym Group Inc., established in 2019 and headquartered in El Segundo, CA, offers innovative solutions that enhance operational efficiency and support business growth across various sectors.The Whym Group Inc. specializes in developing technology solutions for multiple industries. Founded by Kelly Nyland, who has experience in launching other ventures, the company has undergone no significant pivots since its inception. It has successfully completed 5 deals, with the most recent transaction occurring on December 14, 2021. In this round, The Whym Group Inc. secured USD 4.3 mn in Seed funding, led by Deciens, with participation from notable investors including Sequoia Capital and DNX Ventures. This funding brings the total amount raised to USD 4.3 mn.The Whym Group Inc. provides a diverse range of products and services tailored to meet the evolving needs of clients in technology, healthcare, and retail. Their offerings focus on enhancing operational efficiency through innovative solutions that address specific challenges faced by users, such as streamlining processes and improving data management. The company serves clients across North America, Europe, and Asia-Pacific, ensuring each product is relevant to the unique demands of these markets.The revenue model of The Whym Group Inc. is structured around a combination of subscription services and direct-to-consumer sales. Clients can purchase services either as one-time transactions or through recurring subscriptions, facilitating flexibility and scalability. The pricing tiers are competitive, designed to attract a wide market, including small businesses and large enterprises. This approach fosters long-term partnerships and predictable revenue streams.Following the recent Seed funding of USD 4.3 mn raised in December 2021, The Whym Group Inc. plans to enhance its product offerings and reach more brands. The funding will be utilized to address current product shortcomings and to support the development of upcoming innovative solutions. The company aims to expand its market presence, targeting growth in North America and Europe by the end of 2023.

## Funding rounds

- Seed, Dec 14, 2021, $4.3M — Hong Shan, DNX Ventures, Deciens, Reciprocal Ventures, XFactor Ventures, Unusual Ventures, Magic Fund, Chaos Ventures
- Seed, Oct 1, 2021 — LoftyInc Capital Management

## Investors

- LoftyInc Capital Management (https://capitalatlas.ai/funds/loftyinc-capital-management) — Seed
- Hong Shan — Seed
- DNX Ventures (https://capitalatlas.ai/funds/dnx-ventures) — Seed
- Deciens (https://capitalatlas.ai/funds/deciens) — Seed
- Reciprocal Ventures (https://capitalatlas.ai/funds/reciprocal-ventures) — Seed
- XFactor Ventures (https://capitalatlas.ai/funds/xfactor-ventures) — Seed
- Unusual Ventures (https://capitalatlas.ai/funds/unusual-ventures) — Seed
- Magic Fund (https://capitalatlas.ai/funds/magic-fund) — Seed
- Chaos Ventures (https://capitalatlas.ai/funds/chaos-ventures) — Seed