# VITE Shopping

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vite-shopping

- Industry: Internet
- Headquarters: Charlotte, US
- Website: www.cloosiv.com
- Total disclosed funding: $0.5M
- Latest round: Seed (Apr 14, 2020)
- Investors on record: 2

## About

VITE Shopping, Inc. provides a digital platform that simplifies website creation and management, enabling users to establish a strong online presence without extensive technical knowledge.Founded in 2017 and headquartered in Charlotte, US, VITE Shopping, Inc. specializes in helping users create customizable websites. The company has engaged in 5 deals, with the most recent funding round being a Seed round in August 2020 that raised USD 0.50 mn from investors including I2BF and Yleana Venture Partners LP. In August 2020, VITE Shopping, Inc. merged into Odeko, Inc., which supports further app development and expansion into the Northeast, particularly New York and Philadelphia.VITE Shopping, Inc. primarily offers a digital platform for website creation and management, featuring a user-friendly website builder with drag-and-drop functionality. Targeting small to medium-sized enterprises and individual entrepreneurs, the platform provides additional services like e-commerce solutions, domain registration, and marketing tools, facilitating a comprehensive solution for online business management.The company's revenue stream is derived from a tiered subscription model, where users pay a recurring fee for access to website-building tools and features. Additional income is generated through partnerships with domain registrars, allowing users to purchase domain names directly through the platform, thus reinforcing customer retention and establishing a steady income stream.The recent merger with Odeko, Inc. will support the development of enhanced app features and expand VITE Shopping's presence within the Northeast regions of New York and Philadelphia. This strategic move is intended to capitalize on new market opportunities and bolster user engagement, leveraging the latest funding to facilitate these growth initiatives.

## Funding rounds

- Seed, Apr 14, 2020, $0.5M — I2BF, Yleana Venture Partners LP

## Investors

- I2BF (https://capitalatlas.ai/funds/i2bf) — Seed
- Yleana Venture Partners LP — Seed