# Weddell Co.

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

- Industry: Information Services
- Headquarters: Seoul, South Korea
- Website: www.weddell.co
- Total disclosed funding: $0.2M
- Latest round: Seed (Dec 12, 2019)
- Investors on record: 1

## About

Weddell Co. is a South Korean company specializing in domain registration and web hosting services for small to medium-sized enterprises, enabling them to establish and enhance their online presence.Founded in 2019 by Harris Shim in Seoul, South Korea, Weddell Co. focuses on providing digital solutions to businesses. The company has successfully completed 2 deals, the latest being a Seed funding round in November 2020, raising KRW 200.000 mn from BonAngels Venture Partners. Weddell Co. has not undergone significant business pivots or changes in operations since its inception.Weddell Co. specializes in domain registration and web hosting services aimed primarily at small to medium-sized enterprises (SMEs). Their core offerings include domain name registration, web hosting solutions, and related services that facilitate businesses in establishing and maintaining their websites. This allows clients to create digital platforms that enhance visibility and accessibility in competitive markets. The company targets a diverse client base across North America and Europe, serving entrepreneurs, freelancers, and established businesses seeking to expand their online footprint. Their user-friendly solutions address common challenges such as technical support, website management, and domain acquisition.Weddell Co.'s revenue model is built around direct-to-consumer transactions, primarily through subscription-based services for domain registration and web hosting plans. Clients engage in annual or multi-year contracts for these domain services, with additional premium web hosting packages that offer features like increased storage, security certificates, and customer support. Partnerships with digital marketing agencies extend their reach, allowing for bundled services that enhance client value. The tiered pricing structure reflects the complexity and scale of services provided, catering to both budget-conscious clients and enterprise-level users. This transactional framework supports steady revenue streams while offering scalable solutions for clients' evolving online needs.Looking ahead, Weddell Co. plans to introduce new products designed to enhance its service offerings, with a focus on releasing these innovations by 2022. The company is also targeting expansion into new markets, particularly Southeast Asia and Europe, by 2023. The recent Seed funding round raised in November 2020 will be utilized to support these initiatives, including product development and market entry strategies.

## Funding rounds

- Seed, Dec 12, 2019, $0.2M — BonAngels Venture Partners

## Investors

- BonAngels Venture Partners (https://capitalatlas.ai/funds/bonangels-venture-partners) — Seed