# Wevo

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

- Industry: Software
- Headquarters: Boston, US
- Website: www.wevoconversion.com
- Total disclosed funding: $2.1M
- Latest round: Seed (Apr 17, 2020)
- Investors on record: 4

## About

Wevo, Inc. is a Boston-based company specializing in sophisticated user experience (UX) research solutions that empower businesses to enhance their digital interfaces and increase conversion rates through insightful data analysis.Founded in Boston, US in 2016, Wevo, Inc. focuses on user experience research solutions. The company has successfully completed four funding deals, with the latest being a Seed round in April 2020, raising USD 80,000 from TBD Angels. Nitzan Shaer serves as CEO and co-founder alongside Janet Muto, who has a history in founding other ventures.WEVO specializes in providing advanced user experience (UX) research solutions through its core products, WEVO Pulse and WEVO Pro. WEVO Pulse utilizes artificial intelligence to conduct real-time analyses of digital experiences, delivering actionable feedback that aids companies in optimizing user interactions swiftly. Conversely, WEVO Pro offers deeper insights by running studies involving more than 120 human participants, thereby capturing comprehensive customer sentiment. These products are tailored for a diverse client base, including digital marketing teams, UX designers, and agencies across various sectors such as education, retail, and financial services. With a focus on enhancing customer experiences, WEVO's offerings are marketed primarily in the United States and Europe, addressing the needs of businesses looking to improve their digital interface and increase conversion rates.WEVO's revenue model is primarily based on subscription services, where clients access its products through tiered pricing plans that cater to various needs. The typical transaction involves clients subscribing to either WEVO Pulse for instant insights or WEVO Pro for more extensive research capabilities, allowing businesses to select an offering that best fits their organizational requirements. This B2B model fosters long-term partnerships, facilitating the integration of WEVO's solutions into clients’ workflows. Specific pricing structures are designed to accommodate different levels of engagement, ensuring that both small agencies and large enterprises can leverage WEVO's services to enhance their customer experience strategies effectively.Wevo, Inc. aims to utilize the USD 80,000 raised during the Seed funding round in April 2020 to enhance product development and expand market reach. The company is focusing on the release of new features for its WEVO Pulse and WEVO Pro products by the end of 2021, aiming to target additional sectors and geographic markets in North America and Europe. This strategic expansion is designed to bolster their presence in the growing digital experience research market.

## Funding rounds

- Seed, Apr 17, 2020, $0.1M — TBD Angels
- Seed, Feb 11, 2020 — Walnut Venture Associates, York IE
- Seed, Jun 1, 2019, $2M — J-Ventures

## Investors

- J-Ventures (https://capitalatlas.ai/funds/j-ventures) — Seed
- Walnut Venture Associates (https://capitalatlas.ai/funds/walnut-venture-associates) — Seed
- York IE (https://capitalatlas.ai/funds/york-ie) — Seed
- TBD Angels (https://capitalatlas.ai/funds/tbd-angels) — Seed