HomeUSA10Web Raises $2M in Funding

10Web Raises $2M in Funding

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10Web

10Web, a Newark NJ-based startup that automates website hosting and building with AI, raised $2M in funding.

The round was led by Sierra Ventures and AI Fund.

The company intends to use the funds to expand operations, accelerate its growth and its business reach.

Led by CEO Tigran Nazaryan, 10Web provides an AI powered platform that automates WordPress website hosting and building. The company also offering a comprehensive automated solution for agencies and developers.

10Web’s story started back in 2011 when a small team of engineers led by Arto Minasyan established a WordPress plugin company that grew into a business with 1M users. This experience helped Minasyan, a serial entrepreneur and co-founder of Krisp, and his team identify the biggest problems in web development. To solve them, 10Web offers three solutions:

  1.  By entering a URL, customers can get a WordPress website with the same design built by AI algorithms without copying a single line of the original site’s code. The resulting website is optimized, responsive, customizable, and hosted on 10Web. 
  2. Websites hosted on 10Web automatically get a 90+ Google PageSpeed score, allowing them to rank higher and improve conversions.
  3. 10Web’s automated hosting based on Google Cloud infrastructure with 99.99% uptime, automated backups, security scans, fixes, and updates.

FinSMEs

06/07/2021

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