Munch, an all-in-one website builder, has secured $1.5M in Notion Capital and Credo Ventures in a pre-seed round of funding.
The fresh capital enables the company to develop further its website builder tool. Also, the company will invest in its product growth and development teams and expand its marketing activities.
Alex Bondarev, CEO and Founder of Munch, comments, “SMBs are the cornerstone of stable economies, and most of these start as a side hustle. So that’s where we want to focus first. We’ve had a great run with all the simple website-building tools, but now I feel it’s time for the tools to be as flexible as people’s lives are today. People who want to succeed online deserve better tooling, especially in the modern world.”
Website building tool
Founded by Alex Bondarev, Munch allows users to create hyper-personalised websites using an intuitive and unrestrictive drag-and-drop editor – these sites are named “munches.”
A munch is a bite-sized, bold, interactive website that’s fun to create, easy to monetize, and delightful to maintain. Moreover, the free-to-use platform is entirely risk-free, especially for starting own small business or side hustle, claims the company.
Munch says all templates are completely customisable, with no design restrictions.
Munch has an e-commerce layer that lets you create products from scratch to sell on any of your munches and bespoke features for tax, shipping rates, and SKUs.
Notion is an entrepreneur-led venture capital firm focusing on high-potential businesses in the Cloud Computing and Software-as-a-Service (SaaS) markets, primarily in Europe.
Jake Yaxley, Product Manager at Munch, says, “The era of the side hustler is upon us, and yet the website building tools available are stuck in the dark ages. Given the current global economic climate, we shouldn’t stop people from creating secondary income streams. However, boring template-based website builders that charge large transaction fees and steep monthly subscription charges are stopping hustlers in their tracks. This is where we want to change the game. Munch removes high costs, rigid templates, or a need for code literacy, and we put the power back in the hands of the hustlers.”
Kamil Mieczakowski, Principal at Notion Capital, said, “The latest Microsoft research found that almost two-thirds (62%) of Gen Z intend to start their own business, and we believe that the Munch team has developed a perfect tool for it while providing useful boilerplates puts the creator’s individuality at the forefront. The Munch team has lived and breathed the challenge of launching and running an online business, and their deep understanding of the problem is now beginning to translate into an impressive product that is gaining more traction by the day.”
Credo Ventures is a venture capital company focused on early-stage investments in Central and Eastern Europe. The VC’s industry focus is IT, Internet, and health technology.
Jan Habermann, Founder of Credo Ventures, commented, “We at Credo love backing product-oriented founders. The team at Munch has a unique combination of technical ability with intimate knowledge of the space for which they have been building the product. And we believe that such a combination has helped them create a perfect tool for thousands of creative people struggling with the existing platforms’ complexity and limitations.”
