$358,385,600 in funding was raised by 81 new startup companies last week. More than 79% of these companies launched with a .com domain name with the ccTLDs being a very distant second with 7.4%. We have two startups on the list that went with a new domain extension for their companies: Paris-based finance education platform InvestiGroup which went with Investi.Group and Infonesia, an Indonesian knowledge sharing platform which can be found at Infonesia.fyi
Some domain names that I like on this list include those of Acko General Insurance which is an upcoming general insurance company in India that just raised a cool $30M to disrupt India’s insurance industry through a digital-only model. The matching Acko.com domain name seems to be acquired from brandable domain name marketplace Brandroot.com where the domain name was listed with a $23,498 price tag. I also like Los Angeles-based mobile game publisher GameMine which is using the matching GameMine.com domain name. Historial sales data shows the domain name was purchased for $596 on GoDaddy Auctions in 2016 and flipped a few months later for $3,400 at Sedo. A profitable flip but considering the company just raised $20M in funding you can argue that the seller most likely left money on the table. Last up there’s San Fransisco-based Gixo which offers motivational, professional coaches teaching live classes to people of all fitness levels in all locations with the goal of making exercise more accessible in people’s busy lives. The company can be found at the matching Gixo.com domain name.
Here’s this weeks list: (more…)