Newlans, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Newlans, Inc. - overview
Established
2003
Location
Acton, MA, US
Primary Industry
Semiconductors
About
Newlans, Inc. is a company specializing in domain name sales, streamlining the purchasing process for individuals and businesses seeking digital real estate. They offer accessible financing options and prompt domain access. Founded in 2003 and headquartered in Acton, US, Newlans, Inc.
focuses on domain name sales. The company has completed a total of six deals, with its most recent funding round being a Series B in August 2014, where they raised USD 5. 00 mn from Verizon Ventures. The founder has a history of involvement in the tech industry, although specific prior companies are not disclosed.
NewLans. com specializes in domain name sales, offering a streamlined purchasing process for individuals and businesses seeking to acquire specific web addresses. The core product is the sale of the domain itself, priced at USD 995, with financing options available allowing for a monthly payment plan of USD 41. 46 over a period of 24 months.
Their service includes immediate access to the purchased domain, typically within one to two hours, or the next business day for after-hours transactions. NewLans. com caters to a diverse client base that includes entrepreneurs, startups, and established businesses across North America, Europe, and Asia, providing them with unique domain names that enhance their online presence. The revenue model for NewLans.
com primarily revolves around direct sales of domain names, facilitated through a secure online platform. Clients can purchase domains outright or choose a payment plan to spread the cost. The standard price is USD 995 for domain purchases, focusing on direct-to-consumer transactions. The company also offers additional features like WhoIs Privacy Protection, enhancing customer appeal and generating supplementary revenue streams.
The straightforward pricing model and quick access to domain names encourage repeat transactions and customer retention. In August 2014, Newlans, Inc. raised USD 5. 00 mn in a Series B round, which will support their strategy for future growth.
The company is focused on developing new products in the domain name space, aiming to enhance their service offerings. Plans to expand into additional geographic markets, particularly targeting Asia and Europe, are also underway, with specific timelines for implementation set for 2024. This funding will help facilitate these expansions and new product launches.
Current Investors
Paladin Capital Group, Intel Capital, Lockheed Martin
Primary Industry
Semiconductors
Sub Industries
Electronic Components, Fabless Semiconductors, Telecoms Providers & Services
Website
www.newlans.com
Company Stage
Series B
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.