Adjoint Inc.
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Adjoint Inc. - overview
Established
2016
Location
Boston, MA, US
Primary Industry
Software
About
Adjoint Inc. is a domain name trading company that specializes in the sale and leasing of premium domain names, facilitating secure transactions for clients seeking digital assets. Adjoint Inc. was founded in 2016 in Boston, US, by Adam Nemecek and Darren Tseng.
The company focuses on the premium domain name market and has undergone no significant pivots since its inception. In July 2017, Adjoint Inc. raised USD 1. 05 million in venture funding from investors including FinTech Angels, Chicago Trading Company Ventures, Danhua Capital, and Kluz Ventures, marking its only deal to date.
The latest funding round provided the full amount raised, which has supported its operations and growth strategy. Adjoint. io specializes in the sale and leasing of premium domain names, particularly the domain name adjoint. io.
The company offers various purchasing options, including outright sales priced at USD 13,911, lease-to-own plans at a monthly rate of USD 638, and the ability for potential buyers to make offers. This comprehensive service model caters to a global audience across North America, Europe, and Asia, addressing the increasing demand for quality domain names and simplifying the transfer process for clients. Adjoint. io generates revenue primarily through domain sales and lease agreements.
The structured transaction model includes options for immediate purchase and leasing, alongside additional revenue from transaction fees and premium listings. The company's business-to-consumer (B2C) model enables individuals and organizations to acquire high-value domain names, enhancing customer convenience in the domain marketplace. Adjoint Inc. plans to utilize its recent funding of USD 1.
05 million from July 2017 to enhance its service offerings and increase market reach. While specific upcoming product launches have not been detailed, the funding will likely support the development of new leasing plans and expand into additional geographical markets. The company is focusing on increasing its presence in Europe and Asia by 2024 to cater to the growing demand for premium domain names in these regions.
Current Investors
DHVC, FinTech Angels, Kluz Ventures
Primary Industry
Software
Sub Industries
Accounting/Finance Software, Legal Software
Website
www.adjoint.io
Company Stage
Early Stage
Total Amount Raised
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