Algorithmic Ads Inc.
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Algorithmic Ads Inc. - overview
Established
2013
Location
Santa Cruz, CA, US
Primary Industry
Software
About
Algorithmic Ads Inc. specializes in providing dynamic pricing solutions for domain acquisitions, streamlining the process for clients to receive pricing information promptly. Algorithmic Ads Inc. was founded in 2013 and is headquartered in Santa Cruz, US.
The company offers services targeting businesses and individual investors looking to acquire digital assets. In May 2017, Algorithmic Ads was acquired by WordStream, a portfolio company of Baird Capital Partners, Egan Managed Capital, and Sigma Prime Ventures, with financial terms undisclosed. Algorithmic Ads specializes in providing dynamic pricing solutions for domains, offering a streamlined service that enables clients to obtain pricing information for domain acquisitions within 24 business hours. Their core offering includes a user-friendly online form where potential buyers can submit inquiries regarding domain prices.
This service is targeted primarily at businesses and individual investors seeking to acquire digital assets, thus facilitating informed purchasing decisions in an increasingly competitive online marketplace. The company’s clientele spans a wide range of sectors, including technology, e-commerce, and digital marketing, primarily focusing on markets in North America and Europe. By leveraging domain expertise, Algorithmic Ads aims to resolve the complexities associated with domain valuation, thereby enhancing the user experience for those engaged in online branding and digital presence development. Algorithmic Ads generates revenue through a transaction-based model focused on domain pricing inquiries.
Clients engage with the platform by filling out a form to request pricing, leading to direct communication with domain experts who provide tailored pricing information. The structure of these transactions typically involves direct interactions between Algorithmic Ads and businesses or individuals looking to purchase domains, emphasizing a B2B service model. Revenue is driven by the conversion of inquiries into successful domain purchases, with pricing strategies varying based on the domain's perceived value and market demand. Clients are provided with cost estimates for specific domains, enhancing the decision-making process for potential buyers and ensuring a transparent and efficient transaction experience.
Following its acquisition in May 2017, Algorithmic Ads Inc. is focusing on expanding its service offerings and geographic reach. The company aims to enhance its platform with new features designed for improved user experience and efficiency in domain pricing inquiries. Plans include targeting markets in Asia and Australia for expansion by the end of 2024.
The funding received during the acquisition is expected to be utilized in development efforts for new product launches and marketing initiatives that align with these expansion goals.
Current Investors
WordStream, Inc.
Primary Industry
Software
Sub Industries
Marketing/Advertising, Analytics & Performance Software
Website
www.algorithmicads.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Algorithmic Ads Inc. - employee data


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