BandTel

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.

BandTel - overview

Established

2004

Location

Los Angeles, CA, US

Primary Industry

Telecoms

About

BandTel is a domain name provider specializing in premium domains that enhance online visibility. Their services primarily target small to medium-sized enterprises, facilitating effective brand communication and customer engagement. BandTel, founded in 2004, operates from Los Angeles, US, providing premium domain names for businesses. The company raised an undisclosed amount in a SERIES B funding round from Seagrove LLC on June 19, 2006, marking their first investment deal.


BandTel. com offers a premium domain name that serves as the core product for businesses looking to enhance their online presence. The domain is designed to be versatile and memorable, catering to a wide range of industries, particularly in the creative and digital sectors. BandTel.


com is targeted towards companies that require a strong online identity for effective brand communication, enabling them to attract and engage customers more efficiently. The service is aimed primarily at small to medium-sized enterprises (SMEs) across North America and Europe, where businesses are increasingly recognizing the importance of digital branding in a competitive marketplace. The company also provides a unique selling proposition by including a free logo with the purchase of the domain, further augmenting its appeal to prospective clients. The revenue structure of BandTel.


com is based on the sale of domain names, with a specific focus on premium domains that command higher prices due to their desirability. For instance, BandTel. com is listed at a price of USD 4,879, with an option for a payment plan that includes an initial payment followed by monthly installments. This transaction model allows businesses to acquire premium digital assets with manageable financial commitments.


The company facilitates transactions through its in-house transfer service, PDTransfer, which ensures secure domain transfers upon payment completion. Such a structured approach to sales, including the installment plan and the free logo offer, is designed to cater directly to the needs of entrepreneurs and small businesses, enhancing customer satisfaction and retention. BandTel plans to expand its offerings by launching new premium domain options and enhancing its digital branding services. The company is targeting expansion into European markets by the end of 2023, leveraging its latest funding from the SERIES B round to support these initiatives.


Current Investors

Seagrove LLC

Primary Industry

Telecoms

Sub Industries

Telecoms Providers & Services

Website

www.bandtel.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.