BidAway International Inc.

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BidAway International Inc. - overview

Established

2012

Location

San Francisco, CA, US

Primary Industry

Internet

About

BidAway International Inc. specializes in the registration and trading of premium domain names, providing a user-friendly platform for individuals and businesses to secure valuable online assets. BidAway International Inc. , founded in 2012 and headquartered in San Francisco, US, operates in the domain registration and sales market, facilitating the acquisition of high-value domain names.


The company has completed five deals, with its most recent funding round in June 2016, where it raised USD 1. 5 mn led by Mundi Ventures. The founder, Albert Valentí, has a history of entrepreneurial ventures, though details of prior companies are not specified. BidAway.


com excels in the domain registration and sales segment, offering an extensive selection of premium domain names for purchase. The platform provides various transaction options, including immediate purchases and flexible payment plans, ensuring a smooth transfer process managed through its registrar, NameBright. com. Its clientele spans global markets, targeting entrepreneurs, small businesses, and individuals seeking to create an online identity.


BidAway. com generates revenue through domain name sales, highlighted by a flagship domain priced at USD 11,895. The company offers installment payment options to enhance accessibility, alongside additional services like WhoIs Privacy Protection for an annual fee, which contributes to its revenue streams. In June 2016, BidAway raised USD 1.


5 mn in venture funding led by Mundi Ventures, which is intended to support its expansion efforts. The company plans to diversify its offerings by launching new products aimed at improving customer experience and is targeting expansion into North America and Europe by 2024, with the goal of capturing a larger share of the premium domain market.


Current Investors

Mundi Ventures, Sodena, Caixa Capital Risc

Primary Industry

Internet

Sub Industries

Consumer Products, Travel & Tourism, Recreational & Entertainment Facilities, Social Networking & Communication Platform

Website

www.bidaway.com

Verticals

E-commerce

Company Stage

Angel & Seed

Total Amount Raised

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