Codasystem
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Codasystem - overview
Established
2002
Location
Paris, -, France
Primary Industry
Telecoms
About
Codasystem specializes in the acquisition and sale of premium domain names, catering to businesses and individuals looking to enhance their online presence and brand visibility. Founded in 2002 and headquartered in Paris, France, Codasystem operates in the digital asset market, focusing on domain name sales. In January 2011, the company was acquired by STS Group, marking a significant pivot in its business strategy. Codasystem has completed a total of 7 deals since its inception, with the most recent deal occurring on January 17, 2011.
The company has raised a total of EUR 1. 570 mn through its latest funding round, a Trade Sale, which involved STS Group as the investor. CodaSystem. com is a premium domain available for purchase through HugeDomains, primarily aimed at facilitating the acquisition of valuable digital assets.
The core service focuses on the sale of domain names, targeting entrepreneurs, startups, and established businesses seeking to strengthen their online presence. Various purchasing options, including an interest-free payment plan, enable clients to pay for the domain over time, while emphasizing the domain's appeal to the technology, e-commerce, and digital services sectors. HugeDomains generates revenue primarily from direct sales of domain names. The CodaSystem.
com domain is priced at EUR 2,895, with an option for customers to pay EUR 80. 42 monthly over 36 months. The transaction structure is direct-to-consumer, either through outright purchases or installment plans, ensuring a secure shopping experience with SSL encryption and recognized payment options like PayPal and Escrow. com.
A 30-day satisfaction guarantee enhances customer confidence, contributing to repeat business. Codasystem plans to leverage its recent acquisition by STS Group to explore new market opportunities and expand its domain offerings. Although specific new products are not outlined, the company is poised to enhance its portfolio of premium domains. The strategic focus includes targeting additional markets in Europe and the United States by the end of 2023, utilizing the EUR 1.
570 mn raised in the latest funding round to support these initiatives.
Current Investors
Karista, APICAP, Seventure Partners
Primary Industry
Telecoms
Sub Industries
Telecoms
Website
www.codasystem.com
Total Amount Raised
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