Coho Data

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Coho Data - overview

Location

San Jose, CA, US

Primary Industry

Software

About

Coho Data, operating under the brand Convergent. io, provides streamlined pricing solutions for domain name acquisitions, enabling clients to quickly evaluate costs associated with their desired domain purchases. Coho Data, founded by Ramana Jonnala, specializes in domain name valuation services. The company is headquartered in San Jose, US.


In May 2015, Coho Data raised USD 30 mn in Series C financing led by March Capital, with participation from Andreessen Horowitz, Hewlett Packard Pathfinder, Ignition Partners, and Intel Capital. The total amount raised stands at USD 30 mn, with a current valuation of USD 247. 975 mn. Convergent.


io specializes in providing a streamlined pricing solution for domain name acquisitions. Their core offerings revolve around a user-friendly pricing request form that allows potential clients to receive a price quote within 24 business hours. This service targets individuals and businesses looking to purchase domain names, enabling them to quickly assess the financial implications of their desired acquisitions. Convergent.


io serves various clients, including entrepreneurs, small to medium-sized enterprises, and established corporations across North America and Europe. By facilitating a straightforward pricing process, the company addresses the common challenges associated with domain valuation and transaction speed, thereby enhancing the overall user experience in the digital marketplace. Convergent. io operates on a transactional revenue model, primarily through fee-based pricing for their domain name valuation services.


Clients engage with the company by submitting requests for price quotes, creating a direct service relationship that caters to both B2B and direct-to-consumer markets. While specific pricing structures for their services are not disclosed, the company offers tiered pricing options based on the complexity or value of the domain names being assessed. This approach allows Convergent. io to accommodate a diverse clientele, including startups seeking affordable options and larger firms that may require more extensive valuation support.


The transactional nature of their business ensures a consistent revenue stream as clients actively seek domain name acquisitions. In May 2015, Coho Data raised USD 30 mn in Series C financing from March Capital Partners, alongside other investors. The funds will likely be utilized to enhance product development and expand service offerings in the digital marketplace. The company plans to introduce new products aimed at improving user experience and efficiency in domain transactions.


Additionally, Coho Data is targeting expansion into new geographical markets in North America and Europe by the end of 2025.


Current Investors

Andreessen Horowitz, Ignition Partners, Intel Capital

Primary Industry

Software

Sub Industries

Storage Management Software

Website

www.convergent.io

Company Stage

Series C

Total Amount Raised

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