Freeborders Inc

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Freeborders Inc - overview

Established

1999

Location

San Francisco, CA-California, US

Primary Industry

Financial Services

About

Freeborders specializes in the domain name sales market, providing premium domain names for purchase or lease to enhance clients' online presence. Founded in 1999 in San Francisco, US, Freeborders focuses on premium domain name sales. The company was acquired by Symbio S. A.


on October 18, 2013. The founder, Kimmy, has a history of engaging in the domain name sector, further establishing their expertise in this market. Freeborders has raised a total of USD 20. 00 mn in funding, with the latest round being a GROWTH round led by FTV Capital, alongside investors including Actua Corporation and TAL Investment Counsel.


Freeborders. com primarily operates within the domain name sales market, offering premium domain names for direct purchase or lease. The core service includes a straightforward transaction process that allows customers to buy the domain name freeborders. com for a set price of USD 5,000, or to submit an offer for negotiation.


This platform is designed to facilitate secure and hassle-free transactions, providing essential support throughout the transfer process. The company serves a diverse client base, including individual entrepreneurs, small to medium-sized enterprises, and corporations seeking to enhance their online presence with premium domain names. The geographical markets for these products are global, as the purchase process accommodates various local currencies, ensuring accessibility for clients from multiple regions. Freeborders.


com generates revenue primarily through the sale of premium domain names, with clients engaging in either direct purchases or negotiated offers. The pricing structure for domain acquisitions is fixed at USD 5,000 for a straightforward purchase, while potential buyers can propose their own offers in hopes of negotiating a favorable deal. This B2B and direct-to-consumer model allows the company to cater to a wide range of customers, from startups looking to establish their brand online to larger enterprises seeking strategic domain acquisitions. The company’s emphasis on secure payment methods and transaction support enhances client trust and satisfaction, which are critical factors in facilitating successful sales and generating consistent revenue streams.


As of now, Freeborders is focusing on expanding its offerings of premium domain names to cater to a wider audience. Although specific upcoming products or their release dates have not been disclosed, the recent GROWTH funding round of USD 20. 00 mn will be utilized to enhance their marketing strategies and improve operational capabilities. The company aims to solidify its presence in emerging markets, which will likely include expanding their reach to diverse geographic regions, enhancing global accessibility for their services.


Primary Industry

Financial Services

Sub Industries

Accounting Services, e-Financial

Website

www.freeborders.com

Verticals

FinTech

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Freeborders Inc - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedFreeborders Inc-
GrowthCompletedFreeborders Inc-

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