Friendshippr
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Friendshippr - overview
Location
Dubai, -, United Arab Emirates
Primary Industry
Internet
About
Friendshippr is an online platform focused on the sale of premium domain names, enabling individuals and businesses to enhance their online presence through unique digital identities. Friendshippr operates primarily as a domain sales platform, facilitating the acquisition of premium domain names. The company is headquartered in Dubai, United Arab Emirates. Founded by Ramy Assaf, who has a background in entrepreneurship, Friendshippr raised USD 0.
67 mn in Angel financing on November 21, 2013. This funding round was pivotal for the company, establishing its presence in the domain registration market, although no significant pivots or subsidiary structures have been reported. Friendshippr. com offers the premium domain name available for purchase through HugeDomains, priced at USD 595 or a payment plan of USD 12.
40 per month over 48 months. This service caters to various customer needs such as personal branding and business identity establishment, targeting entrepreneurs, small to medium-sized businesses, and individuals globally seeking to create distinct online identities. The revenue model for Friendshippr. com is based on direct sales, allowing customers to purchase the domain outright for USD 595 or via a monthly payment plan.
The B2C structure streamlines the purchasing process as clients can acquire the domain without intermediaries. While no additional products or services are bundled with the domain purchase, optional email packages are available for an annual fee through the registrar, NameBright. com, focusing the sales effort on this singular flagship product. Looking ahead, Friendshippr aims to leverage its recent funding from the Angel round to enhance its marketing strategies and expand its global customer base.
The company has plans to introduce new domain names catering to niche markets, although specific release dates are not yet disclosed. Additionally, there are intentions to enter emerging markets in Southeast Asia and Africa by 2025, capitalizing on the increasing demand for online identities in these regions.
Primary Industry
Internet
Sub Industries
Social Networking & Communication Platform
Website
www.signup.friendshippr.com
Verticals
Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Friendshippr - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Angel | Completed | Friendshippr | - |
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Friendshippr - employee data
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