Glori Energy, Inc.
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Glori Energy, Inc. - overview
Established
2005
Location
Houston, TX, US
Primary Industry
Oil & Gas
About
Glori Energy, Inc. is a company focused on domain name registration and related services, specializing in premium domain names that enhance online visibility for businesses and individuals. Founded in 2005 and headquartered in Houston, US, Glori Energy, Inc. specializes in domain name registration.
The company has engaged in 7 deals, with its most recent funding round being a Series C on March 14, 2014, where it raised USD 12. 81 mn from Oxford Bioscience Partners, bringing the total amount raised to USD 12. 81 mn and a current company valuation of USD 235. 315 mn.
GloriEnergy. com offers domain name registration and related services, particularly in the digital real estate market. Its primary product is premium domain names aimed at businesses and individuals looking to establish a robust online presence. Each domain enhances brand visibility, assisting clients in effectively reaching their target audience.
Services include a simple purchasing process, secure payment options through PayPal and Escrow. com, and privacy protection options. The customer base consists mainly of entrepreneurs, small to medium-sized enterprises, and digital marketers across North America, Europe, and Asia seeking memorable web addresses for branding purposes. GloriEnergy.
com generates revenue through the direct sale of domain names and offers installment payment plans. Premium domains, including GloriEnergy. com, are priced at USD 7,195, with an option for a payment plan of USD 299. 79 per month over 24 months for greater accessibility.
Clients can choose between one-time purchases or installment agreements, facilitating immediate ownership or staggered payments. The online platform streamlines the sales process, and the company provides a 30-day satisfaction guarantee to enhance customer confidence. Glori Energy, Inc. aims to innovate by developing new digital products targeting expanded market segments.
The company is focusing on enhancing its service offerings and plans to enter new geographic regions, specifically targeting growth in Europe and Asia by the end of 2024. The recent Series C funding of USD 12. 81 mn will support these initiatives, aiming to improve their market presence and product accessibility.
Current Investors
GTI Capital Group, Kleiner Perkins, Burrill & Company
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Exploration and Production
Website
www.glorienergy.com
Verticals
Blockchain, Clean Technology
Company Stage
Series C/Round 3
Total Amount Raised
Subscriber access only
Glori Energy, Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | Glori Energy, Inc. | - |
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