HAIL

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

HAIL - overview

Location

Santa Monica, CA, US

Primary Industry

Software

About

HailPay. com offers innovative pricing solutions for domain acquisition, ensuring rapid and accurate valuation services for businesses. Their platform streamlines the process, providing clients with timely quotes and expert assessments for valuable domain investments. HailPay.


com specializes in domain valuation services, established to help businesses secure their online presence. The company was co-founded by Stuart Dillon-Roberts and Widad Bouzitouna, who currently serves as CEO. HailPay's headquarters is located in Santa Monica, US. In April 2015, the company was acquired by Reserve App, a portfolio company of notable investors including Google Ventures and First Round Capital.


The financial details of the acquisition were not disclosed. HailPay. com specializes in providing pricing solutions for domain acquisition, offering a streamlined service that ensures clients receive a price quote within 24 business hours. Their primary service involves facilitating the valuation of domain names, which is essential for businesses seeking to establish a strong online presence.


By utilizing a user-friendly form submission process, clients can easily engage with HailPay's domain experts, who assess the value of specific domain names based on market trends and comparable sales. The end users primarily include businesses and entrepreneurs across North America and international markets looking to purchase or invest in valuable domain assets. HailPay's focus on delivering rapid, expert valuations caters to a diverse clientele, including startups, small businesses, and established corporations seeking to enhance their digital footprint through strategic domain investments. HailPay generates revenue through its pricing service for domain names, operating on a transaction-based model.


Clients submit requests for domain evaluations and receive customized pricing from HailPay's experts, creating a direct B2B relationship. Once a price is agreed upon, clients proceed with the purchase, which may involve either one-time fees or potential subscription services for ongoing domain management and valuation updates. The company’s flagship offerings include tailored domain assessments that serve both individual entrepreneurs and larger organizations, ensuring a broad appeal within the market. Each transaction is handled meticulously, resulting in a clear pricing structure that reflects the domain's market value, thereby supporting HailPay's revenue generation strategy.


In pursuit of growth, HailPay intends to enhance its service offerings with new products designed to provide more comprehensive domain management solutions, although specific release dates have yet to be announced. The company is also targeting expansion into international markets, with a focus on Europe and Asia by the end of 2025. The recent acquisition by Reserve App in April 2015 will provide the necessary resources to support these initiatives, leveraging synergies to enhance their market presence and customer engagement.


Current Investors

Reserve Media Inc.

Primary Industry

Software

Sub Industries

Accounting/Finance Software

Website

www.hailpay.com

Verticals

FinTech

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.