Lockbox
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.
Lockbox - overview
Established
2008
Location
San Jose, CA, US
Primary Industry
Software
About
Lockbox is a domain name brokerage service that facilitates the acquisition of premium domain names for businesses, enhancing their online presence. It provides a user-friendly platform for both outright purchases and interest-free payment plans. Lockbox, established in 2008, is headquartered in San Jose, US. The company specializes in domain name brokerage, enabling clients to purchase unique web addresses.
The founder, Ashlan Ahmed, has a background in business development. Lockbox raised USD 0. 5 million in Seed funding on November 12, 2014, from investor High-Tech Gründerfonds, which constitutes the total amount raised. Lock-Box.
com operates primarily as a domain name brokerage service, specializing in the sale of premium domain names. The company's main offering is the ability to acquire unique, memorable web addresses that can be pivotal for businesses in establishing their online presence. These domain names are sold to individual entrepreneurs, small businesses, and larger enterprises seeking to enhance their branding and visibility on the internet. Customers utilize these domains for various end-use cases, including e-commerce, informational websites, and digital marketing campaigns.
The domains are available to clients globally, with a significant focus on markets in North America, Europe, and parts of Asia where the demand for online real estate is robust. Lock-Box. com emphasizes a user-friendly purchasing process, allowing customers to either buy domains outright or opt for interest-free payment plans, catering to a diverse clientele with varying financial capabilities. Lock-Box.
com generates revenue primarily through the direct sale of domain names, with prices varying based on the perceived value and market demand for each domain. The company offers a structured transaction model that includes both outright purchases and installment payment plans, enabling clients to pay for domain acquisitions over a 12-month period. This pricing strategy appeals to a broad range of customers, from startups to established businesses, as it facilitates accessibility to high-value domains. The flagship offerings are typically high-demand domain names priced at USD 11,695, with clients encouraged to secure their desired domains promptly due to the competitive nature of the market.
The revenue model is straightforward, focusing on B2C transactions that allow end users to quickly and securely complete their purchases through various payment options, including credit card and PayPal, ensuring a seamless buying experience. Lockbox aims to leverage its recent Seed funding of USD 0. 5 million to enhance its product offerings and expand into new markets. The company is currently developing new domain acquisition services set to launch in 2025, and it plans to enter markets in Asia and South America by 2026.
These initiatives are designed to improve accessibility and cater to a growing global demand for premium domain names.
Current Investors
High-Tech Gruenderfonds
Primary Industry
Software
Sub Industries
Content Management Software, Monitoring & Security Software
Website
www.lock-box.com
Verticals
Cloud Computing
Company Stage
Angel & Seed
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.