Lodestone Social Media

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Lodestone Social Media - overview

Established

2008

Location

Austin, TX, US

Primary Industry

Software

About

Lodestone Social Media specializes in providing premium domain names, focusing on enhancing online presence for businesses and individuals. Their flagship product, LodestoneSocial. com, targets sectors such as social media and digital marketing. Lodestone Social Media, founded in 2008 and headquartered in Austin, US, is known for its premium domain name offerings.


In June 2016, the company was acquired by Umbel, a portfolio company of Austin Ventures and Cielo Private Equity Funds. The founder's history or details regarding previous ventures is not mentioned. The company has raised a total of USD 0. 100 mn through a SEED funding round.


LodestoneSocial. com offers a premium domain name for sale, aimed at businesses and individuals seeking to improve their online identity. The primary offering is the domain name LodestoneSocial. com, serving clients across various sectors, including social media and digital marketing.


The domain is designed to help users establish a credible digital presence and connect effectively with target audiences. The customer base comprises entrepreneurs, startups, and established companies looking to broaden their digital footprint, with a focus on markets in North America and Europe. The company generates revenue through the direct sale of the domain name, which is priced at USD 3,495. Additionally, Lodestone Social Media offers an installment plan, allowing customers to purchase the domain for USD 145.


63 per month over 24 months. Transactions are conducted directly between the company and its customers, with a primary focus on B2C interactions. The company provides a 30-day money-back guarantee, aiming to enhance customer confidence during the purchasing process. Looking forward, Lodestone Social Media plans to innovate new products aimed at enhancing online identity, with details on specific product launches yet to be disclosed.


The company is also eyeing expansion into new geographic markets, particularly aiming to enhance its reach in Europe by 2024. The recent funding round in June 2016 will be utilized to support these growth initiatives, focusing on product development and market penetration strategies.


Current Investors

Primary Industry

Software

Sub Industries

eMarketing/Digital Marketing, Sales & Marketing Software, Digital Media

Website

www.lodestonesocial.com

Verticals

Social Media

Company Stage

Add-on

Total Amount Raised

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