MemoryWell Inc.
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MemoryWell Inc. - overview
Established
2016
Location
Washington, DC, US
Primary Industry
Internet
About
MemoryWell Inc. is a Washington-based company that develops innovative digital solutions focused on providing premium domain name services, enabling clients to enhance their online visibility and engagement effectively. Founded in 2016 by Jay Newton-Small, MemoryWell Inc. specializes in premium domain name sales and leasing.
The company operates from its headquarters in Washington, US. In March 2021, MemoryWell raised USD 2. 5 mn in Seed funding led by Argon Ventures, which included participation from Gutbrain Ventures, Inflect Health, One Planet Ops, PBJ Capital, and Pixel Perfect Ventures, totaling USD 2. 5 mn raised over its funding rounds.
Memorywell. com specializes in the sale and leasing of premium domain names, with its core offering centered around the domain name memorywell. com. Customers can purchase or lease domain names through a secure transaction process, with options to buy for USD 8,911 or lease for USD 409 per month.
The service caters to a diverse customer base, including entrepreneurs and businesses looking to establish their online presence, operating across North America, Europe, and Asia, ensuring local currency support at checkout. Memorywell. com generates revenue through direct-to-consumer transactions related to domain name sales and leasing. Clients can either purchase the domain outright for USD 8,911 or enter a leasing agreement at USD 409 per month.
This flexible pricing structure allows the company to serve a broad market, from startups to established enterprises, with an emphasis on premium verified domains that attract clients seeking quality digital assets. Following the Seed funding round in March 2021, MemoryWell Inc. plans to scale its platform while developing a predictive social determinants of health AI rating system. The company aims to expand its offerings and reach new markets, targeting growth in North America and Europe by the end of 2022.
The recent funding will support these initiatives, enabling the company to enhance its technological capabilities and market presence.
Current Investors
HealthTech Capital, S&R Fund, One Planet Ops
Primary Industry
Internet
Sub Industries
Web Applications, Content Management Software
Website
www.memorywell.com
Company Stage
Angel & Seed
Total Amount Raised
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MemoryWell Inc. - employee data
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