Nascentric Inc.
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Nascentric Inc. - overview
Location
Austin, TX, US
Primary Industry
Software
About
Nascentric Inc. focuses on premium domain name sales, offering distinctive online identities for businesses and individuals. Their flexible purchasing options cater to a diverse clientele seeking to enhance their digital presence. Nascentric Inc.
operates primarily in the domain name space, facilitating direct sales of premium digital assets. The company was acquired by Cadence Design Systems in 2009. Headquartered in Austin, US, it has engaged in four deals since inception, with its most recent funding event occurring on June 1, 2009, involving a Series C round that raised USD 7. 00 mn from investors including Austin Ventures, Intel Capital, Needham Capital Partners, and Silverton Partners.
Overall, Nascentric has raised a total of USD 7. 00 mn, with a current valuation of USD 21. 89 mn. NasCentric.
com offers a premium domain name for sale, specifically targeting businesses and individuals seeking a distinctive online presence. The core product is the domain available for outright purchase at a price of USD 1,895 or through a flexible payment plan of USD 78. 96 per month for 24 months. This offering is designed to cater to a wide range of clients, including startups and established businesses, across various sectors such as technology and e-commerce.
The primary geographical markets include the United States and other English-speaking countries with a high demand for premium digital assets. The revenue model for NasCentric. com is built around the direct sale of domain names, allowing customers to either purchase the domain outright or opt for a manageable payment plan. After a transaction, the domain is transferred to the buyer's account within one to two hours.
The company also provides a 30-day money-back guarantee, reinforcing customer confidence. Priced at USD 1,895, sales are typically made through direct interactions with individual buyers and businesses, facilitating consistent revenue generation in the premium domain marketplace. Looking ahead, Nascentric Inc. plans to expand its offerings with new products designed to enhance customer experience in domain acquisition.
The company is targeting expansion into additional English-speaking markets to capture a broader clientele by the end of 2024. Recent funding through the Series C round, which raised USD 7. 00 mn, is expected to support these initiatives and bolster its operational capabilities. This strategic direction aims to capitalize on the increasing demand for unique web addresses.
Current Investors
Austin Ventures, Silverton Partners
Primary Industry
Software
Sub Industries
Software
Website
www.nascentric.com
Company Stage
Acquired
Total Amount Raised
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