Queuecard Inc
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Queuecard Inc - overview
Location
Palo Alto, CA-California, US
Primary Industry
Financial Services
About
QueueCard Inc. is a domain name acquisition and leasing company, specializing in providing flexible options for businesses and entrepreneurs to establish their online presence through the domain QueueCard. com. QueueCard Inc.
is focused on domain name acquisition and leasing. Founded in Palo Alto, US, the company was established through the efforts of its founders who aimed to simplify online domain ownership. In September 2005, QueueCard raised USD 7 mn in Series A funding led by AllegisCyber Capital and Worldview Technology Partners, with participation from Société Générale. The company has successfully maintained its operations without any major shifts in strategy or structure since its inception.
QueueCard. com specializes in providing domain name acquisition and leasing services, particularly focusing on the domain name QueueCard. com. Clients can either purchase the domain for a fixed price of USD 999 or opt for a lease-to-own arrangement at USD 167 per month.
This model serves a diverse clientele, including individual entrepreneurs and corporations, by ensuring a secure and efficient transaction process primarily in the United States, with availability for international clients. QueueCard. com generates revenue through direct sales and leasing of domain names, offering clients a choice between a one-time payment or a monthly leasing plan. For instance, with the lease-to-own option, clients commit to monthly payments of USD 167 until the purchase price is fully paid.
This approach allows a broader range of customers to access premium domain names, establishing a strong presence in the online domain market while ensuring secure payment processing. QueueCard Inc. plans to leverage the USD 7 mn raised in Series A funding to enhance its service offerings and expand its market reach. The funds will support the development of new products aimed at streamlining the domain acquisition process and improving customer experience.
Additionally, the company is targeting international markets for expansion, with plans to introduce localized services by 2025. This strategy aims to cater to the increasing global demand for domain names.
Current Investors
AllegisCyber Capital, Worldview Technology Partners, Société Générale Group
Primary Industry
Financial Services
Sub Industries
Financial Services
Website
www.queuecard.com
Company Stage
Series A
Total Amount Raised
Subscriber access only
Queuecard Inc - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A | Completed | Queuecard Inc | - |
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Queuecard Inc - employee data
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