Seattle Systems, Inc.
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Seattle Systems, Inc. - overview
Location
Poulsbo, WA, US
Primary Industry
Medical Devices & Equipment
About
Seattle Systems, Inc. is a domain name marketplace focused on selling premium domain names, including its flagship domain, SeattleSystems. com, catering to diverse clients like entrepreneurs and businesses worldwide. Seattle Systems, Inc.
operates as a domain name marketplace that facilitates the sale of premium domain names. The company was acquired by CAMP in July 2005. Its headquarters is located in Poulsbo, US. The firm has successfully completed 2 deals, with the latest funding round being a BUYOUT of USD 13.
000 mn from investors FCF Partners and Stonington Partners, bringing the total amount raised to USD 13. 000 mn. SeattleSystems. com serves as a specialized platform for the sale of premium domain names, including the prominent domain SeattleSystems.
com. Customers can purchase domain names through either full upfront payments or structured payment plans. The services are designed to meet the needs of entrepreneurs and businesses seeking to establish a web presence, ensuring secure transactions and quick access to purchased domains, typically within one to two hours. The company's clientele spans globally, covering regions such as North America, Europe, and Asia.
Seattle Systems, Inc. generates revenue from direct sales of domain names, with the flagship domain, SeattleSystems. com, priced at USD 2,295. Customers can opt for an outright purchase or a payment plan of USD 95.
63 per month for 24 months. The company adopts a straightforward B2C sales model, allowing clients to directly buy domain names, and provides a 30-day money-back guarantee to reinforce customer trust and retention. Moving forward, Seattle Systems, Inc. intends to enhance its product offerings and explore new market opportunities.
The latest acquisition in July 2005 has provided additional resources to innovate and expand into untapped regions. The company aims to introduce new premium domains and improve its platform to attract more customers while leveraging recent funding to support these initiatives.
Primary Industry
Medical Devices & Equipment
Sub Industries
Therapeutic Devices
Website
www.seattlesystems.com
Verticals
Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Seattle Systems, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Seattle Systems, Inc. | - | ||||||||
| Buyout | Completed | Seattle Systems, Inc. | - |
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