ShopAdvisor, Inc.

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ShopAdvisor, Inc. - overview

Established

2011

Location

Concord, MA, US

Primary Industry

Software

About

ShopAdvisor, Inc. provides innovative pricing solutions for domain names, enabling clients to quickly and accurately estimate values. The company focuses on streamlining the domain valuation process for businesses and individuals through efficient online services. Founded in 2011 and headquartered in Concord, US, ShopAdvisor, Inc.


specializes in domain name pricing solutions. The company's founders are Janne Heinonen, Nalin Gupta, and Olli Virtanen, with Jeff Papows serving as CEO. ShopAdvisor has raised a total of USD 1. 210 mn across several funding rounds, the most recent being in July 2016, where they secured USD 1.


214 mn from various investors. The company has completed 5 deals to date. ShopAdvisor. com specializes in providing pricing solutions for domain names, focusing on facilitating quick and efficient price estimations for its clients.


The company’s core offering includes a streamlined online form that allows users to receive price quotes for domain names within 24 business hours. This service primarily targets businesses and individuals looking to acquire or value domain names, particularly in North America, where it offers toll-free support for U. S. and Canadian customers.


ShopAdvisor’s services simplify the complexities of domain valuation, assisting clients in navigating the intricate domain name market. ShopAdvisor. com generates revenue through service fees for its domain pricing services. Clients submit inquiries via the online form, which initiates a process where pricing specialists evaluate domain names and provide quotes.


This model involves direct engagement with customers, targeting both B2B and direct-to-consumer sales. While specific pricing plans are not disclosed, the business model likely includes one-time fees for valuations or potential subscription options for ongoing services, thus enabling customers to manage their domain acquisition strategies effectively. Looking ahead, ShopAdvisor, Inc. plans to leverage its recent funding round from July 2016, where it raised USD 1.


214 mn, to enhance its product offerings and expand its market presence. The company is developing new features aimed at improving user experience on its platform, with a launch targeted for 2017. Additionally, ShopAdvisor seeks to enter new geographic markets, particularly focusing on Europe and Asia by 2018, to broaden its client base and capitalize on the growing demand for domain valuation services.


Current Investors

Pittco Capital Partners, Seavest Capital Partners, Rationalwave Capital Partners

Primary Industry

Software

Sub Industries

Advertising Agencies & Media Buyers, Web Applications, Analytics & Performance Software, Sales & Marketing Software

Website

www.shopadvisor.com

Verticals

AdTech, Big Data, E-commerce, Mobile Apps

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

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