Reesio

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Reesio - overview

Established

2012

Location

San Francisco, CA, US

Primary Industry

Software

About

Reesio specializes in premium domain name sales and leasing services, catering to individuals and businesses seeking to establish a robust online presence through flexible purchasing options. Reesio is a domain name sales and leasing platform founded in 2012, headquartered in San Francisco, US. The company has undergone significant growth, completing 5 deals by October 2015. Uyen Jones, the founder, has a background in entrepreneurship, with Reesio being one of her notable ventures.


The most recent funding round was Series A, through which Reesio raised USD 0. 08 mn, matching the total amount raised. In October 2015, Move, Inc. acquired Reesio, though terms were not disclosed.


Reesio. com offers premium domain name sales and leasing services, primarily targeting individuals and businesses looking to establish an online presence. The platform provides a selection of domain names available for outright purchase, lease-to-own agreements, or negotiable offers, allowing buyers to choose arrangements that fit their needs. The service facilitates secure transactions and assists buyers throughout the process, catering to a diverse clientele across North America and Europe.


Reesio generates revenue through the sale and lease of premium domain names. Clients can purchase a domain outright for a price of USD 8,911 or enter a lease agreement at USD 409 per month, with transactions supported by secure payment methods to ensure a seamless experience. Looking ahead, Reesio plans to expand its services by introducing new products aimed at enhancing customer experience in domain management. Specific release dates have yet to be announced.


The company is also targeting expansion into additional markets in Asia and Australia by 2025. The funding raised during the Series A round will be utilized to support these initiatives and bolster operational capabilities following the acquisition by Move, Inc. in 2015.


Current Investors

500 Global, Digital Garage, Inc., MicroVentures

Primary Industry

Software

Sub Industries

HR & Workforce Software, Sales & Marketing Software

Website

www.reesio.com

Company Stage

Acquired

Total Amount Raised

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