Urbanbase Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Urbanbase Inc. - overview
Established
2014
Location
Seoul, -, South Korea
Primary Industry
Software
About
Based in South Korea, Urbanbase Inc. develops innovative domain-related services, specializing in efficient pricing and valuation solutions for businesses seeking to establish their online presence. Urbanbase Inc. is a company that focuses on domain valuation and acquisition services, headquartered in Seoul, South Korea.
Founded in 2014 by Jinu Ha, the company has evolved its business strategy to meet the demands of the digital landscape. Urbanbase has engaged in 9 deals, with its most recent funding round being a SERIES B, during which it raised KRW 13,000. 00 mn from Hanwha Hotels & Resorts Co. , Ltd.
Food Culture Business, bringing its total amount raised to KRW 13,000. 00 mn. Urbanbase specializes in providing domain-related services, focusing on competitive pricing for domain names. Leveraging its expertise, the company ensures clients receive quotes within 24 business hours after submitting a request.
Urbanbase serves a diverse clientele, including entrepreneurs, small to medium-sized businesses, and large corporations across North America, Europe, and Asia, streamlining the process of acquiring domain names to help establish a strong digital identity. Urbanbase generates revenue through a structured pricing model centered on domain name valuation and acquisition services. Clients submit inquiries for domain pricing, prompting Urbanbase's domain experts to provide quotes based on market trends. Engaging primarily in B2B transactions, Urbanbase offers a seamless process from inquiry to purchase and may provide tiered pricing plans to accommodate various client needs.
Following its most recent funding round in June 2022, where Urbanbase raised an undisclosed amount in SERIES C funding from Samsung Venture Investment, the company plans to expand its product offerings and enter new markets. Specific details on upcoming product launches have yet to be disclosed, but Urbanbase aims to enhance its service portfolio and reach additional geographical regions by 2024, utilizing the recent funding to support these initiatives.
Current Investors
SparkLabs Accelerator, Capstone Partners, CKD Venture Capital
Primary Industry
Software
Sub Industries
Multimedia & Graphics
Website
www.urbanbase.com
Verticals
Mobile Apps, Virtual Reality (VR)
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.