Wheeldo
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Wheeldo - overview
Established
2012
Location
Tel Aviv-Yafo, -, Israel
Primary Industry
Software
About
Wheeldo operates a specialized marketplace for premium domain names, offering unique, brandable domain options that cater to businesses seeking to enhance their online presence. Founded in 2012 and headquartered in Tel Aviv-Yafo, Israel, Wheeldo provides a marketplace for premium domain names. The company was established by individuals with a vision for facilitating digital brand identity. It has not undergone any notable pivots or changes in strategy since its inception.
The latest funding round occurred in August 2012, during which Wheeldo raised an undisclosed amount in Seed funding from DreamIt Ventures. WheelDo. com primarily offers a comprehensive marketplace for premium domain names, allowing businesses to acquire unique, brandable domains that enhance their online presence. The platform features over 300,000 expert-curated domain options, including one-word domains with modern extensions such as .
ai, . io, and . xyz. WheelDo.
com caters to a diverse clientele, including startups in the automotive industry, transportation services, and project management platforms, who are seeking to establish a recognizable online identity. The company's services extend beyond domain sales; they also provide trademark services, naming contests, audience research tools, and AI-powered branding solutions to facilitate business growth. These offerings are available to a global customer base, with particular focus on markets such as North America, Europe, and Asia, where there is a high demand for innovative technology and startup solutions. WheelDo.
com generates revenue primarily through the sale of domain names, with a flagship offering priced at USD 5,395 for the highly coveted WheelDo. com domain. The transactions typically occur on a one-time purchase basis, with customers utilizing an independent escrow service to ensure secure transfer of ownership. In addition, the company may engage in recurring revenue through annual domain renewal fees, generally around USD 10 per year for .
com domains, billed directly to customers upon transfer of the domain. Additional revenue streams are generated by providing trademark validation and filing services, as well as payment plans that allow clients to make smaller monthly payments towards domain acquisition. This multifaceted approach to revenue generation ensures robust engagement with both individual consumers and businesses, enhancing the overall operational sustainability of WheelDo. com.
Looking ahead, Wheeldo is focused on enhancing its product offerings by developing new features and services aimed at improving customer experience. The company plans to expand its presence in emerging markets including Asia and Europe by the end of 2023. The funds raised in August 2012 will be utilized to support these initiatives, ensuring sustained growth and increased market penetration.
Current Investors
DreamIt Ventures
Primary Industry
Software
Sub Industries
Internet, Gaming
Website
www.wheeldo.com
Company Stage
Angel & Seed
Total Amount Raised
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