XOR Data Exchange, Inc.

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XOR Data Exchange, Inc. - overview

Established

2014

Location

Austin, TX, US

Primary Industry

Marketing/Advertising

About

XOR Data Exchange, Inc. operates a digital asset marketplace designed to facilitate transactions for domain names and digital resources, serving entrepreneurs, small businesses, and investors seeking to enhance their online presence. Founded in 2014, XOR Data Exchange, Inc. is based in Austin, US.


The company specializes in the trading of digital assets, specifically domain names. In February 2017, XOR raised USD 2. 000 mn in Series A funding from various investors, maintaining its focus on domain transactions and growing its market presence. The founder's history is not specified, nor does the company appear to have subsidiaries or a parent company.


XOR Data Exchange, Inc. is currently positioned as a digital asset marketplace, focusing on facilitating transactions for domain names and digital resources. The platform caters to entrepreneurs, small businesses, and investors aiming to acquire online assets to improve branding and investment opportunities in the digital arena. While specific launch dates for offerings are not disclosed, the domain trading market continues to experience growth, particularly in regions like North America and Europe where digital assets are increasingly sought after.


The revenue model for XOR Data Exchange, Inc. primarily derives from domain transactions involving direct sales and negotiations between buyers and sellers. Clients typically engage in one-time purchases of domain names, with prices influenced by factors like demand and keyword relevance. The platform may also generate revenue through premium listings that provide enhanced visibility for sellers, thus streamlining the purchasing process for buyers.


Revenue generation is largely transactional, relying on fees associated with each sale rather than subscription services. XOR Data Exchange, Inc. plans to leverage its recent Series A funding of USD 2. 000 mn raised in February 2017 to support its growth initiatives.


The company aims to enhance its platform offerings and may explore expansion into new markets, although specific regions and product launches have yet to be detailed. The focus will be on capitalizing on the growing demand for digital assets, enhancing its service capabilities, and broadening its customer base.


Current Investors

Chicago Ventures, Lakewest Venture Partners, Corazon Capital

Primary Industry

Marketing/Advertising

Sub Industries

Market Research & Consulting, Analytics & Performance Software

Website

www.xor.exchange

Company Stage

Series A

Total Amount Raised

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XOR Data Exchange, Inc. - employee data

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