ZYNCD
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ZYNCD - overview
Established
2014
Location
London, -, UK
Primary Industry
Internet
About
ZYNCD is a domain marketplace that connects sellers and buyers of internet domain names, facilitating the acquisition of unique web addresses for individuals and businesses alike. Founded in 2014, ZYNCD operates a platform that allows users to buy and sell internet domain names. The company is headquartered in London, UK. Simon Schneider serves as CEO and has a history of entrepreneurial ventures.
ZYNCD has completed 4 deals, with the most recent being on January 28, 2016, when it raised EUR 360 thousand in funding led by J&T Ventures, alongside Texas Atlantic Capital. This round values the company at EUR 2. 69 million post-money. ZYNCD.
com functions as a domain marketplace facilitating the buying and selling of internet domain names. It caters to individuals and businesses seeking unique web addresses to enhance their online presence. The platform allows users to list domains for sale while potential buyers browse a diverse inventory for various purposes such as brand development and e-commerce. Core offerings include a user-friendly interface for easy navigation and tools for domain valuation and appraisal, engaging customers across North America, Europe, and Asia.
ZYNCD. com generates revenue through transaction fees from domain sales on its platform. The company charges a percentage of the sale price upon completion of a transaction, following a B2C model. This structure connects domain owners with prospective buyers, enhancing the marketplace's efficiency.
Pricing for domain listings varies based on domain popularity and market demand, with a transparent fee structure ensuring clarity for all users involved. ZYNCD's strategy for future growth includes the enhancement of its platform with new products that improve user experience, with specific release dates to be determined. The company plans to expand into new markets, targeting regions in Asia and North America by 2025. The recent funding round of EUR 360 thousand will support these initiatives, particularly in strengthening platform features and market outreach efforts.
Current Investors
Wayra, Texas Atlantic Capital, J&T Ventures
Primary Industry
Internet
Sub Industries
Social Networking & Communication Platform
Website
www.zyncd.com
Company Stage
Series A
Total Amount Raised
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