Alluvium

Alluvium, Inc., founded in 2015, operates from New York, US, specializing in premium domain names. The company was acquired by Augury, Inc. in January 2019, with financial terms undisclosed. The founder's previous ventures are not publicly detailed, and there are no known subsidiaries or parent companies.io specializes in the sale and lease of domain names, offering a streamlined platform for individuals and businesses seeking digital assets. Their primary service involves providing premium verified domains for purchase, with a notable offering priced at USD 4,500.io caters to diverse customer needs by offering a lease-to-own option for USD 150 per month, enabling potential customers to acquire domain names over time. The platform emphasizes secure payments and hassle-free transactions, ensuring a safe experience for both buyers and sellers.io generates revenue primarily through transaction-based sales of domain names and leasing agreements. The structure of transactions involves direct sales to consumers or businesses, where clients can either purchase domain names outright or opt for a lease-to-own arrangement. The flagship offering is the premium domain priced at USD 4,500, while the leasing option provides a recurring revenue stream of USD 150 per month. This flexibility in payment options caters to a broad client base, allowing customers to choose a financial path that best suits their needs.Alluvium, Inc. aims to expand its service offerings by designing new digital products targeted at enhancing its domain management capabilities, although specific release dates are not available. Additionally, the company plans to enter emerging markets in Asia and Europe to broaden its client base by 2023.50 mn will be strategically utilized to support these initiatives, including product development and market expansion efforts.

1. Seed

   Dec 7, 2016

   Amount

   $2.5M

   Investors

   Locked