# AsiaMX

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/asiamx

- Industry: Business Support Services
- Headquarters: Singapore
- Website: www.asiamx.com
- Latest round: Seed (Mar 15, 2016)
- Investors on record: 1

## About

AsiaMX is a Singapore-based company that specializes in providing premium domain names for purchase or lease, facilitating businesses in establishing a strong online presence through its offerings.AsiaMX operates in the domain name industry, offering both sales and leasing options for high-value domain names. Founded by Carlos Castillo, the company has remained focused on catering to a diverse clientele across global markets. AsiaMX has undergone a strategic pivot to enhance its service offerings, with its headquarters located in Singapore. The company raised seed funding in March 2016 from an investor group, including Marvelstone's startup accelerator arm, 10K Asia, marking its first external investment round.AsiaMX.com specializes in the sale and leasing of premium domain names, a critical asset for businesses aiming to establish a strong online presence. The company's primary offering includes high-value domain names available for outright purchase or through a lease-to-own model. This dual approach addresses various customer needs, providing flexibility for clients who may prefer an initial lower financial commitment while still securing their desired digital identity. AsiaMX.com serves a diverse clientele, including startups, established businesses, and individual entrepreneurs across global markets such as North America, Europe, and parts of Asia. The company emphasizes a straightforward transaction process, ensuring that customers can navigate domain acquisitions seamlessly and securely.AsiaMX.com generates revenue primarily through direct sales and leasing agreements for its domain names. Customers can choose to pay a one-time fee of USD 29,888 for immediate ownership or opt for a lease-to-own plan at USD 2,491 per month, which allows for gradual ownership over time. This pricing structure facilitates transactions with a broad client base, including both business-to-business (B2B) and direct-to-consumer segments, catering to various needs and financial capabilities. The combination of upfront payments and recurring revenue from lease agreements creates a sustainable financial model for the company, enabling it to support ongoing operations while accommodating diverse customer preferences. Through secure payment processing and transaction support, AsiaMX.com ensures a reliable experience for all users engaging with its products and services.AsiaMX aims to enhance its product range by introducing new premium domain names tailored to emerging market trends in the upcoming quarters. The company plans to expand its reach into untapped markets, specifically targeting Southeast Asia and South America by the end of 2023. Recent funding from the seed round raised in March 2016 will be utilized to develop marketing strategies and improve the platform's technological infrastructure to support these initiatives.

## Funding rounds

- Seed, Mar 15, 2016 — Marvelstone

## Investors

- Marvelstone (https://capitalatlas.ai/funds/marvelstone) — Seed