# AutoBrix

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

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Bangalore, India
- Website: www.cleansecar.com
- Total disclosed funding: $5.1M
- Latest round: Angel (Nov 13, 2018)
- Investors on record: 2

## About

AutoBrix is a Bangalore-based company that specializes in offering premium domain names catering to both individuals and businesses, enhancing their online presence and brand visibility.AutoBrix, founded in 2018 in Bangalore, India, focuses on the sale of premium domain names. The company has not undergone significant changes in its business strategy. The founder's background is not publicly detailed, and AutoBrix has completed four investment deals, the latest being on February 2, 2023. The most recent funding round was a raise of INR 136.460 mn from several investors including Alfa Ventures and Haldiram Family Office, contributing to a total amount raised of INR 136.460 mn and raising the company's valuation to INR 754.547 mn.CleanseCar.com specializes in the sale of domain names, primarily targeting individuals and businesses seeking to establish an online presence. The core offering includes premium domain names that can enhance brand visibility and improve search engine optimization for clients across various industries. The company aims to serve a diverse client base, including small to medium-sized enterprises, startups, and established businesses looking to pivot or expand their online capabilities. The domains are available for purchase and are marketed to customers in North America, Europe, and Asia, addressing the growing need for unique and memorable web addresses in the digital marketplace. By facilitating the acquisition of these domains, CleanseCar.com plays a crucial role in helping clients launch or rebrand their online identities effectively.Revenue for CleanseCar.com is generated primarily through direct domain sales to consumers and businesses. In the most recent year, 2019, the company reported revenue of INR 117,128.60 with an EBITDA of INR -242,078.90. Transactions typically involve clients purchasing domain names outright, which may come with additional services such as privacy protection or domain transfer assistance. The structure of these transactions is direct-to-consumer, allowing customers to engage straightforwardly with the company for their domain needs. Specific pricing plans may vary based on the perceived value of individual domain names, with flagship products positioned as premium options that command higher prices due to their marketability and relevance. The company’s revenue framework is designed to capitalize on the increasing demand for distinctive online identities, supported by streamlined purchasing processes that enhance customer experience.In early 2023, AutoBrix saw Magnus KJoller Holdings exit its stake for an undisclosed amount. The company plans to utilize its recent funding to explore new product offerings in the domain registration sector, although specific launch dates have yet to be disclosed. AutoBrix is also targeting expansion into additional markets in North America and Europe. These initiatives will be supported by the recent funding raised, which is expected to enhance AutoBrix's operational capabilities and market reach.

## Funding rounds

- Angel, Nov 13, 2018, $4.9M — Venture Catalysts, Omphalos Ventures India
- Seed, Aug 22, 2018, $0.2M — Omphalos Ventures India

## Investors

- Omphalos Ventures India (https://capitalatlas.ai/funds/omphalos-ventures-india) — Seed, Angel
- Venture Catalysts (https://capitalatlas.ai/funds/venture-catalysts) — Angel