# blik

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

- Industry: Software
- Headquarters: Munich, Germany
- Website: www.blik.io
- Latest round: Seed (Jul 1, 2018)
- Investors on record: 2

## About

Blik is a domain name platform that facilitates the buying and leasing of unique online identities for businesses and individuals, focusing on user-friendly transactions and robust customer support.Founded in 2017, blik operates out of Munich, Germany, providing domain name solutions. The company was established by Bastian Burger, who leads as CEO. In July 2018, blik secured Seed funding from Motu Ventures and TechStars Ventures. The firm has executed 1 deal to date.Blik.io specializes in the buying and leasing of domain names, offering a straightforward platform for clients seeking a unique online presence. The core product, the domain name 'Blik.io,' is available for outright purchase at a price of USD 7,988 or through a Lease to Own option priced at USD 174 per month. This flexible payment structure caters to startups, entrepreneurs, and established businesses seeking to enhance their digital footprint. Blik.io operates in various geographical markets, enabling customers across North America, Europe, and parts of Asia to access their domain services, ensuring secure transactions and providing free transaction support.Blik.io generates revenue primarily through domain sales and leasing agreements. Transactions involve clients purchasing or leasing domain names, with payment options accommodating different financial capacities. The flagship offering, 'Blik.io,' is positioned as a premium domain, commanding a significant upfront cost or manageable monthly lease. Revenue is realized at the point of purchase or through regular monthly payments, creating a consistent cash flow as clients opt for the Lease to Own model. Additionally, the company benefits from ancillary services associated with domain management, enhancing its overall revenue potential.Blik plans to introduce new products and enhance its platform's features in the coming quarters, though specific release dates are yet to be confirmed. The company aims to expand into additional markets within Europe and Asia by the end of 2023. Recent funding secured in July 2018 will be utilized to support these growth initiatives, enhancing infrastructure and marketing efforts to drive customer acquisition.

## Funding rounds

- Seed, Jul 1, 2018 — Techstars, Motu Ventures

## Investors

- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- Motu Ventures (https://capitalatlas.ai/funds/motu-ventures) — Seed