# ChemConnect

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

- Industry: Electronics
- Headquarters: Houston, US
- Website: www.chemconnect.com
- Total disclosed funding: $30M
- Latest round: Series B (Aug 9, 1999)
- Investors on record: 5

## About

ChemConnect is a domain name service company that specializes in facilitating the sale of high-value domain names for businesses and individuals seeking to establish a strong online presence.Founded in 1995, ChemConnect operates out of Houston, US. The company focuses on domain name sales and has pivoted its strategy over time by acquiring Perfect Commerce, Inc. in June 2012. Notable investors in its latest funding round include Goldman Sachs Merchant Banking Division and Highland Capital Partners. The company has successfully raised USD 70.00 mn in total funding, all from its most recent round, which occurred in June 2012.ChemConnect.com provides premium domain name services, primarily offering high-value domain names like ChemConnect.com, listed for USD 16,995. The service caters to a diverse clientele, including startups and established companies, enhancing their brand identity through recognizable web addresses. The company operates heavily in North America and Europe, where the demand for digital real estate is increasing, particularly among tech-savvy enterprises. Its user-friendly platform enables quick domain acquisition, often completed within hours of purchase.ChemConnect.com generates revenue through the sale of domain names, utilizing both direct purchases and structured payment plans. Clients have the flexibility to pay USD 708.13 per month for a duration of 24 months. This B2C model supports steady revenue generation, with premium domains attracting higher pricing due to their market appeal. Additional revenue streams come from ancillary services such as whois privacy protection, which offers enhanced data privacy for customers.ChemConnect plans to expand its product offerings and market reach significantly. The company is developing new domain-related services aimed at increasing customer engagement and is targeting entry into emerging markets in Asia by 2025. The recent funding of USD 70.00 mn will be allocated to support these initiatives and facilitate further acquisitions to bolster its service portfolio.

## Funding rounds

- Series B, Aug 9, 1999, $30M — Highland Capital Partners, Institutional Venture Partners, Weiss Peck & Greer, Presidio Partners, Goldman Sachs Asset Management

## Investors

- Highland Capital Partners (https://capitalatlas.ai/funds/highland-capital-partners) — Series B
- Institutional Venture Partners (https://capitalatlas.ai/funds/institutional-venture-partners) — Series B
- Weiss Peck & Greer (https://capitalatlas.ai/funds/weiss-peck-greer) — Series B
- Presidio Partners (https://capitalatlas.ai/funds/presidio-partners) — Series B
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series B