# Closely

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

- Industry: Marketing/Advertising
- Headquarters: Denver, US
- Website: www.closely.com
- Total disclosed funding: $3M
- Latest round: Series A (Apr 8, 2014)
- Investors on record: 3

## About

Closely, Inc. specializes in domain registration services, facilitating seamless acquisition, management, and renewal of domain names for businesses and individuals, thereby helping them establish their online presence.Founded in 2009 in Denver, US, Closely, Inc. provides domain registration services, focusing on simplifying the process for clients. The firm has completed 4 deals, with its most recent transaction occurring on November 2, 2017, when it raised USD 3.000 mn in a Series A round led by Grotech Ventures, alongside investors CNF Investments and Steadfast Venture Capital. The total amount raised by the company to date is USD 3.000 mn.Closely, Inc. offers domain registration services through its core platform, closely.com, which is currently in development. This service aims to provide businesses and individuals with a seamless process for acquiring, managing, and renewing domain names, addressing the needs of a diverse client base, including startups, small businesses, and established enterprises across various industries. The platform facilitates domain management and provides tools for DNS settings, simplifying the complexities associated with domain registration.The revenue model of Closely, Inc. is primarily transaction-based, generating fees from domain registrations and renewals. Transactions are conducted directly between the company and its clients, who typically engage in one-time purchases or ongoing subscription models for domain management services. While specific pricing details are not disclosed, the model allows users to navigate the registration process independently while offering support and additional services to enhance the user experience.Closely, Inc. is focused on expanding its product offerings and enhancing its platform for domain registration. The recent funding from the Series A round will support developments aimed at improving user experience and platform capabilities. Additionally, the company is looking to target new geographic markets to broaden its client base and establish a stronger presence globally. Following the acquisition by UpCurve, Inc. in November 2017, further strategic initiatives may be aligned with broader operational objectives.

## Funding rounds

- Series A, Apr 8, 2014, $3M — Grotech Ventures, CNF Investments, Steadfast Venture Capital

## Investors

- Grotech Ventures (https://capitalatlas.ai/funds/grotech-ventures) — Series A
- CNF Investments (https://capitalatlas.ai/funds/cnf-investments) — Series A
- Steadfast Venture Capital — Series A
