# CoalTek

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

- Industry: Mining
- Headquarters: Tucker, US
- Website: www.coaltek.com
- Total disclosed funding: $48M
- Latest round: Series E (Aug 5, 2009)
- Investors on record: 6

## About

CoalTek specializes in domain name acquisition services, offering secure sales and leases of premium domain names, which help clients establish their online presence effectively.CoalTek operates in Tucker, US, providing domain name services focused on premium sales and leasing. The company was founded as an independent entity, with no mention of previous pivots or changes in operation. CoalTek has not been reported as a subsidiary or parent of another entity. It has raised a total of USD 2.00 mn, including USD 1.00 mn in its latest funding round, a VENTURE DEBT deal on August 2, 2013, from investors including Braemar Energy Ventures, Lightspeed Venture Partners, and Technology Partners.CoalTek.com primarily offers domain name acquisition services, focusing on the sale and lease of premium domain names. The domain name Coaltek.com is priced at USD 3,495 or can be leased at USD 296 per month. The platform caters to diverse clientele including startups and larger businesses, enhancing their online presence through valuable domain names. The service emphasizes safe and secure transactions, accommodating customers globally, especially in North America and Europe, with local currency options at checkout.CoalTek.com generates revenue through the direct sale and leasing of domain names, supporting both immediate and ongoing income streams. Customers can purchase domain names outright or choose a monthly lease-to-own structure. The pricing for premium domain offerings is set at USD 3,495, complemented by free transaction support to enhance customer satisfaction and encourage repeat business.CoalTek plans to leverage its recent funding from August 2013 to support its growth initiatives. The funds will aid in expanding its service offerings, particularly the launch of new domain acquisition products targeted for release in mid-2024. Additionally, CoalTek aims to enter new geographic markets in Asia and South America by the end of 2025, responding to the increasing demand for premium domains in these regions.

## Funding rounds

- Series E, Aug 5, 2009, $0.3M — Draper Fisher Jurvetson, Lightspeed Venture Partners, Warburg Pincus, Braemar Energy Ventures, Element Partners
- Series C, May 18, 2007, $7.4M — Technology Partners, Warburg Pincus, Element Partners
- Series C, Feb 26, 2007, $33M — Draper Fisher Jurvetson, Lightspeed Venture Partners, Warburg Pincus, Braemar Energy Ventures
- Series B, Nov 13, 2006, $5M — Draper Fisher Jurvetson, Warburg Pincus, Braemar Energy Ventures
- Series A, Jul 7, 2005, $2.2M — Draper Fisher Jurvetson, Technology Partners, Warburg Pincus, Braemar Energy Ventures

## Investors

- Draper Fisher Jurvetson (https://capitalatlas.ai/funds/draper-fisher-jurvetson) — Series A, Series B, Series C, Series E
- Technology Partners — Series A, Series C
- Warburg Pincus (https://capitalatlas.ai/funds/warburg-pincus) — Series A, Series B, Series C, Series E
- Braemar Energy Ventures (https://capitalatlas.ai/funds/braemar-energy-ventures) — Series A, Series B, Series C, Series E
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series C, Series E
- Element Partners (https://capitalatlas.ai/funds/element-partners) — Series C, Series E