# Cube Route

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cube-route

- Industry: Logistics & Distribution
- Headquarters: Toronto, Canada
- Website: www.cuberoute.com
- Total disclosed funding: $5.9M
- Latest round: Series B (Nov 15, 2005)
- Investors on record: 2

## About

Cube Route Inc. is a domain name marketplace that provides users with a straightforward platform to purchase and lease domain names, catering to individual entrepreneurs and businesses in North America and Europe.Cube Route Inc. operates in the domain name market, facilitating the acquisition and leasing of digital properties. The company is based in Toronto, Canada. It has undergone changes such as a recent acquisition of its assets by Descartes in December 2006. The latest funding round was a Series B round, raising USD 5.86 mn from investors CIBC Capital Partners and JLA Ventures, marking the total amount raised at USD 5.86 mn.Cube Route Inc. specializes in the domain name market, providing a platform for domain name acquisitions either for immediate purchase or through a 'Lease to Own' option. Customers can pay a full price of USD 3,999 or opt for a leasing plan at USD 220 per month, aimed at individual entrepreneurs and small to medium-sized businesses seeking a digital presence. The company serves primarily North American and European customers, ensuring secure transactions and comprehensive support during the domain transfer process.Cube Route Inc. generates revenue through the direct sales and leasing of domain names. The revenue model includes one-time purchases and subscriptions via the Lease to Own model, allowing clients flexibility. For instance, clients can either pay USD 3,999 upfront or choose monthly payments of USD 220 until the purchase price is fulfilled, catering to a diverse clientele and enhancing accessibility to premium domain names.The company is focused on expanding its offerings and entering new markets. In particular, Cube Route Inc. aims to roll out additional services designed for enhanced domain management in the coming year. The recent funding will be utilized to support these developments and facilitate better market penetration in both North America and Europe. Additionally, following its recent deal in December 2006, the company is exploring strategic partnerships to bolster its market position.

## Funding rounds

- Series B, Nov 15, 2005, $5.9M — CIBC Capital Partners, JLA Ventures

## Investors

- CIBC Capital Partners — Series B
- JLA Ventures (https://capitalatlas.ai/funds/jla-ventures) — Series B