# DailyCred

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

- Industry: Internet
- Headquarters: Seattle, US
- Website: www.shopobot.com
- Total disclosed funding: $0.4M
- Latest round: Seed (Jun 16, 2011)
- Investors on record: 5

## About

DailyCred Inc. operates ShopObot.com, specializing in domain registration services, providing premium domain names and essential online security features for diverse clients seeking to establish their digital presence.Founded in 2011, DailyCred Inc. operates as a digital service provider focused on domain registration. The company is headquartered in Seattle, US. The founder, Julius S, has a history of entrepreneurship but no specific prior ventures are mentioned. DailyCred participated in 2 funding deals, with the most recent being a Seed round on June 16, 2011, raising USD 0.42 mn from investors including AOL Ventures, AngelPad, Ecosystem Ventures, GV, and Jump Ventures. This total amount of USD 0.42 mn represents the entirety of their funding to date.ShopObot.com primarily offers domain registration services through the sale of premium domain names. The core product is the domain name 'ShopObot.com', currently available for purchase at a price of USD 2,795 or through a structured payment plan of USD 116.46 per month over 24 months. The company provides essential features including SSL encryption for security and WhoIs Privacy Protection, catering to entrepreneurs, small businesses, and larger corporations looking to establish their online presence across North America, Europe, and Asia.The revenue model of ShopObot.com is based on one-time domain sales and recurring revenue from optional services such as privacy protection and email packages. Customers can either pay the full amount for a domain like ShopObot.com upfront or opt for a structured payment plan, broadening market accessibility. The transaction structure is direct-to-consumer, facilitating seamless domain acquisition through the company website, with additional revenue potential from ancillary services that enhance domain management and security.Looking forward, DailyCred Inc. plans to enhance its product offerings by developing new domain-related services. The recent Seed funding round of USD 0.42 mn, raised in June 2011, will support these initiatives, although specific new product launch timelines are not detailed. The company aims to expand into new geographic markets, specifically targeting increasing presence in Europe and Asia by mid-2023.

## Funding rounds

- Seed, Jun 16, 2011, $0.4M — GV, Ecosystem Ventures, AOL Ventures, AngelPad, Jump Ventures
- Seed, Mar 1, 2011 — AngelPad

## Investors

- AngelPad (https://capitalatlas.ai/funds/angelpad) — Seed
- GV (https://capitalatlas.ai/funds/gv) — Seed
- Ecosystem Ventures (https://capitalatlas.ai/funds/ecosystem-ventures) — Seed
- AOL Ventures (https://capitalatlas.ai/funds/aol-ventures) — Seed
- Jump Ventures — Seed
