# Flotype

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

- Industry: Business Support Services
- Headquarters: Berkeley, US
- Website: www.flotype.com
- Total disclosed funding: $1.4M
- Latest round: Seed (Jan 5, 2012)
- Investors on record: 4

## About

Flotype Inc. is a domain name provider focused on premium web addresses, catering to businesses and individuals seeking to establish their online identity. Their offerings facilitate enhanced digital branding and online visibility.Founded in 2010 and headquartered in Berkeley, US, Flotype Inc. specializes in domain name sales. The company has successfully pivoted to focus on premium domain offerings since its inception. In January 2012, the company raised USD 1.4 mn in a Seed funding round from investors including Andreessen Horowitz, Salesforce, Inc., Y Combinator, and Ignition Partners. The total amount raised to date is also USD 1.4 mn.Flotype.com, operated by HugeDomains, primarily offers domain names for sale, focusing on premium, easily recognizable web addresses. The core product, FloType.com, is available for purchase at USD 4,595 or through a payment plan of USD 382.92 per month for 12 months. This service caters to a diverse clientele, including entrepreneurs and small businesses, helping them establish an online presence. Customers are primarily located in North America, Europe, and Asia, aiming to enhance their digital footprint and brand visibility.Flotype.com generates revenue through direct sales of domain names, offering payment plans for accessibility. Clients can choose to pay the full amount upfront or opt for monthly installments. The purchase process is straightforward, supported by a 30-day satisfaction guarantee, which aids customer confidence and retention in acquiring domain names that match their branding needs.Flotype Inc. plans to leverage its recent funding to expand its offerings and geographic reach. The company aims to introduce new products designed to simplify the domain acquisition process, targeting the North American and European markets for growth. The funding from the Seed round in January 2012, amounting to USD 1.4 mn, will be utilized to support these initiatives.

## Funding rounds

- Seed, Jan 5, 2012, $1.4M — Ignition Partners, Andreessen Horowitz, Salesforce, Inc., Y Combinator

## Investors

- Ignition Partners (https://capitalatlas.ai/funds/ignition-partners) — Seed
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed
- Salesforce, Inc. — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
