# FreeATM

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

- Industry: Financial Services
- Headquarters: Brooklyn, US
- Website: www.freeatm.com
- Total disclosed funding: $0.1M
- Latest round: Seed (May 7, 2013)
- Investors on record: 1

## About

FreeATM offers specialized domain appraisal services, helping clients determine fair market prices for their domain names through a streamlined process that emphasizes accuracy and speed.FreeATM operates in the domain appraisal sector, focusing on providing clients with accurate valuations for their domain names. Founded in Brooklyn, US, the company has not undergone significant pivots in its business strategy. The specific founder's history or prior companies is not detailed. In May 2014, FreeATM raised USD 0.74 mn in funding, which is the total amount raised to date, targeting investment in its core operations. The company has completed two deals in total.FreeATM.com specializes in providing domain appraisal services, enabling clients to obtain a fair market price for their domain names. Their core offering includes a streamlined process where clients fill out a form to receive a professional appraisal, typically within 24 business hours. This service is particularly beneficial for businesses and individual domain owners looking to buy, sell, or invest in domain names. The company caters to a diverse clientele that includes small to medium-sized enterprises, entrepreneurs, and investors across various industries, all seeking to optimize their online presence through strategic domain acquisition or disposition. FreeATM.com serves markets across North America and internationally, reflecting a growing demand for domain valuation services globally.FreeATM.com generates revenue through its domain appraisal services, focusing primarily on direct B2C relationships. Clients engage in individual transactions where they submit their domain for valuation and receive a quote based on the appraisal results. The pricing structure is designed to cater to a variety of clients, ensuring accessibility for both individual domain owners and larger business entities. The company's business model emphasizes timely and accurate appraisals, reinforcing its value proposition in the domain evaluation market.FreeATM plans to leverage its recent funding of USD 0.74 mn raised in May 2014 to enhance its service offerings and expand its market reach. The company is currently designing new products aimed at improving the appraisal process and enhancing user experience, with expected launches in the upcoming quarters. Additionally, FreeATM is targeting expansion into European and Asian markets by 2025, aiming to capture a larger share of the global domain appraisal market.

## Funding rounds

- Seed, May 7, 2013, $0.1M — Kima Ventures

## Investors

- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Seed