# GONG

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

- Industry: Media
- Headquarters: New York, US
- Website: http://www.gongsters.com
- Total disclosed funding: $3M
- Latest round: Seed (Nov 23, 2016)
- Investors on record: 4

## About

GONG, Inc. is a domain sales platform that specializes in offering premium domain names, facilitating online branding for businesses and individuals worldwide.Founded in 2014 by Amit Bendov, GONG, Inc. is based in New York, US. The company operates as a standalone entity and has successfully secured USD 3.00 mn in a Seed funding round on November 23, 2016, with investors including Bloomberg Beta, Boldstart Ventures, Mangrove Capital Partners, and Sequoia Capital. The total amount raised by GONG, Inc. stands at USD 3.00 mn.GONG, Inc. operates primarily as a domain sales platform that provides a variety of premium domain names for potential buyers. The core offerings include the sale of essential online identifiers for businesses and individuals aiming to establish an online presence. The service features a user-friendly interface that allows customers to either buy domains outright or utilize flexible payment plans to fit their budgets. GONG, Inc. caters to a diverse clientele across North America, Europe, and Asia, facilitating the acquisition of domain names aligned with their branding strategies.GONG, Inc.'s revenue model is primarily based on direct sales of domain names, with customers having the option to engage in interest-free monthly payment plans. Typical transactions include upfront purchases or installment agreements, allowing buyers to pay over terms such as 24 months. A flagship offering features premium domains priced at USD 4,895, with a payment plan option of approximately USD 203.96 monthly. The company generates revenue through these sales and enhances customer trust with a 30-day money-back guarantee.Looking ahead, GONG, Inc. intends to explore new product launches that will enhance its domain sales offerings, although specific details on upcoming products have not been disclosed. The company aims to expand its reach into additional international markets beyond its current operations in North America, Europe, and Asia by leveraging insights gained from recent funding. The recent Seed financing of USD 3.00 mn will support these initiatives, aiding in the enhancement of its platform and marketing efforts to attract a broader customer base.

## Funding rounds

- Seed, Nov 23, 2016, $3M — Hong Shan, Mangrove Capital Partners, Boldstart Ventures, Bloomberg Beta

## Investors

- Hong Shan — Seed
- Mangrove Capital Partners (https://capitalatlas.ai/funds/mangrove-capital-partners) — Seed
- Boldstart Ventures (https://capitalatlas.ai/funds/boldstart-ventures) — Seed
- Bloomberg Beta (https://capitalatlas.ai/funds/bloomberg-beta) — Seed