# Green Momit

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/green-momit

- Industry: Power & Utilities
- Headquarters: Madrid, Spain
- Website: www.momit.com
- Total disclosed funding: $1.7M
- Latest round: Series B (Jul 25, 2014)
- Investors on record: 5

## About

Green Momit specializes in domain name acquisition services, offering both sale and leasing options for its prime digital asset, momit.com, catering to entrepreneurs and businesses looking to enhance their online presence.Founded in 2011 and headquartered in Madrid, Spain, Green Momit focuses on domain name acquisition services. The company has completed 6 deals with its most recent funding round being a Grant of EUR 0.43 million from Wayra on May 1, 2015. The total amount raised by the company is EUR 1.00 million.Momit.com primarily offers domain name acquisition services, specializing in the sale and leasing of domain names. The company's core product is the domain name momit.com, available for direct purchase at a price of EUR 20,000 or through a lease-to-own option priced at EUR 1,667 per month. This flexibility caters to a broad spectrum of clients, including entrepreneurs, small businesses, and corporations seeking to establish or enhance their online presence. The service streamlines the domain acquisition process, ensuring secure transactions and providing support throughout the transfer, operating primarily in North America and Europe.In the most recent year reported, 2016, Green Momit generated revenue of EUR 1,690,579.30. The company adopts a transactional revenue model through the sale and leasing of its domain names, allowing customers to either pay EUR 20,000 for outright ownership or engage in a lease-to-own arrangement. This dual pricing structure facilitates access to valuable digital assets for a diverse clientele, and transaction support is provided to ensure smooth navigation through the acquisition process.Following the EUR 0.43 million Grant funding from Wayra in May 2015, Green Momit aims to enhance its offerings by developing new domain acquisition products, although specific details and release dates have not been disclosed. The company plans to expand into new geographic markets, specifically targeting clients in Asia and Australia by the end of 2024, leveraging its recent funding to support these initiatives.

## Funding rounds

- Series B, Jul 25, 2014, $1.4M — Caixa Capital Risc, Faraday Venture Partners, PADEInvest, Lanzame
- Seed, Dec 1, 2013, $0.3M — Wayra, Faraday Venture Partners

## Investors

- Wayra (https://capitalatlas.ai/funds/wayra) — Seed
- Faraday Venture Partners (https://capitalatlas.ai/funds/faraday-venture-partners) — Seed, Series B
- Caixa Capital Risc — Series B
- PADEInvest — Series B
- Lanzame (https://capitalatlas.ai/funds/lanzame) — Series B