# Gummii

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

- Industry: Education/Training
- Headquarters: Calgary, Canada
- Website: www.gummii.com
- Total disclosed funding: $1.2M
- Latest round: Angel (Dec 18, 2013)
- Investors on record: 1

## About

Gummii Inc. is a Calgary-based company specializing in premium domain name sales, offering a user-friendly platform for secure domain transactions to a diverse clientele.Founded in 2012 in Calgary, Canada, Gummii Inc. provides a platform for domain name sales. The company has engaged in two notable funding rounds, with the latest being an Angel round on December 18, 2013, where they raised CAD 1.3 million led by AVAC. There is no mention of subsidiaries or any significant business pivots.Gummii.com specializes in the sale of domain names, focusing on premium listings. Their platform allows users to purchase and transfer domain names efficiently, serving markets across North America, Europe, and Asia. The company provides 24/7 customer support to enhance user experience.Gummii.com generates revenue through domain name sales and transaction fees, operating a direct-to-consumer model. Customers pay a one-time fee for domain acquisition, alongside potential fees for transfers and renewals. Premium listings are also available, with prices varying based on domain desirability.With the CAD 1.3 million raised from the Angel funding in December 2013, Gummii Inc. plans to develop new products aimed at enhancing their domain services. The company is targeting expansion into the European market by 2025, leveraging the funding to support this growth initiative.

## Funding rounds

- Angel, Dec 18, 2013, $1.2M — Verdex Capital

## Investors

- Verdex Capital (https://capitalatlas.ai/funds/verdex-capital) — Angel