# Hutoma

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

- Industry: Software
- Headquarters: Barcelona, Spain
- Website: www.hutoma.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Mar 8, 2017)
- Investors on record: 2

## About

Hutoma, Ltd. specializes in the acquisition and sale of premium domain names, providing businesses with essential digital assets to enhance their online presence and brand identity.Hutoma, Ltd. operates as a domain acquisition platform, founded in 2015 and headquartered in Barcelona, Spain. The company has engaged in 4 deals since its inception, with the most recent funding round occurring on March 28, 2018. In April 2018, Hutoma, Ltd. raised EUR 0.45 million from Athos Capital. It has no known subsidiaries or parent companies.Hutoma.com specializes in offering premium domain names, which serve as essential digital assets for businesses looking to establish or enhance their online presence. The company's core service revolves around facilitating the acquisition of established domain names that have significant market value and recognition. By providing a platform for potential buyers to submit offers on these domains, Hutoma.com aims to connect sellers of premium domains with businesses across various industries seeking to solidify their brand identity online. The primary end users include startups, established enterprises, and digital marketing agencies that require distinctive domain names to improve search visibility and brand recall. Hutoma.com operates in global markets, catering to companies predominantly in North America, Europe, and emerging markets in Asia.Hutoma.com reported a revenue of EUR 898,070.1 for the year 2018, with an EBITDA of EUR -186,761.3. The revenue model primarily involves transactions for the sale of premium domain names, where buyers submit offers through the platform, initiating negotiations with current domain owners. This structure allows for flexibility in pricing and terms, depending on domain value and buyer budgets. Hutoma.com also collaborates with digital marketing firms to enhance visibility and attract a broader client base, focusing on B2B transactions with businesses that require premium domains for their online strategies.Following the most recent funding round in April 2018, where Hutoma, Ltd. raised EUR 0.45 million, the company plans to utilize these funds to enhance its platform capabilities and expand its market reach. The strategy includes launching new features for domain acquisition and exploring potential partnerships to penetrate additional markets in North America and Europe by 2020. Hutoma.com also aims to address emerging markets in Asia, thereby broadening its customer base and solidifying its position in the domain acquisition industry.

## Funding rounds

- Seed, Mar 8, 2017, $0.3M — Inveready Asset Management, Startupbootcamp
- Seed, Nov 1, 2015, $0M — Startupbootcamp

## Investors

- Startupbootcamp (https://capitalatlas.ai/funds/startupbootcamp) — Seed
- Inveready Asset Management (https://capitalatlas.ai/funds/inveready-asset-management) — Seed