# Hymite

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

- Industry: Semiconductors
- Headquarters: Singapore, Singapore
- Website: www.hymite.com
- Total disclosed funding: $24M
- Latest round: Series B (Jan 11, 2007)
- Investors on record: 7

## About

Hymite offers a specialized platform for buying and leasing domain names, catering to a diverse clientele across North America and Europe, emphasizing security and ease of use in online transactions.Founded in 1999 and headquartered in Singapore, Hymite specializes in the acquisition and leasing of domain names. The company has undergone strategic pivots to enhance its offerings and user experience. In January 2007, Hymite raised USD 11.5 million in a Series B funding round from DKA Capital, IVS A/S, InnovationsKapital, and TVM Capital. The firm has completed a total of four deals to date.Hymite.com specializes in the sale of domain names, offering a streamlined platform for individuals and businesses seeking to acquire or lease web domains. The company’s core offering includes a diverse range of premium domain names, which serve various industries and purposes—from personal branding to corporate identity. The platform emphasizes security and ease of use, ensuring that transactions are safe and straightforward for customers. Hymite.com caters to a broad client base, including entrepreneurs, startups, and established enterprises, who require a reliable online presence. The company operates primarily in North America and Europe, targeting markets with a high demand for digital real estate and online branding solutions.Hymite.com generates revenue through the direct sale of domain names, with specific pricing structures placing individual domain values at significant price points; for instance, certain domains are listed at USD 3,595. The company facilitates transactions primarily through secure online payments, ensuring a seamless purchasing experience for customers. Clients purchasing domains engage in straightforward one-time transactions, where they receive immediate ownership of the domain following payment completion. Revenue is also supported by transaction fees associated with the transfer process, adding value to their services. This direct-to-consumer model allows Hymite.com to maintain profitability while catering to a diverse clientele in the digital marketplace.In January 2007, Hymite raised USD 11.5 million in Series B funding, which will be utilized to enhance its platform and expand its domain name offerings. The company plans to introduce new premium domain products tailored to emerging market trends. Additionally, Hymite aims to expand its operations into Asia and South America by late 2008, positioning itself to capture new clients in these growing digital markets.

## Funding rounds

- Series B, Jan 11, 2007, $12M — InnovationsKapital, TVM Capital Life Science, DKA Capital, IVS A/S
- Series B, Mar 9, 2004, $12M — InnovationsKapital, TVM Capital Life Science, DKA Capital, Vaekstfonden, Olicom A/S, Vertex Holdings
- Series A, Jul 24, 2001 — DKA Capital, Vaekstfonden, Olicom A/S, Vertex Holdings

## Investors

- DKA Capital (https://capitalatlas.ai/funds/dka-capital) — Series A, Series B
- Vaekstfonden (https://capitalatlas.ai/funds/vaekstfonden) — Series A, Series B
- Olicom A/S — Series A, Series B
- Vertex Holdings (https://capitalatlas.ai/funds/vertex-holdings) — Series A, Series B
- InnovationsKapital (https://capitalatlas.ai/funds/innovationskapital) — Series B
- TVM Capital Life Science (https://capitalatlas.ai/funds/tvm-capital-life-science) — Series B
- IVS A/S (https://capitalatlas.ai/funds/ivs-a-s) — Series B