# Iterate Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/iterate-labs-2

- Industry: Software
- Headquarters: Ithaca, US
- Website: www.iteratelabs.co
- Total disclosed funding: $2.6M
- Latest round: Seed (Jan 25, 2021)
- Investors on record: 3

## About

Based in the US, Iterate Labs Inc. operates as a domain name sales and leasing company, focusing on facilitating the acquisition process for clients seeking online presence.Founded in 2016 in Ithaca, US, Iterate Labs Inc. specializes in the sale and leasing of domain names. The company has engaged in 3 deals, with its most recent funding round occurring on January 25, 2021, raising USD 2.63 mn in Seed funding led by Monozukuri Ventures and including investors such as Entrepreneurs Roundtable Accelerator and Tyson New Ventures. Jason Guss serves as both the CEO and founder of the company, which has no known subsidiaries.Iterate Labs Inc. specializes in the sale and leasing of domain names, particularly focusing on the domain IterateLabs.co. The domain can be purchased for a direct price of USD 1,300 or leased via a Lease to Own option at USD 110 per month. This model serves entrepreneurs, small businesses, and organizations aiming to establish an online presence, ensuring secure and streamlined domain transfer processes. Clients can manage payments in local currencies, making services accessible across North America, Europe, and parts of Asia.Iterate Labs Inc. generates revenue primarily through the sale and leasing of domain names, allowing customers to buy outright or choose a Lease to Own plan. Monthly payments from leasing contribute to a recurring revenue stream, while initial purchases provide additional cash flow. The domain IterateLabs.co, central to their offerings, is key to their revenue generation strategy.In January 2021, Iterate Labs Inc. raised USD 2.63 mn in Seed funding, which will be utilized to enhance the company's technology and expand its value proposition to more workforces. The company is focusing on launching new products aimed at simplifying domain acquisition processes. Additionally, Iterate Labs is targeting expansion into new geographical markets, including select regions in Asia, by 2023.

## Funding rounds

- Seed, Jan 25, 2021, $2.6M — Entrepreneurs Roundtable Accelerator, Tyson New Ventures, Monozukuri Ventures

## Investors

- Entrepreneurs Roundtable Accelerator (https://capitalatlas.ai/funds/entrepreneurs-roundtable-accelerator) — Seed
- Tyson New Ventures (https://capitalatlas.ai/funds/tyson-new-ventures) — Seed
- Monozukuri Ventures (https://capitalatlas.ai/funds/monozukuri-ventures) — Seed