# Jut

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.jut.io
- Total disclosed funding: $20M
- Latest round: Series B (Nov 7, 2013)
- Investors on record: 3

## About

Jut is a domain name leasing and sales platform that facilitates the acquisition of digital assets for individuals and businesses, providing flexible financial options for establishing an online presence.Jut specializes in the sale and leasing of domain names, offering a clear pathway for users to secure essential digital assets. Founded in San Francisco, US, the company has not undergone any significant pivots or changes in strategy. Jut has successfully raised USD 20.00 mn in a SERIES B funding round, led by Accel Partners, with participation from Lightspeed Venture Partners and Wing Venture Partners. The company currently has a valuation of USD 80.91 mn.Jut.io specializes in the sale and leasing of domain names, presenting a straightforward platform for individuals and businesses seeking to acquire digital assets. The company's primary offerings include the option to purchase domain names outright, such as the domain jut.io priced at USD 9,988, or to engage in a lease-to-own arrangement with monthly payments, exemplified by a plan of USD 217 per month. This service addresses the needs of startups, entrepreneurs, and established businesses looking to secure an online presence through memorable and relevant domain names. The company targets a global market, providing its products to clients across various industries, including technology, e-commerce, and creative sectors, thereby ensuring accessibility to a diverse clientele interested in enhancing their digital footprint.The revenue model for Jut is primarily based on direct sales and lease agreements for domain names. Customers can choose between a one-time payment or a subscription-like lease-to-own option, allowing for flexibility in financial commitment. In a standard transaction, a client would either complete a purchase at the listed price or initiate a lease agreement, which allows for gradual ownership of the domain. Additionally, the company supports secure payments and offers transaction assistance, contributing to customer satisfaction and potentially fostering repeat business. The pricing structure primarily revolves around individual domain purchases and lease agreements, ensuring clarity in costs associated with acquiring digital assets.In November 2013, Accel Partners led a USD 20 mn SERIES B round financing of Jut, with funding aimed at enhancing product offerings and expanding market reach. The company is focused on developing new products that cater to the evolving needs of its clientele, with plans to launch these offerings in the upcoming year. Jut also aims to expand into new geographic regions, targeting markets in Europe and Asia by 2025, taking advantage of the growing demand for digital assets in these areas. The recent funding will support these initiatives, enabling Jut to strengthen its infrastructure and marketing efforts.

## Funding rounds

- Series B, Nov 7, 2013, $20M — Accel, Lightspeed Venture Partners, Wing

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Series B
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series B
- Wing (https://capitalatlas.ai/funds/wing) — Series B