# LOC&ALL

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/loc-all

- Industry: Software
- Headquarters: Seongnam, South Korea
- Website: www.locnall.com
- Total disclosed funding: $3.7M
- Latest round: Series B (Oct 2, 2013)
- Investors on record: 3

## About

LOC&ALL, based in Seongnam, South Korea, specializes in domain registration services, providing a platform for acquiring premium domain names essential for online branding and presence.Founded in 2010, LOC&ALL operates within the domain marketplace, catering to the needs of businesses and individuals for unique web addresses. On May 19, 2015, Kakao Corp. fully acquired LOC&ALL for KRW 62.6 billion to enhance its O2O (Online to Offline) business. The CEO is Won Kim.Locnall.com primarily offers domain registration services, specializing in the sale of premium domain names. The company enables individuals and businesses to acquire unique web addresses that are essential for establishing an online presence. Customers can purchase domain names outright or opt for payment plans, with services targeted at entrepreneurs, small businesses, and individuals looking to enhance their brand identity. The company serves a global market, providing access to a diverse clientele seeking memorable domain names to support their digital strategies.Revenue for Locnall.com is generated through the sale of domain names, with customers able to purchase at a fixed price or through structured payment plans. For instance, a domain can be acquired for a one-time payment of USD 595 or via a payment plan of USD 49.58 per month over 12 months. The business model operates on a direct-to-consumer basis, allowing individual purchases without intermediaries. The company also offers a satisfaction guarantee, enhancing customer confidence and potentially increasing retention and repeat sales. Premium pricing for sought-after domains and flexible payment options contribute to the overall revenue generation model.Following its acquisition by Kakao Corp. in May 2015, LOC&ALL intends to leverage funding to expand its offerings and enhance its O2O business model. Future strategies involve the development of new products designed to integrate transportation services, including navigation and real-time traffic data. The acquisition aims to support further market penetration and service diversification. Specific geographic regions targeted for expansion have not been detailed, but the focus remains on enhancing service delivery in conjunction to Kakao's broader market strategies.

## Funding rounds

- Series B, Oct 2, 2013, $2.7M — Shinhan Venture Investment, CyberAgent Capital, Partners Investment
- Seed, Jan 1, 2013, $0.9M — Partners Investment

## Investors

- Partners Investment (https://capitalatlas.ai/funds/partners-investment) — Seed, Series B
- Shinhan Venture Investment (https://capitalatlas.ai/funds/shinhan-venture-investment) — Series B
- CyberAgent Capital (https://capitalatlas.ai/funds/cyberagent-capital) — Series B
