# Lyncean Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lyncean-technologies

- Industry: Medical Devices & Equipment
- Headquarters: Fremont, US
- Website: www.lynceantech.com
- Total disclosed funding: $14M
- Latest round: Series B (May 8, 2018)
- Investors on record: 5

## About

Lyncean Technologies, Inc. specializes in digital solutions for domain acquisition, focusing on seamless buying and selling processes for domain names, catering to diverse clients to enhance their online presence.Lyncean Technologies, Inc. was founded in 2002 and is headquartered in Fremont, US. The company provides a digital platform for domain acquisition. In May 2018, Lyncean raised USD 13.75 mn in Series B funding led by Intel Capital, with contributions from Anchor Fund, EuroUS Ventures, and Quintus Vermoegensverwaltung GmbH. The company has completed a total of 8 deals since its inception. Rod Loewen is the founder, while the current CEO is Michael Feser, with Sean De La Pena also in leadership roles.Lyncean Technologies, Inc. specializes in providing a digital platform for domain acquisition, focusing on facilitating the sale and transfer of domain names. The company's core service involves listing domains for sale, emphasizing a seamless transaction experience for buyers. By partnering with spaceship.com, Lyncean ensures a structured purchasing process for potential buyers, allowing them to submit offers and negotiate purchases easily. The platform addresses challenges in domain acquisition by offering buyer protection programs and flexible payment methods, targeting businesses and individuals across North America, Europe, and parts of Asia.The revenue model of Lyncean Technologies, Inc. is based on transactions in the buying and selling of domain names. Clients engage with the platform to purchase various domain offerings, utilizing structured payment plans that facilitate smooth transactions. The company implements a commission-based system where a percentage of each sale is retained as revenue. Pricing for individual domains varies significantly based on market value and demand, reflecting the strategic importance of the domain. Lyncean's offerings may include premium domains, resulting in higher prices due to their market significance, with a focus on direct-to-consumer transactions to enhance customer satisfaction.Following the Series B funding round in May 2018, which raised USD 13.75 mn, Lyncean Technologies, Inc. aims to develop new products and enhance its platform functionalities to improve user experience. The company is also planning to expand into new geographic markets, targeting regions in Asia by 2025. The recent funding will support these initiatives, enabling advancements in technology and a broader market reach.

## Funding rounds

- Series B, May 8, 2018, $14M — Intel Capital, EuroUS Ventures, Quintus Vermoegensverwaltung GmbH, Anchor Fund
- Series A, Dec 9, 2016, $0.7M — EuroUS Ventures, Privilege Management SA

## Investors

- EuroUS Ventures — Series A, Series B
- Privilege Management SA (https://capitalatlas.ai/funds/privilege-management-sa) — Series A
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series B
- Quintus Vermoegensverwaltung GmbH — Series B
- Anchor Fund — Series B