# Magency Digital

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/magency-digital

- Industry: Software
- Headquarters: New York, US
- Website: magencydigital.com
- Total disclosed funding: $3.2M
- Latest round: Series A (Apr 10, 2015)
- Investors on record: 2

## About

Magency Digital specializes in domain registration services, providing individuals and businesses with unique web addresses to enhance their online identity.Founded in 2011 in New York, US, Magency Digital focuses on facilitating domain registration solutions. The company raised EUR 3 million in a Series A round in April 2015, with investors including Alliance Entreprendre and Sigma Gestion. CEO Marius Kernagis leads the firm, which has not undergone notable pivots or changes in its core operations since its inception.MagencyDigital.com primarily offers domain registration services, facilitating individuals and businesses in acquiring unique web addresses. Their core product is the sale of premium domain names, specifically MagenCyDigital.com, priced at EUR 3,295 or available through a monthly payment plan. This service aims to solve the problem of domain availability in a saturated online market, catering to entrepreneurs, startups, and established companies seeking a memorable and relevant web presence. The targeted geographical markets for their services include North America, Europe, and parts of Asia, where demand for digital real estate continues to grow.Revenue for MagencyDigital.com is generated primarily through the sale of domain names, with transactions structured as direct-to-consumer sales. Customers can either make a one-time payment or opt for a payment plan, which allows them to pay EUR 137.29 per month over 24 months for the domain. This pricing structure supports various client needs, from one-off entrepreneurs to businesses looking to invest in their online identity over time. The company emphasizes a hassle-free purchasing experience, ensuring swift access to domain ownership post-transaction. Additionally, their revenue model may include ancillary services such as WhoIs Privacy Protection, providing an extra layer of anonymity for domain owners.Magency Digital plans to leverage the recent EUR 3 million funding raised in April 2015 to enhance their product offerings and expand their market reach. Future products currently under design include advanced domain management services aimed at optimizing online assets for their clients. The company also aims to enter new markets in Asia and South America by 2025, addressing the increasing demand for digital real estate in these regions. This strategic expansion aligns with the recent funding, which will support product development and market entry strategies.

## Funding rounds

- Series A, Apr 10, 2015, $3.2M — Trail Capital, Alliance Entreprendre

## Investors

- Trail Capital (https://capitalatlas.ai/funds/trail-capital) — Series A
- Alliance Entreprendre (https://capitalatlas.ai/funds/alliance-entreprendre) — Series A