Magmode

RetailSeries CBeijing, Chinamagmode.com

Latest round

Series C

Last raised

Aug 2018

Total raised

$62M

Investors

5

About Magmode

Founded in 2015, Magmode operates in Beijing, China, specializing in the acquisition of premium domain names. The company has closed six deals to date, with the most recent deal occurring on August 10, 2018.com. The company plays a significant role in the digital asset marketplace, facilitating domain acquisitions for startups, established businesses, and entrepreneurs.com listed at a price of USD 4,950. Transactions are conducted directly on their online platform, allowing buyers to negotiate and use flexible payment options. The company aims to introduce new premium domain listings by late 2023 and target markets in Asia and South America for expansion by 2024. These initiatives reflect Magmode's strategic vision for growth in the competitive digital asset marketplace.

Who invested in Magmode

5 investors across 4 rounds

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Funding rounds

  1. Series C

    Aug 10, 2018

    Amount

    $30M

    Investors

    Locked

  2. Series B

    Jun 30, 2017

    Amount

    $15M

    Investors

    Locked

  3. Series B

    May 5, 2017

    Amount

    $7.3M

    Investors

    Locked

  4. Series A

    Nov 19, 2016

    Amount

    $10M

    Investors

    Locked

Questions about Magmode

Who invested in Magmode?

Magmode has 5 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Magmode raised?

Magmode has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Magmode last raise money?

Magmode's most recent round on record is a Series C, in Aug 2018.

What does Magmode do?

Founded in 2015, Magmode operates in Beijing, China, specializing in the acquisition of premium domain names.

Where is Magmode headquartered?

Magmode is headquartered in Beijing, China.

Which VCs invest in companies like Magmode?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back retail companies at Magmode's stage. Their profiles are linked below.

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