# MagnaMedics

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

- Industry: Medical Devices & Equipment
- Headquarters: Aachen, Germany
- Website: www.magnamedics.com
- Latest round: Series B (Jan 30, 2011)
- Investors on record: 5

## About

MagnaMedics GmbH specializes in offering the premium domain name MagnaMedics.com, a valuable digital asset designed to enhance online visibility for businesses targeting the medical and healthcare sectors.Founded in 2003 and headquartered in Aachen, Germany, MagnaMedics GmbH focuses on domain acquisition for businesses. In June 2014, Chemelot Ventures divested its stake to other shareholders, marking a shift in ownership. The company has completed a total of 3 deals.MagnaMedics.com offers a premium domain name available for acquisition, serving as a crucial digital asset for businesses looking to establish a strong online presence within the medical and healthcare sectors. The domain supports various applications, including website development, online branding, and e-commerce for medical services. It is targeted toward entrepreneurs, startups, and established businesses striving to enhance their market reach in the healthcare industry.The revenue model for MagnaMedics.com revolves around the sale of the domain name, priced at USD 7,195, with an option for a payment plan of USD 599.58 per month over 12 months. This direct-to-consumer transaction model facilitates straightforward purchases through secure platforms, focusing on accessibility for diverse customers.Going forward, MagnaMedics GmbH aims to expand its market presence by marketing the domain to a broader range of industries and launching initiatives aimed at increasing brand awareness by specific targeted campaigns. Following the most recent deal in June 2014, the company plans to utilize sales revenue to enhance its marketing efforts, seeking to penetrate new geographic regions including North America and Asia within the next two years.

## Funding rounds

- Series B, Jan 30, 2011 — Brightlands Venture Partners, BioScience Ventures Group, S-UBG Gruppe, VPlus Management, Industriebank LIOF

## Investors

- Brightlands Venture Partners (https://capitalatlas.ai/funds/brightlands-venture-partners) — Series B
- BioScience Ventures Group (https://capitalatlas.ai/funds/bioscience-ventures-group) — Series B
- S-UBG Gruppe (https://capitalatlas.ai/funds/s-ubg-gruppe) — Series B
- VPlus Management (https://capitalatlas.ai/funds/vplus-management) — Series B
- Industriebank LIOF (https://capitalatlas.ai/funds/industriebank-liof) — Series B