# MConcierge Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mconcierge-systems

- Industry: Software
- Headquarters: Montreal, Canada
- Website: www.mconcierge.com
- Total disclosed funding: $2.7M
- Latest round: Series A (Feb 18, 2014)
- Investors on record: 3

## About

MConcierge Systems specializes in premium concierge service solutions, focusing on enhancing brand visibility through its unique domain offerings in the concierge services market.Founded in 2008 in Montreal, Canada, MConcierge Systems operates in the concierge services domain. The company has not undergone any notable pivots or operational changes. It was established by individuals who have not been specified in available records. The firm has successfully completed 2 deals, with the latest being a Series A funding round in February 2014 where it raised CAD 3.000 mn from investors including Plaza Ventures, Real Ventures, and Structure Capital, resulting in a total amount raised of CAD 3.000 mn.MConcierge.com specializes in providing top-tier concierge service solutions, effectively positioning itself as a premium domain for companies in the concierge industry. The primary offering is the domain name MConcierge.com, aimed at businesses seeking to enhance their online presence and brand recognition in the competitive concierge services market. This domain caters to a wide range of end users, including luxury service providers, event planners, and personal concierge services. It facilitates brand elevation by providing a memorable and easily pronounceable web address that appeals to both individual clients and corporate customers. MConcierge.com targets geographical markets such as North America, Europe, and Asia, where demand for concierge services is significant due to a growing affluent consumer base.MConcierge.com operates on a direct-to-consumer revenue model, generating income primarily through the sale of its premium domain name priced at CAD 3,999. There is an option for a payment plan that includes an initial payment of CAD 395.90 followed by monthly installments of CAD 174 over a period of 23 months. This structured transaction model accommodates various customer financial capabilities. The transaction process involves the use of PDTransfer, ensuring secure payment and domain transfer between the seller and the buyer. Customers benefit from additional services, such as a complimentary logo with the purchase, contributing to an appealing value proposition. The firm's revenue is derived from customers seeking to establish a strong online identity and credibility within the concierge service marketplace.In February 2014, MConcierge Systems raised CAD 3.000 mn in Series A funding, which will be strategically utilized to enhance its product offerings and expand its market presence. The company plans to launch additional features related to its domain services in the coming years, although exact release dates are not specified. Furthermore, MConcierge Systems is targeting expansion into emerging markets in Asia and Europe by 2025, aiming to capitalize on the increasing demand for concierge services driven by affluent consumers.

## Funding rounds

- Series A, Feb 18, 2014, $2.7M — Real Ventures, Plaza Ventures, Structure Capital

## Investors

- Real Ventures — Series A
- Plaza Ventures (https://capitalatlas.ai/funds/plaza-ventures) — Series A
- Structure Capital (https://capitalatlas.ai/funds/structure-capital) — Series A