# Mempile

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

- Industry: Hardware
- Headquarters: Or Yehuda, Israel
- Website: www.mempile.com
- Total disclosed funding: $22M
- Latest round: Series C (Nov 16, 2005)
- Investors on record: 7

## About

Mempile Inc. specializes in premium domain sales, offering Mempile.com as a valuable digital asset for businesses looking to enhance their online identity and accessibility.Mempile Inc. provides high-quality domain names, with its headquarters located in Or Yehuda, Israel. The company was established through a founding team with a vision to facilitate online presence for various users. Mempile Inc. raised USD 10.5 mn in a Series C funding round on November 16, 2005, with investments from firms such as Alta Berkeley and GlenRock Israel. The total amount raised to date is USD 10.5 mn.Mempile.com, a domain for sale through HugeDomains, primarily offers a premium domain name, specifically 'Mempile.com'. This core product serves as a digital address for businesses or individuals looking to establish or enhance their online presence. The domain can be utilized for various purposes, including e-commerce, personal branding, or informational websites, thereby catering to diverse end users such as entrepreneurs, small business owners, and digital marketers. The domain is positioned to attract a global clientele, with potential buyers from various geographical markets, including the United States, Europe, and Asia. By facilitating a direct connection between businesses and their target audiences, Mempile.com aims to solve the challenges of brand visibility and online accessibility.The revenue model for the sale of Mempile.com is structured around a direct-to-consumer transaction framework. Customers can purchase the domain outright for a set price of USD 4,595, or they can opt for a payment plan, allowing them to pay USD 191.46 monthly over a 24-month period. This flexible pricing structure is designed to attract a wider range of buyers, including those who may prefer a lower initial financial commitment. The transaction process is straightforward, as customers are guided through the purchasing steps on the HugeDomains platform. Upon successful transaction, customers receive access to the domain typically within one to two hours, enhancing the buying experience. The potential revenue from this domain sale is primarily derived from individual domain sales, supported by a customer satisfaction guarantee that encourages trust and repeat business.The recent funding will be utilized to enhance Mempile Inc.'s online marketing efforts and expand its reach into new markets. Currently, the company is targeting expansion into the European and Asian markets by the end of 2023 to capture a larger segment of potential buyers seeking premium domain names. Mempile Inc. is also exploring additional digital assets that complement its existing portfolio to further increase value for its customers.

## Funding rounds

- Series C, Nov 16, 2005, $11M — Alta Berkeley, Jerusalem Venture Partners, Israel Seed Partners, Millennium Materials Technologies, GlenRock Israel
- Series A, Mar 5, 2004, $12M — Alta Berkeley, Jerusalem Venture Partners, Kodiak Venture Partners, Portview Communications, Israel Seed Partners, Millennium Materials Technologies

## Investors

- Alta Berkeley (https://capitalatlas.ai/funds/alta-berkeley) — Series A, Series C
- Jerusalem Venture Partners (https://capitalatlas.ai/funds/jerusalem-venture-partners) — Series A, Series C
- Kodiak Venture Partners (https://capitalatlas.ai/funds/kodiak-venture-partners) — Series A
- Portview Communications (https://capitalatlas.ai/funds/portview-communications) — Series A
- Israel Seed Partners (https://capitalatlas.ai/funds/israel-seed-partners) — Series A, Series C
- Millennium Materials Technologies (https://capitalatlas.ai/funds/millennium-materials-technologies) — Series A, Series C
- GlenRock Israel (https://capitalatlas.ai/funds/glenrock-israel) — Series C
