# Monetrics

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

- Industry: Software
- Headquarters: Beverly Hills, US
- Website: www.monetrics.com
- Total disclosed funding: $2.6M
- Latest round: Series B (Nov 4, 2002)
- Investors on record: 2

## About

Monetrics is a domain name acquisition company specializing in seamless direct purchases and lease-to-own options, catering to a diverse clientele seeking unique online identities.Founded in 1995 and headquartered in Beverly Hills, US, Monetrics focuses on domain name acquisition services. The company has pivoted in its operations to specialize solely in domain sales and leasing. It received Series B financing of USD 2.6 mn in November 2002 from BancBoston Capital - PEP and Egan Managed Capital, which has supported its growth strategy.Monetrics.com primarily offers domain name acquisition services, specializing in both direct purchase and lease-to-own options. Their core offerings include the sale of domain names, specifically the domain name monetrics.com, available for a purchase price of USD 1,000 or a monthly lease payment of USD 100. The company aims to simplify the process of domain acquisition for a diverse clientele, including individuals, startups, and established businesses seeking unique online identities. Customers benefit from features such as secure transactions, transaction support, and local currency options at checkout, making it a user-friendly experience for end users across various geographical markets, particularly in North America and Europe, where demand for online presence is significant. The focus on hassle-free transfers and safe transactions further enhances the appeal of their services to a broad customer base looking to establish or expand their digital footprint.Monetrics.com generates revenue primarily through the sale and leasing of domain names, with a straightforward transaction structure that caters to both business-to-business and direct-to-consumer models. The typical transaction involves a customer selecting a domain name from their offerings and choosing between a one-time payment or a monthly lease plan. For example, a customer interested in acquiring the domain monetrics.com can either pay the full price of USD 1,000 or opt for the lease-to-own model at USD 100 per month, facilitating accessibility for various clients. The company benefits from its pricing strategy, which includes added value through free transaction support and secure payment methods, ensuring customer satisfaction and fostering repeat business.As of now, Monetrics does not have publicly available information regarding upcoming products or geographic expansion plans. However, the recent Series B financing of USD 2.6 mn received in November 2002 will likely be utilized to enhance their current services and potentially explore new opportunities in the domain acquisition market.

## Funding rounds

- Series B, Nov 4, 2002, $2.6M — BancBoston Capital - PEP, Egan Managed Capital

## Investors

- BancBoston Capital - PEP (https://capitalatlas.ai/funds/bancboston-capital-pep) — Series B
- Egan Managed Capital (https://capitalatlas.ai/funds/egan-managed-capital) — Series B