# NearGroup Chatbot

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/neargroup-chatbot

- Industry: Software
- Headquarters: New Delhi, India
- Website: www.neargroup.me
- Total disclosed funding: $1.6M
- Latest round: Seed (Oct 5, 2017)
- Investors on record: 3

## About

NearGroup Chatbot is a digital platform specializing in domain parking services, enabling domain owners to monetize their unused domains through advertisement placements, thereby fostering connections between advertisers and potential buyers.Founded in 2015, NearGroup Chatbot operates from New Delhi, India, providing a domain parking service that allows users to generate income from their unused domain assets. The company received USD 1.6 mn in Seed funding in October 2017, led by OpenOcean with participation from Boost VC and NeoTribe Ventures. The company's sole investment deal was completed in 2017, highlighting its focus on enhancing its service offerings and market presence. The founder's history is not publicly detailed, limiting insight into previous entrepreneurial ventures.NearGroup Chatbot offers a domain parking service that enables domain owners to generate income by displaying advertisements on their parked domains. This service connects users with various third-party advertisers to provide relevant ads, thereby creating a revenue stream for domain owners. It primarily serves individual domain investors and businesses looking to optimize their online presence, with a strong focus on North America and Europe where domain investment is prevalent.For the most recent year, 2021, NearGroup Chatbot reported a revenue of USD 99,204.60 and an EBITDA of USD 5,659.30, reflecting its operational performance within the domain parking market.Following the October 2017 Seed funding round, NearGroup Chatbot aims to enhance its platform by developing new features related to domain management and advertisement strategies. The company plans to expand its services into emerging markets in Asia by the end of 2023, leveraging its recent funding to support these development initiatives and establish a stronger foothold within the competitive online advertising landscape.

## Funding rounds

- Seed, Oct 5, 2017, $1.6M — OpenOcean, Boost VC, NeoTribe Ventures

## Investors

- OpenOcean (https://capitalatlas.ai/funds/openocean) — Seed
- Boost VC (https://capitalatlas.ai/funds/boost-vc) — Seed
- NeoTribe Ventures (https://capitalatlas.ai/funds/neotribe-ventures) — Seed