# NIDA Rooms

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nida-rooms

- Industry: Internet
- Headquarters: Jakarta, Indonesia
- Website: www.nidarooms.com
- Total disclosed funding: $11M
- Latest round: Series A (Nov 24, 2016)
- Investors on record: 5

## About

NIDA Rooms Limited operates an online platform facilitating the purchase of domain names, primarily targeting the hospitality sector. The company provides essential digital solutions for businesses seeking to enhance their online presence.Founded in 2015 in Jakarta, Indonesia, NIDA Rooms Limited specializes in domain name registration and sales. The company has successfully completed 3 deals, with the most recent being on November 24, 2016. In this Series A financing round, NIDA Rooms raised USD 5.6 million, led by Shanda Capital, marking a strategic investment in their growth. NIDA Rooms does not have known subsidiaries or previous significant business pivots.NidaRooms.com is a domain name for sale, offered at a price of USD 7,595 or available via a payment plan of USD 316.46 per month for 24 months, with 0% interest. This domain specifically targets entrepreneurs and businesses in the hospitality sector, supporting the establishment of professional websites for hotels and other lodging services. The primary market for this offering includes customers in North America, Europe, and Asia.NidaRooms.com generates revenue through the sale of its domain name, with customers having the option to purchase outright or through installment plans. This straightforward pricing structure appeals to a diverse clientele, from individual entrepreneurs to established businesses. The transaction process ensures immediate availability of the domain post-purchase, backed by a 30-day satisfaction guarantee provided by HugeDomains, enhancing customer assurance.Following the recent Series A funding of USD 5.6 million on November 24, 2016, NIDA Rooms Limited plans to improve its service offerings and expand into new markets. Specific strategies include the launch of additional domain names tailored to the hospitality sector, though exact release dates have not been disclosed. The funding will support these initiatives and facilitate geographic expansion into emerging markets in Asia and Europe, enhancing their position in the digital real estate landscape.

## Funding rounds

- Series A, Nov 24, 2016, $5.6M — Shanda Capital
- Seed, Apr 28, 2016, $4.2M — CyberAgent Capital, Convergence Ventures
- Seed, Nov 1, 2015, $1.3M — True, East Pacific Capital

## Investors

- True (https://capitalatlas.ai/funds/true) — Seed
- East Pacific Capital — Seed
- CyberAgent Capital (https://capitalatlas.ai/funds/cyberagent-capital) — Seed
- Convergence Ventures — Seed
- Shanda Capital — Series A