# Novarra

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

- Industry: Internet
- Headquarters: Itasca, US
- Website: www.novarra.com
- Total disclosed funding: $53M
- Latest round: Series E (Jul 5, 2007)
- Investors on record: 5

## About

Novarra is a domain name service provider specializing in the sale of premium web addresses, helping businesses enhance their online presence in the digital marketplace.Founded in 1999 and headquartered in Itasca, US, Novarra focuses on domain name sales, providing a premium domain for digital branding. The company was acquired by Nokia in March 2010. Alexandru Bordea, the founder, has a history in the tech industry, contributing to Novarra's innovative approach.Novarra.com offers a premium domain name for sale, serving businesses seeking distinctive web addresses for e-commerce, personal branding, and corporate identity. The purchasing process is designed to be straightforward, with flexible payment options, catering to a global clientele across North America, Europe, and Asia.The revenue model for Novarra.com is centered on direct sales of domain names, with the specific domain priced at USD 11,595 or an option for a monthly payment plan of USD 966.25 over 12 months. This approach emphasizes single purchases rather than subscriptions, with potential additional revenue from services like WhoIs Privacy Protection.With the most recent funding round of USD 33.00 mn in Series E led by JK&B Capital on March 26, 2010, Novarra aims to leverage this capital for further product development and market expansion. The company plans to enhance its portfolio of domain names and penetrate emerging markets in Asia by 2025, following its strategy to strengthen its presence in the global domain marketplace.

## Funding rounds

- Series E, Jul 5, 2007, $33M — Fort Washington Capital Partners, JK&B Capital, Kettle Partners, Colorado Public Employees' Retirement Association, Qualcomm Ventures
- Series C, Jul 26, 2001, $20M — Fort Washington Capital Partners, JK&B Capital, Kettle Partners, Colorado Public Employees' Retirement Association

## Investors

- Fort Washington Capital Partners (https://capitalatlas.ai/funds/fort-washington-capital-partners) — Series C, Series E
- JK&B Capital (https://capitalatlas.ai/funds/jk-b-capital) — Series C, Series E
- Kettle Partners (https://capitalatlas.ai/funds/kettle-partners) — Series C, Series E
- Colorado Public Employees' Retirement Association — Series C, Series E
- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series E