# Novitaz

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

- Industry: Software
- Headquarters: Santa Clara, US
- Website: www.novitaz.com
- Latest round: Series A (Mar 31, 2004)
- Investors on record: 1

## About

Novitaz is a company that specializes in the sale and lease of domain names, providing a user-friendly platform for businesses and individuals seeking to establish their online identities through domain acquisition.Novitaz operates in the domain name industry, offering services related to domain sales and leasing. The company is headquartered in Santa Clara, US. Currently, it is led by CEO Suni Munshani. In March 2010, Novitaz raised USD 1.38 mn from a group of investors, which marked its latest funding round. The company has completed a total of 2 deals to date.Novitaz.com specializes in the sale and lease of domain names, offering a straightforward platform for customers seeking to acquire online identities. The company provides two primary purchasing options: a full payment of USD 9,995 or a lease-to-own plan priced at USD 480 per month. This service is designed to simplify the process of domain acquisition, catering to startups, small businesses, and established companies looking to enhance their online presence. Novitaz.com operates in various geographical markets, making their domain offerings accessible to clients globally, ensuring a seamless transaction process that emphasizes security and customer support.Revenue generation for Novitaz.com is driven primarily through domain sales and leasing agreements. Clients can engage in transactions via direct purchases or subscription-based leasing plans, with the core offering centered around the flagship domain novitaz.com. The financial structure accommodates both B2B and B2C interactions, allowing businesses and individuals to choose the purchasing model that best suits their needs. Each transaction is supported by secure payment processing and transaction assistance, reinforcing customer confidence and facilitating smooth operations. The clear pricing structure for full purchases and lease agreements underlines the company's commitment to transparency and simplicity in the domain acquisition process.In the future, Novitaz plans to expand its product offerings by launching new domain leasing options and enhancing its platform's features. The company also aims to penetrate new geographical markets, targeting regions such as Europe and Asia by the end of 2012. The recent funding of USD 1.38 mn raised in March 2010 will be utilized to support these initiatives, focusing on technology development and market expansion efforts.

## Funding rounds

- Series A, Mar 31, 2004 — Global Asia Partners

## Investors

- Global Asia Partners (https://capitalatlas.ai/funds/global-asia-partners) — Series A