# Ogmento

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

- Industry: Software
- Headquarters: New York, US
- Website: ogmento.com
- Total disclosed funding: $3.5M
- Latest round: Series A (May 26, 2010)
- Investors on record: 2

## About

Ogmento Inc specializes in domain name sales and leasing, focusing on providing secure and efficient transactions for various clients, from entrepreneurs to large enterprises.Ogmento Inc operates in the domain acquisition industry, offering services related to domain names. The company is headquartered in New York, US, and has engaged in a total of five deals. In April 2013, Ogmento raised USD 1.4 mn in a VENTURE DEBT funding round, contributing to a total amount raised of USD 3.02 mn.Ogmento.com primarily offers the domain name ogmento.com for sale, providing potential buyers the option to purchase outright for USD 19,888 or to engage in a lease-to-own plan at USD 1,683 per month. This service caters to a diverse clientele including individual entrepreneurs, small to medium-sized businesses, and larger enterprises seeking a unique online identity. The company focuses on simplifying the domain acquisition process by ensuring secure transactions, facilitating fast and easy transfers, and providing comprehensive transaction support. Their offerings are accessible globally, accommodating local currencies during checkout to enhance user experience for international clients. The company's mission is to streamline domain purchasing and leasing, making it a practical solution for any entity requiring a domain, irrespective of their operational scale or geographical location.Revenue generation for Ogmento.com stems primarily from the sales and leasing of its domain names, particularly the flagship domain ogmento.com. Transactions are structured such that clients can choose between a one-time purchase fee or a monthly lease-to-own arrangement, providing flexibility for varying business needs. The pricing for these services is clearly defined, with the outright purchase set at USD 19,888 and the lease option at USD 1,683 per month. The company's business model involves direct-to-consumer sales, where clients interact directly with Ogmento.com for their domain needs. This structured approach to revenue attracts a broad range of customers and facilitates a straightforward transaction process, ensuring clarity and efficiency in each engagement with potential buyers.The upcoming strategy for Ogmento Inc includes the design and launch of new products aimed at enhancing their domain offerings. While specific details and release dates have not been disclosed, the company is exploring opportunities to expand into new geographic markets. This may include targeting emerging markets where online presence is rapidly growing. The recent funding of USD 1.4 mn raised in April 2013 will be utilized to support these initiatives, enabling the company to enhance its product lineup and strengthen its market position.

## Funding rounds

- Series A, May 26, 2010, $3.5M — Chart Venture Partners, CNF Investments

## Investors

- Chart Venture Partners (https://capitalatlas.ai/funds/chart-venture-partners) — Series A
- CNF Investments (https://capitalatlas.ai/funds/cnf-investments) — Series A