# OLSET

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

- Industry: Travel & Leisure
- Headquarters: San Francisco, US
- Website: www.olset.com
- Total disclosed funding: $1.6M
- Latest round: Seed (May 16, 2014)
- Investors on record: 10

## About

OLSET is a company specializing in premium domain name sales, providing businesses the chance to acquire unique web addresses that enhance their online branding.Founded in 2012 and headquartered in San Francisco, US, OLSET focuses on domain name sales, particularly the sale of OLSet.com. The company has successfully closed 3 deals to date, with its latest funding round being a Seed investment of USD 1.1 mn raised on May 16, 2014, led by Montage Ventures along with other investors, including Digital Garage, Inc. and 500 Global. The founder's history and previous ventures were not specified.Olset.com specializes in domain name sales, offering premium domain names to enhance online brand presence. The core product, OLSet.com, is a marketable five-letter domain aimed at small to medium-sized enterprises (SMEs) and startups. The transaction process is secured through PDTransfer, facilitating purchases and transfers efficiently, primarily targeting customers in North America, Europe, and Asia.OLSET generates revenue through the direct sale of domain names, with OLSet.com priced at USD 17,199. Payment options include an initial payment followed by monthly installments, catering to various customer preferences. This structured model focuses on B2B relationships, allowing businesses to invest in valuable digital assets without significant upfront costs.In May 2014, OLSET raised USD 1.1 mn in Seed funding to support its growth initiatives. The company aims to enhance its product offerings by developing new premium domain names and expanding into new markets across Europe and Asia by 2025. The recent funding will be utilized to facilitate these expansions and improvements in services.

## Funding rounds

- Seed, May 16, 2014, $1.1M — 500 Global, XG Ventures, Digital Garage, Inc., Plug and Play, Montage Ventures, Principle Innovation, Merced Partners
- Seed, Dec 15, 2013, $0.5M — XG Ventures, Plug and Play, Wilson Sonsini Goodrich & Rosati, Global Venture Alliance, Drummond Road Capital, Montage Ventures

## Investors

- XG Ventures (https://capitalatlas.ai/funds/xg-ventures) — Seed
- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed
- Wilson Sonsini Goodrich & Rosati — Seed
- Global Venture Alliance — Seed
- Drummond Road Capital (https://capitalatlas.ai/funds/drummond-road-capital) — Seed
- Montage Ventures (https://capitalatlas.ai/funds/montage-ventures) — Seed
- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Digital Garage, Inc. — Seed
- Principle Innovation — Seed
- Merced Partners — Seed