# Orthocone

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

- Industry: Chemicals
- Headquarters: Gothenburg, Sweden
- Website: www.orthocone.com
- Total disclosed funding: $0.1M
- Latest round: Seed (Feb 19, 2010)
- Investors on record: 1

## About

Orthocone is a company specializing in the sale of premium internet domain names, focusing on facilitating user-friendly domain transactions that help customers establish their online identity.Orthocone operates in Gothenburg, Sweden, and specializes in the sale of premium internet domain names. Founded by individuals passionate about digital presence, the company raised SEK 0.85 mn in Seed funding from Chalmers Innovation Capital in 2010. Orthocone has completed one deal to date, with its most recent funding round occurring on 19th February 2010.The company specializes in the sale of premium internet domain names, providing a streamlined purchasing experience for clients seeking to secure their online identities. Orthocone facilitates domain transactions through a platform that ensures fast transfers and buyer protection, addressing the growing demand for credible online presence among entrepreneurs, SMEs, and larger corporations. Their services cater to a diverse clientele across North America, Europe, and select regions in Asia.Orthocone's revenue model is based on direct sales of domain names, where transactions occur through a straightforward purchasing process. Customers can negotiate for domain names listed on the platform, with payments processed via various flexible methods. The transaction structure often involves one-time payments for individual domains, each priced according to market demand. The company's flagship service includes a domain acquisition process that incorporates a buyer protection program to foster trust among users.Orthocone plans to utilize the SEK 0.85 mn raised from the Seed funding in 2010 to enhance its platform and improve the purchasing experience for clients. The company aims to expand its presence in North America and Europe, targeting additional geographical markets in Asia by 2025. They are also developing new products to further streamline domain acquisition that are expected to launch in 2024.

## Funding rounds

- Seed, Feb 19, 2010, $0.1M — Chalmers Ventures

## Investors

- Chalmers Ventures (https://capitalatlas.ai/funds/chalmers-ventures) — Seed