# Peridrome Corporation

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

- Industry: Business Support Services
- Headquarters: Brooklyn, US
- Website: www.peridrome.com
- Total disclosed funding: $1.1M
- Latest round: Series A (Apr 30, 2008)
- Investors on record: 2

## About

Peridrome Corporation specializes in providing aged and expired domain names, enhancing online presence for businesses and individuals through strategic digital assets.Peridrome Corporation was founded in 2007 and is headquartered in Brooklyn, US. The company focuses on the acquisition and sale of aged and expired domain names. In April 2008, Peridrome raised USD 1.1 mn in Series A funding led by Activate Venture Partners, with participation from the New York State Common Retirement Fund. This funding round represents the total amount raised to date. The company has engaged in a single funding round, indicating its initial growth strategy and operational focus.Peridrome Corporation specializes in providing aged and expired domain names, catering to businesses and individuals looking to enhance their online presence. The company's core offerings include a diverse portfolio of domain names that have matured over time, contributing to improved search engine rankings and brand visibility. These domain names serve various end-use cases, including website development, e-commerce, and digital marketing initiatives. The customer base primarily consists of small to medium-sized enterprises (SMEs), digital marketers, and web developers who seek to leverage established domains for their online strategies. The geographical markets served by Peridrome include Indonesia and international clients seeking premium domain names for global use.Peridrome Corporation employs a revenue model centered on direct sales of domain names to its clients, facilitating a straightforward transactional approach. Clients typically purchase domain names either on a one-time basis or through negotiated agreements involving multiple domains. This structure allows for immediate ownership transfer, enabling clients to integrate the domains into their digital assets efficiently. The company may offer tiered pricing plans based on the age and perceived market value of each domain, reflecting their premium positioning in the market. Flagship offerings include high-demand domains that attract interest from businesses looking to establish or rebrand their online presence.In April 2008, Peridrome Corporation raised USD 1.1 mn in Series A funding, which will be utilized to support product development and market expansion. The company is exploring the introduction of new domain-related services aimed at enhancing their offerings within the next year. Additionally, Peridrome plans to extend its market reach into Europe and North America by the end of 2009, tapping into larger markets for premium domain names.

## Funding rounds

- Series A, Apr 30, 2008, $1.1M — New York State Common Retirement Fund, Activate Venture Partners

## Investors

- New York State Common Retirement Fund — Series A
- Activate Venture Partners (https://capitalatlas.ai/funds/activate-venture-partners) — Series A