# Peritus.AI

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

- Industry: Software
- Headquarters: Palo Alto, US
- Website: www.peritus.ai
- Total disclosed funding: $5.5M
- Latest round: Seed (Jul 1, 2021)
- Investors on record: 3

## About

Based in California, Peritus.AI, Inc. operates as a facilitator for premium domain name acquisitions, empowering businesses and individuals to establish a significant online footprint through distinctive digital identities.Founded in 2017 in Palo Alto, California, Peritus.AI, Inc. specializes in premium domain name sales. The company was co-founded by Mohan Reddy, Robin Purohit, and Santhosh Srinivasan, with Robin Purohit currently serving as CEO. In July 2021, the firm raised USD 1.5 mn in Seed funding led by First Rays Venture Partners, bringing the total amount raised to USD 1.5 mn. The company has engaged in 4 deals to date, focusing on enhancing its operational capabilities.Peritus.ai specializes in the sale of premium domain names, prominently featuring the domain name "peritus.ai," which is available for immediate purchase at a price of USD 149,888. The company caters to a diverse clientele, including startups and established enterprises, providing transaction support, secure payments, and seamless transfer processes to facilitate hassle-free domain acquisitions.Peritus.ai generates revenue through the direct sale of domain names, particularly its flagship offering of "peritus.ai" priced at USD 149,888. The company employs a straightforward transaction model, which involves one-time payments for domain purchases. This structure allows Peritus.ai to maintain a stable revenue stream without any recurring fees, focusing on one-time purchases from its varied clientele.Following its latest funding round in July 2021, where Peritus.AI, Inc. raised USD 1.5 mn in Seed funding, the company plans to expand its offerings and enhance its market reach. Future strategies may include the development of new premium domains and potential expansions into North American and European markets to increase its client base. The funding will support these initiatives as Peritus.ai continues to enhance its services and streamline the domain acquisition process.

## Funding rounds

- Seed, Jul 1, 2021, $1.5M — First Rays Venture Partners
- Seed, May 15, 2020, $2M — BGV
- Seed, Mar 15, 2019, $2M — BGV, Ideaspring Capital

## Investors

- BGV (https://capitalatlas.ai/funds/bgv) — Seed
- Ideaspring Capital (https://capitalatlas.ai/funds/ideaspring-capital) — Seed
- First Rays Venture Partners (https://capitalatlas.ai/funds/first-rays-venture-partners) — Seed