# Persystent Technologies

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

- Industry: Software
- Headquarters: Tampa, US
- Website: www.persystent.com
- Total disclosed funding: $20M
- Latest round: Series C (Jun 1, 2008)
- Investors on record: 5

## About

Persystent Technologies specializes in providing domain name services to businesses and entrepreneurs, facilitating the establishment of online identities through memorable and marketable domain names.Founded by Dhaval Patel, Persystent Technologies operates from Tampa, US, and offers domain name services. The company was acquired by Utopic Software in 2012, although the financial terms were undisclosed. As of the latest funding round on June 1, 2012, Persystent Technologies raised a total of USD 2.83 mn through an unspecified funding round, marking it as a target for investment.Persystent.com offers a diverse range of domain name services tailored for businesses and entrepreneurs looking to create an online presence. The core offering includes the sale of high-value domain names that are designed to enhance brand identity and visibility. The platform simplifies the domain purchasing process, providing options for immediate ownership or payment plans, making it accessible to various clients from startups to established businesses across North America and Europe.Persystent.com's revenue model is primarily based on the direct sale of domain names. Customers can purchase domain names outright, such as for USD 2,795 for Persystent.com, or opt for financing at USD 232.92 per month over 12 months. This direct-to-consumer approach accommodates varying financial capacities, catering to small businesses and individual entrepreneurs. A 30-day money-back guarantee is also offered to ensure customer satisfaction with their purchases.Looking ahead, Persystent Technologies aims to expand its product offerings, with new domain name services anticipated to roll out by late 2023. The company plans to penetrate additional markets, particularly in Asia and South America, by 2024, leveraging recent funding to support these initiatives. The funds from the latest round will be utilized to enhance marketing efforts and develop new products to strengthen its market presence.

## Funding rounds

- Series C, Jun 1, 2008, $12M — Valhalla Partners, ABS Ventures, Village Ventures, Inflexion Partners, Tall Oaks Capital
- Series B, Aug 8, 2005, $7M — Valhalla Partners, Village Ventures, Inflexion Partners, Tall Oaks Capital
- Series A, Jul 28, 2003, $1.5M — Village Ventures, Inflexion Partners, Tall Oaks Capital

## Investors

- Village Ventures (https://capitalatlas.ai/funds/village-ventures) — Series A, Series B, Series C
- Inflexion Partners (https://capitalatlas.ai/funds/inflexion-partners) — Series A, Series B, Series C
- Tall Oaks Capital (https://capitalatlas.ai/funds/tall-oaks-capital) — Series A, Series B, Series C
- Valhalla Partners (https://capitalatlas.ai/funds/valhalla-partners) — Series B, Series C
- ABS Ventures (https://capitalatlas.ai/funds/abs-ventures) — Series C