# Podo

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

- Industry: Electronics
- Headquarters: Santa Clara, US
- Website: www.mypodo.com
- Total disclosed funding: $1.5M
- Latest round: Seed (May 1, 2015)
- Investors on record: 6

## About

Podo is a premium domain name provider facilitating online branding through the sale of memorable web addresses. Their service caters to individuals and businesses seeking to enhance their online identity.Podo operates as a premium domain name service, providing unique web addresses for individuals and businesses. Founded by KiJong Ahn, the company is headquartered in Santa Clara, US. In May 2015, Podo completed a Seed funding round, raising USD 1.12 mn from notable investors including 1Can Network and Seedcamp, with this being the total amount raised by the company.Mypodo.com is positioned as a premium domain name available for sale through HugeDomains. The core offering is the domain name itself, designed for individuals and businesses wanting to establish a strong online presence. The service aims to solve branding and online identity issues, providing a memorable web address that enhances visibility and credibility in various markets. Target clients include entrepreneurs, small business owners, and established companies aiming to expand their digital footprint. The domain is marketed globally, ensuring access to a diverse client base.Revenue generation for Mypodo.com primarily comes from domain sales via HugeDomains. Customers can purchase the domain for a fixed price of USD 595 or choose a monthly payment plan of USD 49.58 over 12 months. This pricing structure allows for flexible payment options, catering to various financial scenarios. The transaction process is straightforward, enabling immediate access to the domain upon purchase, thereby appealing to both individual buyers and businesses seeking to enhance their branding strategies.In 2015, Podo raised USD 1.12 mn in Seed financing to support its growth initiatives. Although specifics on upcoming products have not been disclosed, the company is expected to leverage its recent funding to enhance its marketing strategies and expand its reach in new geographic regions, allowing them to tap into emerging markets. Further details on these expansions will likely be outlined in coming business updates.

## Funding rounds

- Seed, May 1, 2015, $1.1M — Seedcamp, 1Can Network
- Seed, Jun 1, 2014 — Seedcamp, Kima Ventures, Highway1, FuturePlay
- Angel, Mar 1, 2014, $0.4M — Kima Ventures, Plug and Play, Highway1, FuturePlay
- Angel, May 1, 2013 — Plug and Play

## Investors

- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Angel
- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Angel, Seed
- Highway1 (https://capitalatlas.ai/funds/highway1) — Angel, Seed
- FuturePlay (https://capitalatlas.ai/funds/futureplay) — Angel, Seed
- Seedcamp (https://capitalatlas.ai/funds/seedcamp) — Seed
- 1Can Network — Seed
