# Poolit

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/poolit-2

- Industry: Financial Services
- Headquarters: Boston, US
- Website: www.poolit.com/
- Total disclosed funding: $5.3M
- Latest round: Seed (Dec 15, 2022)
- Investors on record: 4

## About

Poolit, Inc. is a direct-to-consumer investing platform that specializes in facilitating domain name transactions, providing a seamless experience for businesses and individuals to acquire premium domain names.Founded in 2021 and headquartered in Boston, US, Poolit, Inc. facilitates domain name transactions. The company raised USD 5.3 mn in Seed funding on December 15, 2022, co-led by Harlem Capital Partners and Picus Capital, with participation from Declaration Capital and Gilgamesh Ventures. The founder's background and previous business endeavors are not documented.The primary offering of poolit.com is the facilitation of domain name transactions, specifically the sale and lease of premium domain names, including the domain poolit.com itself. The company's services streamline the process for individuals and businesses seeking to establish an online presence, ensuring secure and efficient transactions with hassle-free payments and fast transfers. Their clientele includes entrepreneurs, small and medium-sized enterprises (SMEs), and larger corporations that require distinctive domain names to enhance their digital identity, with a focus on markets in North America, Europe, and select regions in Asia.Poolit.com generates revenue through the sale and leasing of domain names, adopting a straightforward transaction structure that mainly involves B2B interactions. Clients purchase or lease domains at established prices based on their desirability and market demand, with options for bulk purchases or long-term leases. This approach effectively accommodates both individual entrepreneurs and larger organizations looking to invest in their online presence.Following the recent Seed funding round in December 2022, Poolit, Inc. plans to utilize the USD 5.3 mn raised to enhance its platform and expand its operation into new geographic regions. Specific new markets targeted for expansion are not detailed, but the company is likely to focus on increasing its presence in Europe and Asia. The funding will support the development of new features and services aimed at streamlining domain transactions, although specific product launches or timelines for these initiatives have not been disclosed.

## Funding rounds

- Seed, Dec 15, 2022, $5.3M — Picus Capital, Harlem Capital Partners, Declaration Capital, Gilgamesh Ventures

## Investors

- Picus Capital (https://capitalatlas.ai/funds/picus-capital) — Seed
- Harlem Capital Partners (https://capitalatlas.ai/funds/harlem-capital-partners) — Seed
- Declaration Capital — Seed
- Gilgamesh Ventures (https://capitalatlas.ai/funds/gilgamesh-ventures) — Seed