# RENS

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

- Industry: Consumer Products
- Headquarters: Helsinki, Finland
- Website: www.rensoriginal.com
- Latest round: Seed (Feb 1, 2022)
- Investors on record: 1

## About

RENS, Inc. specializes in domain parking services, facilitating the buying and selling of unique web addresses. Their platform connects domain owners with potential buyers, enhancing online presence for various businesses and individuals.Founded in 2017 in Helsinki, Finland, RENS, Inc. operates as a domain parking service that allows domain owners to monetize their unused names. The company has completed three deals to date, with its latest funding round being a VENTURE DEBT round of EUR 0.600 mn from Tesi on February 1, 2022. Jesse K. serves as both the CEO and founder, though details about any previous companies he may have founded are not available.Rensoriginal.com primarily serves as a domain parking service through Sedo Domain Parking, where domain owners can list their domains for potential sale. The platform offers a streamlined interface for domain owners to monetize their unused domain names while providing prospective buyers with the opportunity to acquire unique web addresses. The end use cases primarily revolve around facilitating online presence for businesses and individuals seeking to establish a brand identity or enhance their digital footprint. The service appeals to a diverse clientele, including small business owners, entrepreneurs, and organizations across various industries globally. Potential buyers from North America, Europe, and Asia are actively targeted markets, emphasizing the broad appeal of premium domain names in enhancing business visibility.In the most recent fiscal year of 2021, RENS, Inc. reported a revenue of EUR 543,846.1, with an EBITDA of EUR -845,977.5 for the same period, reflecting the costs associated with operations and growth initiatives.Looking ahead, RENS, Inc. aims to expand its offerings and geographical presence. The company intends to launch new products designed for enhanced domain trading capabilities in 2023. Target markets for expansion include North America and Asia, with specific rollout plans to be implemented by the end of 2023. Funding from the recent VENTURE DEBT round will be utilized to bolster these initiatives, ensuring a robust infrastructure for new product launches and market entry.

## Funding rounds

- Seed, Feb 1, 2022 — FOV Ventures

## Investors

- FOV Ventures (https://capitalatlas.ai/funds/fov-ventures) — Seed