# Rupie

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

- Industry: Internet
- Headquarters: Bend, US
- Website: www.rupie.io
- Latest round: Seed (Mar 1, 2020)
- Investors on record: 1

## About

Rupie Inc. is a platform specializing in domain name transactions, facilitating the purchase and leasing of premium domain names for customers globally.Founded in 2017 and headquartered in Bend, US, Rupie Inc. focuses on streamlining domain name transactions. The company was established by Austin Anderson and Jonathan Tzou. Rupie Inc. has engaged in one deal, raising seed funding in March 2020 from Konvoy Ventures, marking a significant step in its growth trajectory.Rupie.io specializes in domain name transactions, offering a streamlined platform for both purchasing and leasing premium domain names. Their core offerings include the sale of verified domain names, leasing options that allow customers to pay a monthly fee, and the ability to make offers on domains. The company aims to simplify the domain acquisition process for individuals and businesses seeking to establish an online presence. Targeting a global market, Rupie.io serves a diverse clientele, including startups, entrepreneurs, and established companies across various sectors looking for unique domain names to enhance their branding and online visibility. The platform is designed to facilitate secure transactions and fast transfers, catering to users in various geographical regions.Rupie.io generates revenue through direct sales of domain names, leasing agreements, and customer offers. The primary revenue model is based on upfront purchases and monthly lease payments, with a flagship offering priced at USD 4,911 for outright purchase and a leasing option available at USD 226 per month. The transaction structure primarily operates on a direct-to-consumer basis, ensuring that customers have a seamless and secure purchasing experience. Each transaction includes transaction support, secure payment options, and local currency availability at checkout, enhancing customer satisfaction and retention. As a result, Rupie.io effectively captures a steady revenue stream through its clear pricing plans and commitment to customer service.Rupie Inc. plans to enhance its offerings by developing new features and services aimed at improving user experience, with specific product launches expected in late 2022. The company is targeting expansion into European markets, particularly Germany and the UK, by mid-2023, to cater to an increasing demand for premium domains in these regions. The recent seed funding round in March 2020 will be utilized to support these initiatives, ensuring that Rupie Inc. can effectively scale its operations and broaden its market reach.

## Funding rounds

- Seed, Mar 1, 2020 — Konvoy Ventures

## Investors

- Konvoy Ventures (https://capitalatlas.ai/funds/konvoy-ventures) — Seed