# Sage Media Network

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sage-media-network

- Industry: Internet
- Headquarters: New York, US
- Website: www.sagespot.com
- Total disclosed funding: $5.1M
- Latest round: Seed (Nov 17, 2021)
- Investors on record: 1

## About

Sage Media Network, Inc. is a US-based company specializing in premium domain names and AI-powered branding tools, aimed at enhancing the online presence of businesses.Founded in 2020 in New York, US, Sage Media Network, Inc. operates as a marketplace for premium domain names. The company was established by CJ Dunne and Will Crager, with CJ Dunne serving as the CEO. To date, Sage Media Network, Inc. has completed a total of 4 deals. The most recent funding round was a Seed round, securing USD 4.85 mn in April 2023, representing the total amount raised thus far, with a current company valuation of USD 13.51 mn.SageSpot.com operates as a marketplace specializing in the sale of premium domain names, focusing on curated, brandable options to enhance businesses' online presence. Their offerings include a diverse range of domain names, particularly one-word domains with modern extensions like .ai, .io, and .xyz, as well as AI-powered branding tools to assist entrepreneurs in generating name ideas, logos, and brand identities. The company serves a global clientele across various industries, including wellness and personal development, facilitating domain purchases and branding services worldwide.SageSpot.com generates revenue through direct sales of domain names, with individual prices, including a domain listed at USD 6,299. Their business model includes one-time purchases and payment plans allowing clients to make smaller monthly payments while gaining immediate access to the domain. Transactions typically occur on a direct-to-consumer basis, where end-users also purchase related branding services, contributing to an efficient transaction process with domain transfers initiated within one business day post-purchase.In April 2023, Sage Media Network, Inc. raised USD 4.85 mn in Seed funding, which will be utilized to support the development of new AI-powered branding tools and expand their service offerings. The company plans to target new geographic markets across Europe and Asia by the end of 2024 to enhance its global footprint and cater to a broader audience.

## Funding rounds

- Seed, Nov 17, 2021, $3M — Khosla Ventures
- Seed, Jul 22, 2021, $2.1M — Khosla Ventures

## Investors

- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Seed