# Shark Punch

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shark-punch

- Industry: Software
- Headquarters: Helsinki, Finland
- Website: www.sharkpunch.com
- Total disclosed funding: $7.4M
- Latest round: Series A (Nov 28, 2018)
- Investors on record: 7

## About

Shark Punch Oy is a Helsinki-based company specializing in the sale and leasing of premium domain names, facilitating businesses and individuals in enhancing their online identities through secure transactions.Founded in 2014 in Helsinki, Finland, Shark Punch Oy operates within the domain name industry, providing innovative solutions for online presence. The company has raised EUR 4 million in its Series A funding round in November 2018, led by Korea Investment Partners, with previous investments from Business Finland and London Venture Partners. The firm has executed a total of 4 deals to date. Jiri Kupiainen serves as the CEO, bringing experience and leadership to the company.Sharkpunch.com specializes in the sale and leasing of premium domain names, providing options for immediate purchase, lease-to-own arrangements, and offer-making on listed domains. This caters to a wide range of clients, including startups and established businesses across North America, Europe, and Asia, aiming to secure distinctive online identities with a user-friendly transaction process that includes secure payments and comprehensive transaction support.In 2022, Sharkpunch.com reported revenue of EUR 1,318,050.1, with an EBITDA of EUR -714,649.3. The company's revenue is generated through the sale and leasing of domain names, allowing clients to purchase outright or enter lease-to-own agreements, thus accommodating various financial strategies.Shark Punch Oy plans to leverage its recent funding from the Series A round in November 2018 to enhance its service offerings and expand into new geographic markets. Although specific new products are not detailed, the company is focused on scaling its operations and increasing market penetration in North America, Europe, and Asia. The funding will support the development of innovative solutions in domain name transactions, aiming to capitalize on the growing demand for digital real estate.

## Funding rounds

- Series A, Nov 28, 2018, $4.5M — London Venture Partners, Korea Investment Partners, Business Finland
- Seed, Aug 11, 2017, $1.7M — London Venture Partners, Tekes Venture Capital, Global Founders Capital, Reaktor Ventures
- Seed, Feb 24, 2015, $1.2M — DN Capital, London Venture Partners, Reaktor Ventures

## Investors

- DN Capital (https://capitalatlas.ai/funds/dn-capital) — Seed
- London Venture Partners (https://capitalatlas.ai/funds/london-venture-partners) — Seed, Series A
- Reaktor Ventures — Seed
- Tekes Venture Capital — Seed
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed
- Korea Investment Partners (https://capitalatlas.ai/funds/korea-investment-partners) — Series A
- Business Finland — Series A