# Shipbeat

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

- Industry: Logistics & Distribution
- Headquarters: Copenhagen, Denmark
- Website: shipbeat.com
- Total disclosed funding: $1.6M
- Latest round: Seed (Aug 20, 2014)
- Investors on record: 2

## About

Shipbeat is a domain appraisal service that provides pricing estimates for domain names within a 24-hour timeframe, serving a diverse clientele seeking premium digital assets.Shipbeat was founded in 2014 and is headquartered in Copenhagen, Denmark. The company specializes in domain appraisals and has not undergone any notable changes in its business strategy. The latest funding round was a Seed round in August 2014, led by Heartcore Capital, raising a total of USD 1.6 mn. Klaus Nyengaard, the former CEO of JustEat, also participated in this round. The company has conducted a single deal to date.Shipbeat.com primarily offers domain appraisal services, providing potential buyers with pricing estimates for domain names within a 24-hour timeframe. Customers initiate the appraisal process by filling out an online form, after which domain experts analyze various factors to determine the market value of the requested domains. The company aims to serve a diverse client base, including individuals, small businesses, and larger organizations seeking to acquire premium domain names for branding or operational purposes.The revenue model for Shipbeat.com is structured around a fee-for-service approach, where clients engage the company to obtain domain appraisals. Customers submit requests via the online platform and receive pricing estimates within 24 business hours. The company primarily operates on a B2B basis with a focus on direct-to-consumer engagements, generating revenue through its appraisal offerings as demand for domain names continues to grow.Shipbeat plans to leverage its recent funding from the Seed financing round to enhance its domain appraisal services. While specific details on upcoming products have not been disclosed, the company aims to expand its operations into new markets beyond the United States and Canada. The funding from the most recent deal, led by Sunstone Capital, totaling USD 1.6 mn, will support these initiatives and aim to capitalize on growing opportunities in the digital asset space.

## Funding rounds

- Seed, Aug 20, 2014, $1.6M — SEED Capital, Heartcore Capital

## Investors

- SEED Capital (https://capitalatlas.ai/funds/seed-capital) — Seed
- Heartcore Capital (https://capitalatlas.ai/funds/heartcore-capital) — Seed