# SIPquest

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

- Industry: Software
- Headquarters: Ottawa, Canada
- Website: www.sipquest.com
- Total disclosed funding: $13M
- Latest round: Series C (May 24, 2006)
- Investors on record: 3

## About

SIPquest is a domain acquisition platform that simplifies the buying process, offering options for outright purchases or leasing to own, catering to diverse clients looking to enhance their online presence.SIPquest is a platform dedicated to the acquisition and leasing of domain names. The company was acquired by CounterPath Corporation in February 2008 for USD 6 mn. SIPquest operates out of Ottawa, Canada. The founder’s history is not publicly available. The latest funding round raised a total of USD 6 mn, which is also the total amount raised by the company across its funding rounds.sipquest.com offers a robust platform for the acquisition and leasing of domain names, focusing on simplifying the buying process for clients seeking to enhance their online presence. Clients can purchase domain names outright for USD 9,995 or opt for a Lease to Own model at USD 480 per month. This service caters to individual entrepreneurs, small to medium-sized businesses, and larger enterprises aiming to secure high-value domain names. The platform supports clients in enhancing brand visibility, improving digital marketing strategies, and establishing a credible online identity across North America, Europe, and Asia.sipquest.com generates revenue primarily through its transaction-based model, focusing on domain sales and leasing agreements. The company earns steady income from outright purchases at USD 9,995 and monthly payments from leasing clients at USD 480. The platform prioritizes secure transactions and customer support throughout the purchasing process, contributing to its revenue through efficient domain name transfers.The acquisition by CounterPath Corporation in February 2008 marked a pivotal moment in SIPquest's strategy. While specific plans for product launches or expansions are not detailed, the acquisition may provide the resources necessary for future growth. The company aims to leverage its position under CounterPath to enhance its offerings and potentially explore new geographic markets.

## Funding rounds

- Series C, May 24, 2006, $7M — Skypoint Capital, BDC Capital, Covington
- Series B, Apr 20, 2005, $6M — Skypoint Capital, Covington

## Investors

- Skypoint Capital (https://capitalatlas.ai/funds/skypoint-capital) — Series B, Series C
- Covington (https://capitalatlas.ai/funds/covington) — Series B, Series C
- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Series C