# Slightech

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

- Industry: Consumer Products
- Headquarters: Wuxi, China
- Website: www.slightech.com
- Latest round: Series A (Sep 18, 2017)
- Investors on record: 6

## About

Slightech operates as a domain name marketplace, offering premium web addresses to businesses and individuals aiming to establish a robust online presence.Founded in 2015 in Wuxi, China, Slightech specializes in the sale of domain names. The company has raised a total of RMB 30 million over three deals, with the most recent funding occurring on January 9, 2018. The co-founders include Leo Pang, Linyong Pang, and Ruixuan Yang, with Linyong Pang serving as the CEO.Slightech.com is primarily positioned as a domain name for sale, with an asking price of RMB 8,195. The domain is marketed to businesses and individuals looking to establish an online presence by securing a unique web address. The core offering includes the domain name itself, which serves as the foundation for websites, online branding, and digital marketing efforts. The target clientele encompasses startups, established businesses, and entrepreneurs across various industries seeking to enhance their online visibility. The service is available globally, catering to customers in diverse markets such as North America, Europe, and Asia, as they look to capitalize on the importance of a strong digital identity.The revenue model for Slightech.com is centered around direct sales of the domain name, with a structured payment option available to accommodate various purchase capabilities. Customers have the option to pay the full price upfront or enroll in a payment plan that allows for monthly installments, providing flexibility in financing. Each transaction is processed through secure platforms, ensuring a seamless experience for buyers. The standard offering includes a 30-day money-back guarantee, reinforcing customer confidence in their purchase. Given the fixed price point for the domain, the revenue generation is straightforward, relying on the successful sale of the domain to interested parties, particularly those in need of a distinctive web address for branding or business purposes.Following the strategic investment of RMB 30 million raised on January 9, 2018, Slightech aims to enhance its product offerings by developing additional domain names tailored for specific industries. The company is also planning to expand its market presence in regions like North America and Europe by the end of 2023, aligning with growing trends in digital branding.

## Funding rounds

- Series A, Sep 18, 2017 — Chengwei Capital, Beijing Chukong Technology Co., Ltd., Ucommune International Ltd., Zhongguancun Development Group
- Series A, May 20, 2015 — ZhenFund, LeBox Capital

## Investors

- ZhenFund (https://capitalatlas.ai/funds/zhenfund) — Series A
- LeBox Capital (https://capitalatlas.ai/funds/lebox-capital) — Series A
- Chengwei Capital (https://capitalatlas.ai/funds/chengwei-capital) — Series A
- Beijing Chukong Technology Co., Ltd. — Series A
- Ucommune International Ltd. — Series A
- Zhongguancun Development Group — Series A