# SnapGuide

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

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.snapguide.com
- Total disclosed funding: $6.9M
- Latest round: Series A (Jun 8, 2012)
- Investors on record: 4

## About

SnapGuide is a domain brokerage platform that simplifies the buying and leasing of domain names, providing a user-friendly interface and secure transaction processes for entrepreneurs and businesses.SnapGuide operates as a domain brokerage platform, facilitating domain name transactions for individuals and businesses. The company is headquartered in San Francisco, US. It was involved in a significant acquisition in June 2015 when it acquired Brit + Co, a portfolio company backed by various investors. The latest funding round was on June 9, 2015, where SnapGuide raised USD 3.000 mn from investors including Atlas Venture, Index Ventures, SV Angel, Slow Ventures, and Tuesday Capital. The total amount raised by the company stands at USD 3.000 mn.Snapguide.com primarily operates as a domain brokerage platform, facilitating the buying and leasing of domain names for individuals and businesses. The core service of the company is to provide an easy-to-use interface for potential buyers to make offers on premium domains, ensuring secure transactions and fast transfers. The platform supports a range of payment options, catering to clients across various geographical regions including North America, Europe, and parts of Asia. Snapguide.com aims to address the challenges of acquiring desirable domain names by streamlining the negotiation and transaction process, thereby appealing to entrepreneurs, small businesses, and digital marketers looking to establish their online presence. This service was launched to cater to the increasing demand for unique and memorable web addresses in an ever-expanding digital marketplace.The revenue model for Snapguide.com is based on transaction fees charged during the sale or lease of domain names facilitated through its platform. Clients typically engage in direct-to-consumer transactions, where they can make offers on domain names listed for sale, leading to a negotiated purchase agreement. Payments are processed securely, with a portion allocated to transaction support services that assist clients throughout the buying process. The platform's pricing structure varies depending on the domain's premium status and market demand, reflecting the competitive nature of the domain brokerage industry. Each transaction is designed to provide a seamless experience, ensuring that clients receive comprehensive support from start to finish.SnapGuide plans to expand its offerings with new tools for domain management and enhanced user experience features expected to launch in 2024. The company aims to enter new markets in Asia and Europe by the end of 2025. The recent funding round of USD 3.000 mn will be utilized to support these initiatives, including technology upgrades and marketing efforts to attract a broader client base. The acquisition of Brit + Co is also part of a strategic move to diversify and enhance SnapGuide's service offerings.

## Funding rounds

- Series A, Jun 8, 2012, $5M — Atlas Venture, Index Ventures, Tuesday Capital
- Seed, Jun 14, 2011, $1.9M — Index Ventures, SV Angel

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Seed, Series A
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Seed
- Atlas Venture (https://capitalatlas.ai/funds/atlas-venture) — Series A
- Tuesday Capital (https://capitalatlas.ai/funds/tuesday-capital) — Series A