# SocialThing

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

- Industry: Internet
- Headquarters: Boulder, US
- Website: www.socialthing.com
- Total disclosed funding: $0M
- Latest round: Seed (Aug 1, 2007)
- Investors on record: 1

## About

SocialThing Inc. specializes in domain registration and related services, empowering individuals and businesses to establish their digital presence effectively. The company focuses on delivering user-friendly solutions for online branding and identity.SocialThing Inc. provides domain registration services and was founded in Boulder, US. In August 2008, the company was acquired by AOL. The financial details of the deal were not disclosed. The company's founder has a history of entrepreneurial ventures but specific details are not provided. The latest funding round was a Series A amounting to USD 0.30 mn, led by eonBusiness, which constitutes the total amount raised by the company.The company primarily offers domain registration and related services through its website, www.socialthing.com. Its core product allows businesses and individuals to acquire domain names, facilitating their online presence in the digital marketplace. Customers of SocialThing include entrepreneurs, small businesses, and larger enterprises looking to establish or expand their brand identity online. The platform also provides additional services such as domain parking and sales facilitation, targeting users seeking to buy or sell domain names. Geographically, the services are accessible to a global market, catering to customers from various regions keen on establishing a web presence.Revenue generation for the company occurs through domain registration fees, structured as annual subscriptions. Clients engage by purchasing domain names through an online transaction process that ensures immediate ownership and registration. The revenue model also includes sales of premium domains, priced higher due to their desirability and branding potential. Additionally, the company derives income from ancillary services related to domain management, enhancing the overall customer experience. Pricing tiers for domain registration and related services are structured to accommodate diverse client needs, from individual users to large corporations seeking bulk registration options.In the wake of the most recent deal in August 2008, SocialThing Inc. plans to leverage its resources to expand product offerings and enter new markets. Future initiatives include the launch of enhanced domain management tools designed to streamline user experience, with expected rollout by late 2009. The company aims to target emerging markets in South America and Asia for expansion by 2010, utilizing the capital from the Series A funding of USD 0.30 mn to support these strategic initiatives.

## Funding rounds

- Seed, Aug 1, 2007, $0M — Techstars

## Investors

- Techstars (https://capitalatlas.ai/funds/techstars) — Seed