# STAN WORLD

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/stan-world

- Industry: Software
- Headquarters: Los Angeles, US
- Website: www.stan.world
- Total disclosed funding: $3M
- Latest round: Series A (Dec 21, 2021)
- Investors on record: 2

## About

STAN WORLD INC. operates a secure marketplace dedicated to the buying and selling of premium web domains, ensuring a seamless and safe transaction process for a diverse clientele.Founded in 2019, STAN WORLD INC. is headquartered in Los Angeles, US, and specializes in the domain marketplace. The company raised KRW 3.5 billion in a Series A funding round on December 21, 2021, led by KB Investment, with participation from Strong Ventures. Aidan Lee and David Moon are the founders, with Aidan Lee currently serving as CEO. The company has completed one deal as of the latest funding.Stan.world offers a secure domain marketplace primarily focused on facilitating the buying and selling of premium web domains. Their core product allows customers to seamlessly purchase domain names through a simple, safe process, ensuring a reliable transfer of ownership. The platform targets various end users, including entrepreneurs, small to medium-sized businesses, and established corporations looking to enhance their online presence through premium domain acquisitions. Customers benefit from a 24/7 dedicated support service that assists them throughout the purchasing journey. Stan.world operates on a global scale, catering to markets across North America, Europe, and Asia, thereby reaching a diverse clientele that values easy access to quality digital real estate.Stan.world generates revenue through direct transactions involving the sale of domain names. The transaction structure primarily follows a B2C model, where individual customers or businesses engage directly with the platform to purchase domains. Typical transactions involve a straightforward purchase process, wherein clients select desired domain names and complete the transaction, often supported by various payment options designed to enhance customer experience. While specific pricing plans are proprietary, the structure is indicative of competitive pricing strategies aimed at attracting a wide range of customers from startups to large enterprises. The company's flagship service, centered around reliable domain transfers, ensures consistent engagement and repeat business from clients seeking to establish or enhance their online identity.Following its recent Series A funding of KRW 3.5 billion on December 21, 2021, STAN WORLD INC. plans to use the capital to enhance its technology platform and expand its marketing efforts. The company aims to launch new features designed to simplify the domain purchasing process, targeting completion by the end of 2022. Additionally, STAN WORLD INC. is planning to expand its services into new markets in Asia and Europe, with aims to establish a stronger presence in these regions by 2023.

## Funding rounds

- Series A, Dec 21, 2021, $3M — KB Investment, Strong Ventures

## Investors

- KB Investment (https://capitalatlas.ai/funds/kb-investment) — Series A
- Strong Ventures (https://capitalatlas.ai/funds/strong-ventures) — Series A
