# Tapit Media

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tapit-media

- Industry: Software
- Headquarters: Sydney, Australia
- Website: www.tapit.com.au
- Total disclosed funding: $2.3M
- Latest round: Series A (Dec 21, 2012)
- Investors on record: 2

## About

Tapit Media specializes in domain services, particularly domain parking, enabling clients to monetize unused domains through advertising revenue.Tapit Media operates primarily in the domain parking sector, providing a platform for domain owners to generate revenue from their unused domains. The company, headquartered in Sydney, Australia, was sold to Phunware, Inc. in January 2013 for USD 23 mn. The current CEO is Thuong Nguyen.tapit.com.au focuses on domain parking services, allowing domain owners to monetize their unused domains through a platform that generates advertising revenue. Their services cater to individual investors and companies with multiple domain names, providing a means to profit from their digital assets while targeting clients in Australia and potentially other regions.The revenue model for tapit.com.au is primarily based on advertising income from parked domains. Domain owners using their platform receive a share of the revenue generated from traffic directed to their domains, structured as a B2B model that connects them with advertisers. Specific pricing plans are not publicly disclosed, but the revenue-sharing agreement allows clients to earn from clicks or impressions on ads.Tapit Media's future growth strategy includes the exploration of new products aimed at enhancing their domain monetization platform. While specific upcoming products have not been detailed, the recent funding from the TRADE SALE in January 2013 for USD 23 mn will likely support these initiatives. The company is also considering expansion into additional geographic markets beyond Australia, although specific regions and timelines have not been announced.

## Funding rounds

- Series A, Dec 21, 2012, $2.3M — Monash Private Capital
- Seed, Aug 29, 2011 — Sydney Angels

## Investors

- Sydney Angels (https://capitalatlas.ai/funds/sydney-angels) — Seed
- Monash Private Capital (https://capitalatlas.ai/funds/monash-private-capital) — Series A