# Technically Compatible

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/technically-compatible

- Industry: Software
- Headquarters: Sunderland, UK
- Website: www.technicallycompatible.com
- Total disclosed funding: $1.2M
- Latest round: Seed (May 5, 2016)
- Investors on record: 1

## About

Technically Compatible Ltd. specializes in domain name registration and sales, providing businesses with premium domain names to enhance their online presence.Founded in 2014 in Sunderland, UK, Technically Compatible Ltd. focuses on offering premium domain names. The company has successfully executed 4 deals, with its most recent funding round occurring on 22 October 2018. The latest investment round raised GBP 500,000 from the European Regional Development Fund and Mercia Asset Management, bringing the total amount raised to GBP 500,000 and valuing the company at GBP 2.29 million. The company hasn't undergone any notable pivots or changes in ownership structure since its inception.TechnicallyCompatible.com primarily operates in the domain name registration and sale sector, offering premium domain names for various business ventures. The core product is the domain name "TechnicallyCompatible.com," available for direct purchase or through a structured payment plan. This service appeals to entrepreneurs, startups, and established businesses looking to enhance their online presence by acquiring recognizable and relevant domain names. The company facilitates a seamless purchasing process, enabling clients to acquire domains quickly, often within one to two hours of completing the transaction, serving a global clientele.The revenue structure of TechnicallyCompatible.com revolves around the direct sale of domain names, with specific pricing strategies tailored to individual products. The domain "TechnicallyCompatible.com" is listed for a one-time purchase price of GBP 595 or can be financed through a payment plan of GBP 24.79 per month for 24 months. This structured approach allows customers flexibility in acquiring domain names, contributing to the overall revenue generation of the company. Transactions occur primarily on a direct-to-consumer basis, where individuals and businesses engage in purchasing domain names. Additionally, the company provides a satisfaction guarantee, which may enhance customer loyalty and repeat business.The company raised GBP 500,000 in venture funding on 22 October 2018, which will be utilized to support the launch of new products and expansion into new markets. This funding is aimed at enhancing their domain registration services and exploring opportunities in emerging markets across Europe and Asia by the end of 2023.

## Funding rounds

- Seed, May 5, 2016, $0.6M — Northstar Ventures
- Seed, Aug 26, 2015, $0.6M — Northstar Ventures

## Investors

- Northstar Ventures (https://capitalatlas.ai/funds/northstar-ventures) — Seed