# Thinkspeed

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

- Industry: Internet
- Headquarters: Austin, US
- Website: www.thinkspeed.com
- Latest round: Seed (Sep 21, 2011)
- Investors on record: 1

## About

Thinkspeed operates as a domain name brokerage service, facilitating the acquisition and leasing of domain names, including ThinkSpeed.com, through secure transactions and tailored options for clients.Thinkspeed is a domain brokerage service based in Austin, US. The company was founded in 2011 and has undergone no significant pivots in its business strategy. It was formed through a seed funding round completed by Virgo Capital. The founder's background is not specified, and there are no mentions of parent or subsidiary companies. The company has engaged in a single funding deal as of September 21, 2011.Thinkspeed.com primarily operates as a domain name brokerage service, offering clients the opportunity to acquire and lease domain names, specifically ThinkSpeed.com. The company facilitates purchases through a straightforward transaction process, ensuring secure payments and rapid transfer of ownership. Their core service allows customers to either buy the domain outright for USD 3,999 or opt for a leasing arrangement at USD 667 per month. Targeting businesses and individuals seeking to establish an online presence, Thinkspeed.com serves a diverse clientele that spans various industries, from startups to established corporations. The service is available in several geographical markets, focusing on regions with a robust internet economy, including North America and parts of Europe, catering to both local and international customers.The revenue model for Thinkspeed.com is built around direct sales and leasing agreements for domain names. Customers can choose between a one-time purchase or a lease-to-own structure, creating a flexible transaction framework. The transaction process involves secure payment methods, with an emphasis on fast and hassle-free transfers, thereby enhancing the customer experience. With a flagship offering of ThinkSpeed.com priced at USD 3,999, the company effectively positions itself within the domain brokerage market. The pricing structure, encompassing both outright sales and leasing options, reflects a strategic approach to meet the varying needs of clients seeking domain acquisition, ensuring a steady stream of revenue from both direct sales and recurring lease payments.Thinkspeed plans to expand its product offerings by designing new services aimed at enhancing client engagement in domain management. The company is targeting expansion into new geographic regions, particularly in Europe, with plans to initiate this growth phase by the end of 2012. The financial support from the seed financing completed in September 2011 by Virgo Capital will be used to enhance product development and marketing efforts to capture a larger share of the domain brokerage market.

## Funding rounds

- Seed, Sep 21, 2011 — Virgo Capital

## Investors

- Virgo Capital (https://capitalatlas.ai/funds/virgo-capital) — Seed
